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    13-15 Exchange St Portland, ME 04101

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    For Sale
    $200,000

    Restaurant space in high-traffic Portland location with solid lease.

    Lot size:
    0.11 Acres

    Property Features for 13-15 Exchange St

    General Information

    Lot size
    0.11 Acres

    Source: CORE Agent Josh Soley, SIOR, CCIM

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

    Overview

    Prime Portland Restaurant Space

    This dominant pizza restaurant space is positioned in the heart of Portland, prominently situated on Exchange Street, the primary retail and tourist venue in Maine. The leased space awaits operational improvements. The property features excellent frontage on Exchange Street with over 26,190 pedestrians per day. Features include a bar, pizza oven, natural gas, and on-site seating. This location is in one of Maine’s busiest areas.
    Location Intelligence

    Current Use by Public Records

    Conventional restaurants

    Suggested Use

    Realty agency Dental Office Spa & Massage Restaurant Hair Salon Nail Salon Building Supply Daycare Center Auto Repair Shop Skin Care Clinic

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

    Similar Places Nearby

    Black Betty's Bistro, LLC, marshmallow cart, Soul Food Paradise, Oga Suya, Black Tie Catering & Events

    Location Insight

    • Map
    • Local Demand
    City
    Portland
    County
    Cumberland
    State
    Maine
    Longitude
    -70.2534679
    Latitude
    43.6568151

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    FAQs

    What type of property is this?
    Restaurant - Restaurant space in high-traffic Portland location with solid lease.
    Where is this restaurant located?
    The property is located at 13-15 Exchange St Portland, ME.
    What is the asking price?
    The asking price for this property is $200,000.
    What are key features of this property?
    This property features: - Prime location on Exchange St, the primary retail and tourist venue in Maine.; - High pedestrian traffic: over 26,190 pedestrians/day.; - Existing pizza restaurant space with a solid lease.
    (207) 210-5677
    Request Owner's contact information
    13-15 Exchange 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
    13-15 Exchange St Portland, ME 04101
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