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198 Maine Mall Road
SOLD

Wood Hill Realty Associates Acquires Retail Property In South Portland, ME For $20M

198 Maine Mall Road

Retail
118,422 SF
clock iconSold 1 year ago
Scott Schubert
Mark Malone
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Summary

Sale
MAINE
Retail
118,422 sqft

The retail property located at 198 Maine Mall Rd in South Portland, ME was recently sold. The property spans approximately 2.9 acres and has a total square footage of 118,422. The sale took place on January 28, 2022, and the property was purchased for a price of $20,000,000, resulting in a price per square foot of $169.

Summary of transaction details

  • Property Type: Retail
  • Transaction Amount: $20,000,000
  • Address: 198 Maine Mall Rd, South Portland, ME
  • Market: South Portland, ME
  • Acres: 2.9
  • Square Footage: 118,422

Wood Hill Realty Associates, LLC acted as the buyer in this transaction, while NECG Mallside BH, LLC served as the seller. Scott Schubert from Anagnost Realty & Development represented the buyer as their broker, and Mark Malone from Malone Commercial Brokers represented the seller.

Players

  • All

    3

  • Agents

    2

  • Agencies

    1

Scott Schubert's profile picture
Scott Schubert
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Licensed Realtor in NH and Commercial Property Manager
$20M Sold
Mark Malone's profile picture
$28.6M Sold

Details

Deal Summary
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SOLD
IMAGE: Scott Schubert & Mark Malone DATE: 01/28/2022 ADDRESS: 198 Maine Mall Rd MARKET: South Portland, ME ASSET TYPE: Retail ~ ACRES: 2.9 BUYER: Wood Hill Realty Associates, LLC SELLER: NECG Mallside BH, LLC BUYER'S REP: Scott Schubert - Anagnost Realty & Development SELLER'S REP: Mark Malone - Malone Commercial Brokers SALE PRICE: $20,000,000 SF: 118,422 ~ PPSF: $169

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Address198 Maine Mall Road

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