375 Riverside StPortland, ME 04103

  • Retail space
  • 26,285 SF
For Sale
$3,795,000 View listing

Property Details for 375 Riverside St

Year built
1989
Lot size
2.80 AC
Property size (Sq ft)
26,285 SF
Property type
Retail space
APN
PTLD M:317 B:B005001
APU
PTLDM317BB005001

Description

This exceptional 26,285 square foot mixed-use retail property in Portland, Maine, offers 26,305 square feet of vacant space divisible from 3,050 to 11,950 contiguous square feet. Located on 2.797 acres with ample on-site parking, it benefits from high visibility on Riverside Street, boasting approximately 300 feet of road frontage and a 2019 AADT of 18,300. Built in 1989 and renovated in 1995, the property is zoned B4 and situated just one mile from I-95 Exit 48 and the Rock Row Development, placing it near strong national and local brands including Home Depot, Chick-fil-A, and REI. The flexible layout caters to a variety of retail users, making it an attractive investment opportunity with high lease-ability potential. This prime location offers unparalleled access and visibility in a rapidly growing area of Greater Portland, presenting a unique chance to establish or expand a business within a thriving commercial environment. The property's size and location make it ideal for a variety of retail concepts, offering significant potential for growth and return on investment. The ample parking ensures convenient access for customers and employees. The B4 zoning provides flexibility for various business types.

Location Insight

City
Portland
County
Cumberland
State
Maine
Latitude
43.6886
Longitude
-70.3265
CBSA code
38860
CBSA name
PORTLAND-SOUTH PORTLAND-BIDDEFORD, ME METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$46,138
$463,100
$2,738,700
$3,201,800
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