Three-building mixed-use income property on high-traffic Route 66 in Portland's prime B-2 commercial corridor. Currently occupied by two national tenants - Subway Restaurant (197 Marlborough) and State Farm Insurance (201 Marlborough, ground floor) - plus a residential dwelling (189 Marlborough) . All active leases are gross with tenants paying their own utilities, delivering a clean, low-expense income stream. Current NOI: $82,757 Cap Rate: 6.9% at ask.
OWNER FINANCING AVAILABLE! Right on Route 66 in Portland - a corridor seeing serious momentum with new apartment developments and national tenants like Starbucks and Jersey Mike's staking their claim - this two-building commercial property offers approximately 5,000 sq ft and 20,700 vehicles passing the front door every day. The main building - concrete construction, built 1958, approximately 2,500 sq ft on the main floor - divides into two independent street-level storefronts, each with separate access and usable lower-level space below. A detached rear structure adds 2,304 sq ft with a drive-in overhead door, suited for warehouse, garage, or flex use. A 13,000 sq ft asphalt lot handles parking for a multi-tenant operation without stacking. B2 zoning opens the door to retail, office, service, and a wide range of commercial uses. Ductless split HVAC throughout, public water and sewer connected. Available for lease or purchase - and for buyers, owner financing is on the table, making this a realistic path to putting equity into your own building instead of a landlord's. Whether you're an operator looking to lease a high-visibility storefront, an owner-user ready to occupy one suite and rent the other, or an investor adding a multi-tenant commercial asset to your portfolio, the layout supports all three. Immediate availability, flexible terms, and Route 66 frontage that puts your business in front of over 20,000 drivers every day.
A Rare Blend of Business & Opportunity! They say you shouldn't mix business with pleasure-but this unique mixed-use property proves otherwise. Positioned in a prime location, this property offers a versatile commercial space on the ground level-previously home to a charming salon-ready to bring your business vision to life. Whether you're dreaming of a boutique, creative studio, spa, office, or cozy cafe/wine bar, the flexible layout provides the perfect foundation for a wide range of ventures. Above, a bright and inviting two-bedroom, one-bath apartment adds immediate value, ideal for owner-occupancy, employee housing, or strong rental income to offset business expenses. Adding to its appeal, the property has already enjoyed time in the spotlight as a filming location, giving it a distinctive character and story that sets it apart. Whether you're an entrepreneur, investor, or business owner looking for a live/work opportunity, this property offers exceptional flexibility, visibility, and income potential-all in one.
Turn-Key Bar & Eatery - Established & Ready for Your Concept! Well-loved and often frequented, casual restaurant and bar in a prime downtown location. Known for a menu of appetizers, specialty snacks, wings, and a rotating craft beer and liquor selection. Popular entertainment nights include trivia, karaoke, and board games-attracting a loyal, diverse crowd. Sale includes: fully equipped kitchen & bar, furniture, tv's and decor. Established customer base & proven operating systems makes this perfect for a hands-on owner looking to introduce a new food or drink concept, expand a current brand, or continue a fun neighborhood spot. Manageable space ideal for intimate gatherings-parking is limited but suited for the cozy, local vibe. Serious inquiries only.
Portland is located in Connecticut. Portland, Connecticut has a population of 9,459. Portland is more family-centric than the surrounding county with 33.88% of the households containing married families with children. The county average for households married with children is 27.85%.
The median household income in Portland, Connecticut is $107,034. The median household income for the surrounding county is $90,833 compared to the national median of $69,021. The median age of people living in Portland is 41.3 years.
The average high temperature in July is 84.1 degrees, with an average low temperature in January of 18.8 degrees. The average rainfall is approximately 47.5 inches per year, with 34.7 inches of snow per year.
