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    121 Free St Portland, ME 04101

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    For Lease
    $14 SF/Yr ($2,405 /Mo)

    Turn-key exercise studio/yoga studio in prime retail location.

    Property size:
    2,062 SF
    Lot size:
    0.45 Acres

    Property Features for 121 Free St

    General Information

    Size
    2,062 SF
    Lot size
    0.45 Acres

    Source: Malone Commercial Brokers Agent Joseph Malone

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Retail Space on Free Street

    This 2,062 square feet retail space is a turn-key exercise or yoga studio. It is located on Free Street, offering excellent visibility and high foot traffic. The property is in close proximity to area garages, lots, and street parking. The lease rate is $15.00 per square foot on a NNN basis. The property is suitable for retail use.
    Location Intelligence

    Current Use by Public Records

    Diversified Communications Publisher Innovative Foods Expo Trucking Company Kosher Today Publisher National Fisherman Publisher EA Ignite Association Or Organization

    Suggested Use

    Realty agency Restaurant Dental Office Spa & Massage Hair Salon Law Firm Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Portland
    County
    Cumberland
    State
    Maine
    Longitude
    -70.2616609
    Latitude
    43.6548296

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    FAQs

    What type of property is this?
    Retail space - Turn-key exercise studio/yoga studio in prime retail location.
    Where is this retail space located?
    The property is located at 121 Free St Portland, ME.
    What is the lease rate?
    The lease rate is $14 SF/Yr.
    What are key features of this property?
    This property features: - Prime retail location on Free Street; - Turn-key exercise studio/yoga studio; - Excellent visibility and lots of foot traffic
    (207) 772-2422
    Request Owner's contact information
    121 Free St Portland, ME 04101
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    Portland, ME 04101
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    121 Free St Portland, ME 04101
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