357 Maine Mall Road, LLC Acquires Retail Building In South Portland For $2.88M

The retail building located at 357 Maine Mall Road, South Portland, ME has been sold for $2,880,000. The property encompasses a total of 10,030 square feet, resulting in a price per square foot of $287. This site previously operated as a Cracker Barrel restaurant.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $2,880,000
• Address: 357 Maine Mall Road
• Market: South Portland, ME
• Square Footage: 10,030
• Price per Square Foot: $287
• Buyer: 357 Maine Mall Road, LLC
• Buyer's Representative: John Finegan - The Boulos Company
• Seller's Representatives: Mark Malone & Nick Malone - Malone Commercial Brokers

Malone Commercial Brokers facilitated the sale of the property, which will be transformed into Great Bay Spa and Sauna’s second showroom. The involvement of both John Finegan from The Boulos Company representing the buyer and the Malone brothers representing the seller highlights the various industry players in this transaction.