For Lease
$14-$18 /SF/YR

443 Western AveSouth Portland, ME 04106

Prime South Portland retail center, 100,982 sqft.

Overview

Added:
Dec 11, 2024
Days on market:
114
Jetport Plaza, located at 443 Western Ave in South Portland, Maine (zip code 04106), presents a significant retail investment opportunity. This established shopping center comprises two single-story buildings totaling 100,982 square feet, situated on a spacious 10.07-acre lot. Built in 1971 and extensively renovated in 2005, the property offers ample parking with 462 spaces to accommodate customers and employees. The property is zoned CCR (the specific meaning of this zoning code is not provided here) and identified by APN Map 48, Lot 2E within Cumberland County. The property's multiple tenancy structure provides flexibility for a variety of retail uses. Its prime location in South Portland offers excellent visibility and accessibility. The property's substantial size and established presence make it an attractive option for investors seeking a well-maintained, established retail center in a thriving Maine community. The property's age and renovation history suggest a balance between established infrastructure and modern updates. Further due diligence is recommended to fully assess the property's potential.

Highlights

  • High-traffic inline retail spaces available in a 100,982± SF shopping plaza on 10± acres.
  • Excellent Maine Mall area location, easily accessible from I-95/Maine Turnpike and I-295, boasting 14,500± vehicles per day.
  • Strong tenant mix including Staples, Appliance Warehouse, The UPS Store, Hearing Life, RaveX, AAA, and Aroma Joes.

Property Details for 443 Western Ave

Property type
Lifestyle centers, Power centers
RSF (Rentable sq. ft)
100,982 SF
Year Built/Renovated
1971/2005
Buildings
2
Stories
1

Unit(s) available at that property

Space
413 Western Avenue
Size
2,000 SF
Rate per SF
$18
Space
441 Western Avenue
Size
54,600 SF
Rate per SF
$14

Location Insight

City
South Portland
County
Cumberland
State
Maine
Latitude
43.642839310378
Longitude
-70.328150358999
443 Western Ave, South Portland, Maine

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443 Western Ave
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