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$1,200,000 Just Listed

  • For Sale
  • Active
  • Commercial
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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.

Full Property Details for 189-201 Marlborough St

General

  • Price: $1,200,000
  • Taxes: (July 2025-June 2026)
  • Status: Active
  • Type: Commercial
  • Source: SMARTMLS
  • MLS ID: 24185553
  • Updated: Today (6/19/2026)
  • Added to Site: Today

Rooms

Bathrooms

  • Total Bathrooms: 1
  • Full Bathrooms: 1

Location

  • County: Middlesex
  • Driving Directions: GPS

Heating & Cooling

  • Cooling Type: Central Air
  • Heating Type: Gas on Gas

Utilities

  • Sewer: Public Sewer Connected
  • Water: Public Water In Street
  • Utility Description: Electric, Gas, Telephone, Cable

Structural Information

  • Roof: Other
  • Square Feet: 8,000
  • Sq. Ft. Source: Approximate
  • Year Built: 1947

Unit Information

Unit 1

  • Unit Description: 3 Bedrooms
  • Square Feet: 946
  • Total Bathrooms: 1

Unit 2

  • Unit Description: Retail

Unit 3

  • Unit Description: Office

Lot Features

  • Lot Size (Acres): 0.61
  • Frontage: State Road
  • Zoning: B2
  • Lot Description: N/A

Financial Considerations

  • Assessment Amount: $324,870
  • Tax Year: July 2025-June 2026

Disclosures and Reports

  • Documents Avail.: Brochure
  • Property ID: 1032996

Listed by Oxford Realty, Shay Hugo Vaezzadeh

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Listing agent

— 189-201 Marlborough St —

  • Shay Hugo Vaezzadeh

    Oxford Realty

Agent Contact: (225) 288-4109 Office Contact: (203) 314-4219

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Price & Sales History for 189-201 Marlborough St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
6/19/2026
Listed
$1,200,000
—
MLS
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 189-201 Marlborough St

Year
Property Taxes
Change
Tax Assessment
Change
2024
$3,393
3%
$96,110
—
2023
$3,297
6%
$96,110
—
2023
$3,120
—
$96,110
—
2022
$3,118
5%
$96,110
13%
2021
$2,975
2%
$84,980
—
2020
$2,922
2%
$84,980
—
2019
$2,873
—
$84,980
—
2018
$2,873
2%
$84,980
—
2017
$2,803
-24%
$84,980
-25%
2016
$3,707
1%
$114,030
—
2015
$3,688
2%
$114,030
—
2014
$3,624
2%
$114,030
—
2011
$3,567
—
$114,030
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 189-201 Marlborough St

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*These costs are estimates, and the interest rates assume exceptional credit standing.

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with our affiliated lender
NMLS#: 1598647

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Listed by Oxford Realty, Shay Hugo Vaezzadeh

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189-201 Marlborough Street, Portland, CT 06480 (MLS# 24185553) is a Commercial property. 189-201 Marlborough Street is currently listed for $1,200,000 and was received on June 19, 2026. Want to learn more about 189-201 Marlborough Street? Do you have questions about finding other Commercial real estate for sale in Portland? You can browse all Portland real estate or contact a Coldwell Banker agent to request more information.

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