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    60 Ocean St South Portland, ME

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    For Lease
    $11 SF/Yr ($5,995 /Mo)

    Impeccable 6006 SF restaurant space available for immediate occupancy.

    Property size:
    6,006 SF
    Lot size:
    0.11 Acres

    Property Features for 60 Ocean St

    General Information

    Size
    6,006 SF
    Lot size
    0.11 Acres

    Source: F.O. Bailey Real Estate Agent Thomas Gadbois

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

    Overview

    Turn-Key Restaurant in Knightville

    This is a 6006 square foot turn-key restaurant space available for immediate occupancy in the Knightville area of South Portland, Maine. The space was formerly leased to Taco Trio. This property is suitable for restaurant or retail use.
    Location Intelligence

    Current Use by Public Records

    Turn key restaurants

    Suggested Use

    Realty agency Law Firm Restaurant Dental Office Spa & Massage Hair Salon Nail Salon Clothing Store Building Supply Daycare Center

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

    Location Insight

    • Map
    • Local Demand
    City
    South Portland
    County
    Cumberland
    State
    Maine
    Longitude
    -70.2408811
    Latitude
    43.6414716

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    FAQs

    What type of property is this?
    Turn key restaurant - Impeccable 6006 SF restaurant space available for immediate occupancy.
    Where is this turn key restaurant located?
    The property is located at 60 Ocean St South Portland, ME.
    What is the lease rate?
    The lease rate is $11 SF/Yr.
    What are key features of this property?
    This property features: - 6006 +/- SF Turn-Key Restaurant ready for your new business.; - Available Immediately, so you can start serving customers right away.; - Located in the Hottest Area of South Portland.
    (207) 409-8339
    Request Owner's contact information
    60 Ocean St South Portland, ME
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    South Portland, ME
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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
    60 Ocean St South Portland, ME
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