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$525,000

  • Sold
  • Closed
  • Office
See This Home
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Former site of famed Gateway Mastering Studios this attractive professional office condo space can be used for offices,art gallery or other creative retail uses. 7200sf combined with 8 deeded Gateway Parking spaces.With Portland's Business and Arts District steps away this is a great opportunity to elevate your business on Portland's Peninsula.

Full Property Details for 428 Cumberland Ave #4

General

  • Sold For: $525,000
  • HOA FEE: $1,449/month
  • Taxes: $17,540 (2023)
  • Status: Closed
  • Type: Office
  • Source: MREIS
  • MLS ID: 1595830
  • Added to Site: 638 day(s) ago

Business

  • Business Type: Office Building

Interior

  • Flooring: Heavy Duty, Carpet

Parking

  • Parking Features: 5 - 10 Spaces

Location

  • County: Cumberland
  • Subdivision: Gateway Condo Association

Community

  • Association: Yes

Heating & Cooling

  • Central air: Yes
  • Air Conditioning: Yes
  • Cooling Type: Central Air Conditioning
  • Heating Type: Heat Pump

Utilities

  • Water: Public

Structural Information

  • Construction: Brick, Masonry, Steel Frame
  • Building Size: 7200
  • Square Feet: 7,200
  • Living Area: 7,200 Sq. Ft.
  • Year Built: 1992

Lot Features

  • Zoning: B3
  • Lot Description: Downtown, Bus Line, Near Shopping

Financial Considerations

  • Association Fee: $1,449
  • Assoc Fee Freq.: Monthly
  • Tax Amount: $17,540
  • Tax Year: 2023

Disclosures and Reports

  • Lot Number: 6-4

Listed by Lucas Real Estate (207) 774-4022
Sold by Maine Real Estate Co (800) 971-8860

Listing agent

— 428 Cumberland Ave #4 —

  • Lucas Real Estate

    207-774-4022

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

Schools serving 428 Cumberland Ave #4

School District:Portland
NameGradesDistance
Howard C Reiche Community School
166 Brackett Street, Portland, ME 04102
K-50.4 mi
King Middle School
92 Deering Avenue, Portland, ME 04102
6-80.5 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 428 Cumberland Ave #4

Date
Details
Price
Change
Source
2/06/2025
Sold
$525,000
-4.37%
MLS
11/14/2024
Price Reduced
$549,000
-21.46%
MLS
7/05/2024
Listed
$699,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed by Lucas Real Estate (207) 774-4022
Sold by Maine Real Estate Co (800) 971-8860

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Price Reduced near 428 Cumberland Ave #4

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428 Cumberland Avenue #4, Portland, ME 04101 (MLS# 1595830) is a Office property that was sold at $525,000 on February 06, 2025. Want to learn more about 428 Cumberland Avenue #4? Do you have questions about finding other Office real estate for sale in Portland? You can browse all Portland real estate or contact a Coldwell Banker agent to request more information.