For Sale
$3,795,000

375 Riverside St Portland, ME 04103

High-traffic retail space, flexible layouts.

Overview

Added:
Dec 11, 2024
Days on market:
136
This exceptional Portland, Maine retail property, located at 375 Riverside Street, offers a unique investment and/or owner-user opportunity. Situated on a 2.797-acre lot with approximately 300 feet of road frontage on a high-traffic corridor (18,300 AADT in 2019), this property boasts unparalleled visibility and accessibility, just one mile from I-95 Exit 48 and the Rock Row Development. The building, constructed in 1989 and renovated in 1995, features flexible layouts ranging from 3,050 to 26,285 square feet, suitable for a variety of retail uses, including storefront, shopping center, or auto shop configurations. The property is zoned B4 and offers a Net Net Net (NNN) lease type. The asking price is $3,795,000. This location benefits from its proximity to established businesses such as Home Depot, Berlin City Toyota, Empeople Credit Union, REI, and Chick-fil-A, making it an ideal location for businesses seeking high visibility and strong community presence in a rapidly growing area of Greater Portland. The property's high "lease-ability" enhances its value and potential for repurposing, making it attractive to both owner-users and investors. The APN is 05170_317 B005.

Highlights

  • Exceptional Portland, ME retail property at 375 Riverside Street, offering investment and owner-user opportunities.
  • 2.79-acre lot with ~300' of high-traffic road frontage (18,300 AADT in 2019), one mile from I-95 Exit 48 and Rock Row Development.
  • 1989 construction, renovated in 1995, offering flexible layouts from 3,050 to 26,285 square feet, suitable for various retail uses.
  • B4 zoning, NNN lease, $3,795,000 asking price.
  • Strong location near Home Depot, Berlin City Toyota, and other major retailers. APN: 05170_317 B005.

Property Details for 375 Riverside St

Property type
Lifestyle centers, Power centers
Square Feet
3,050 SF
Year Built/Renovated
1989/1995
Lot Size (sq. ft)
121,837 SF

Location Insight

City
Portland
County
Cumberland
State
Maine
Latitude
43.68888883
Longitude
-70.32735422

FAQs

What type of property is this?
Lifestyle center - High-traffic retail space, flexible layouts.
Where is the lifestyle center located?
The property is located at 375 Riverside St Portland, ME.
What is the asking price?
The asking price for this property is $3,795,000.
What are key features of this property?
This property features: Exceptional Portland, ME retail property at 375 Riverside Street, offering investment and owner-user opportunities.; 2.79-acre lot with ~300' of high-traffic road frontage (18,300 AADT in 2019), one mile from I-95 Exit 48 and Rock Row Development.; 1989 construction, renovated in 1995, offering flexible layouts from 3,050 to 26,285 square feet, suitable for various retail uses.
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375 Riverside St
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