Spaces For Lease

at 215 Commercial St Contact us

Old Port Retail / For Lease $65/SF/Yr

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Listing Agency: Malone Commercial Brokers p***@malonecb.com Show Phone

Listed By: Peter A. Harrington · License #BA900499 Show Phone

Source: Moodyscre

Added: Feb 3, 2023 Changed: Jul 10 Last Checked: Jul 21 at 4:21AM

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Investment Insights

Based on property information with market context.

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.

Key Highlights

• 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

Property Analytics

Property Profile

Current Use

Hambley Clarke C Law Firm the whistleblower Federal Government Office Toko Department Store Eclipse Media Group Marketing & Advertising Stout Elizabeth F Law Firm

Suggested Use

Top Pick Auto Parts Store Dental Office (Bike/Boat/Book/etc) Store Locksmith Daycare Center HVAC Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)

Lease Type

$9.75 /SF/Yr

CAM

Location Intelligence

Trade Area within ½ mile

6,012

Businesses Nearby

61k

Monthly Visits Nearby

Explore this area Business Placement

Foot Traffic Nearby

Hotels & Casinos 45% Shops & Services 22% Apparel 17% Dining 16%

Hampton Inn Portland Downtown Waterfront Hotels & Casinos

14,714 visits/mo 0.4 miles

Circle K Shops & Services

12,170 visits/mo 0.3 miles

Reny's Apparel

10,314 visits/mo 0.3 miles

Hilton Garden Inn Portland Downtown Waterfront Hotels & Casinos

7,212 visits/mo 0.3 miles

Luke's Lobster Dining

6,958 visits/mo 0.3 miles

Market

Vacancy Rate% for Retail in Northeast region

6% 2019

7.1% 2020

6.5% 2021

6% 2022

5.7% 2023

5.6% 2024

6% 2025

Questions? Ask Rey

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Frequently Asked Questions

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