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    405-443 Western Ave South Portland, ME 04106

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    For Lease
    $10 SF/Yr

    46,000± SF in-line retail space near Maine Mall.

    Property size:
    46,000 SF
    Lot size:
    10.10 Acres

    Property Features for 405-443 Western Ave

    General Information

    Size
    46,000 SF
    Lot size
    10.10 Acres

    Source: Malone Commercial Brokers Agent Mark Malone

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

    Overview

    Retail Space in Maine Mall

    This in-line retail space offers approximately 46,000 square feet, and is subdividable to approximately 6,000 square feet. It is situated in a location near the Maine Mall, with proximity to I-95/Maine Turnpike and I-295. The location benefits from traffic counts of approximately 28,390 cars per day based on 2022 AADT data. Current tenants include Staples, Appliance Warehouse, The UPS Store, Hearing Life, RaveX, AAA, and Aroma Joe’s.
    Location Intelligence

    Current Use by Public Records

    Strip malls

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    South Portland
    County
    Cumberland
    State
    Maine
    Longitude
    -70.3280402
    Latitude
    43.6422959

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    FAQs

    What type of property is this?
    Strip mall - 46,000± SF in-line retail space near Maine Mall.
    Where is this strip mall located?
    The property is located at 405-443 Western Ave South Portland, ME.
    What is the lease rate?
    The lease rate is $10 SF/Yr.
    What are key features of this property?
    This property features: - 46,000± SF in-line retail space.; - Great location in the Maine Mall area.; - Close proximity to I95/Maine Turnpike and I-295.
    (207) 772-2422
    Request Owner's contact information
    405-443 Western Ave South Portland, ME 04106
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    South Portland, ME 04106
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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
    405-443 Western Ave South Portland, ME 04106
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