For Sale
$650,000

383 Commercial St Portland, ME 04101

Portland Waterfront Storefront - $650,000

Overview

Added:
Dec 11, 2024
Days on market:
138
This exceptional Class A retail storefront, located at 383 Commercial Street, Suite D in Portland, Maine, presents a unique investment opportunity. Boasting 1,388 square feet of newly constructed space, this property is situated on a 2.9-acre lot within the vibrant Old Port district. Currently owned by Deering Property Development LLC, this unit offers unparalleled visibility on Portland's waterfront, benefiting from high daily traffic counts averaging approximately 14,730 cars. The B5b zoning permits a variety of retail uses, making it ideal for a wide range of businesses. The property's prime location within a thriving area ensures high foot traffic, with a Walk Score of 92, reflecting its pedestrian-friendly environment. Surrounded by a mix of hotels, retail establishments, office spaces, restaurants, and residential condos, this storefront benefits from a dense concentration of potential customers and a vibrant community atmosphere. The asking price is $650,000. This is a rare chance to acquire a high-quality, newly constructed retail space in one of Portland's most desirable locations. Don't miss this opportunity to establish your business in the heart of the Old Port. The property is zoned B5b and is a first-floor unit.

Highlights

  • 1,388± SF new construction ground floor unit, currently owned by the developer.
  • High-visibility Portland waterfront location with 14,730± daily vehicle counts.
  • Walk Score of 92; highly walkable location.
  • Prime location surrounded by hotels, retail, restaurants, offices, and residential condos.

Property Details for 383 Commercial St

Property type
Retail properties, Retail space
Square Feet
1,388 SF
Class
A
Lot Size (sq. ft)
126,324 SF

Location Insight

City
Portland
County
Cumberland
State
Maine
Latitude
43.6510339
Longitude
-70.2573809

FAQs

What type of property is this?
Retail property - Portland Waterfront Storefront - $650,000
Where is the retail property located?
The property is located at 383 Commercial St Portland, ME.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: 1,388± SF new construction ground floor unit, currently owned by the developer.; High-visibility Portland waterfront location with 14,730± daily vehicle counts.; Walk Score of 92; highly walkable location.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
383 Commercial St
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message