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    215 Commercial St Portland, ME 04101

    For Lease
    $65 SF/Yr ($12,604 /Mo)

    Retail suite in desirable location with high foot traffic.

    Property size:
    2,327 SF
    Lot size:
    0.13 Acres

    Property Features for 215 Commercial St

    General Information

    Size
    2,327 SF
    Lot size
    0.13 Acres

    Source: Malone Commercial Brokers Agent Peter A. Harrington

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

    Overview

    Commercial Street Retail Suite

    This retail suite offers approximately 2,327 square feet of space. Situated in the highly desirable retail corridor of Commercial Street, the property benefits from high foot traffic and excellent visibility, boasting a walk score of 98, which is considered a Walker's Paradise. The suite features historic elements, including floor-to-ceiling windows, exposed brick and beam construction, and wood floors. Some parking is available.
    Location Intelligence

    Current Use by Public Records

    Hambley Clarke C Attorney the whistleblower Federal Government Office Toko Store Eclipse Media Group Public Relations Firm Stout Elizabeth F Attorney

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Portland
    County
    Cumberland
    State
    Maine
    Longitude
    -70.2538427
    Latitude
    43.6554559

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    FAQs

    What type of property is this?
    Retail space - Retail suite in desirable location with high foot traffic.
    Where is this retail space located?
    The property is located at 215 Commercial St Portland, ME.
    What is the lease rate?
    The lease rate is $65 SF/Yr.
    What are key features of this property?
    This property features: - High foot traffic and great visibility with a walk score of 98 (Walker’s Paradise); - Located in the highly desirable retail corridor of Commercial Street; - 2,327+/- SF Retail Suite
    (207) 318-8888
    Request Owner's contact information
    215 Commercial 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
    215 Commercial St Portland, ME 04101
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