201 Federal StPortland, ME 04101
- Other commercial real estate
- 201,630 SF
Property Details for 201 Federal St
- Year built
- 2023
- Lot size
- 0.45 AC
- Property size (Sq ft)
- 201,630 SF
- Property type
- Other commercial real estate
- APN
- PTLD M:032 B:G002001
- APU
- PTLDM032BG002001
Description
This exceptional retail space, located at 201 Federal Street in Portland, Maine, offers a unique opportunity for businesses seeking high visibility and foot traffic. Situated on the ground floor of a brand-new, 18-story, 263-unit luxury apartment building (completed in 2023), this Class A property boasts a single-tenant occupancy and ranges from 527 to 2,300 square feet. The total building size is an impressive 201,630 square feet. The space benefits from excellent exposure to residents and visitors alike, thanks to its placement within a thoughtfully designed plaza featuring benches, a water wall, and landscaping. Its strategic location between the Old Port and the Financial District places it in the heart of Portland's vibrant urban core, surrounded by a wealth of amenities. Nearby attractions include the Press Hotel, City Hall, Merrill Auditorium, Monument Square, Exchange Street shopping, and a diverse selection of restaurants and cafes. The property is zoned B3 - Downtown Business, ensuring flexibility for a variety of retail uses. This is a rare opportunity to establish a presence in one of Portland's most desirable and high-traffic locations within a newly constructed building. The APN is 032/002/001. Contact us today to learn more about this exceptional retail space.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
Alternative Use
- Use
- Valuation
- Residential
- $38,156,284
- Hospitality
- $34,950,948
- Educational
- $29,078,780
- Medical
- $30,078,844
- Retail
- $45,233,656
Location Insight
- City
- Portland
- County
- Cumberland
- State
- Maine
- Latitude
- 43.6583
- Longitude
- -70.257
- CBSA code
- 38860
- CBSA name
- PORTLAND-SOUTH PORTLAND-BIDDEFORD, ME METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
- How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
- Please email our support team at [email protected] and they will add the team member.
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- 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 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.
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