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    1422 Broadway South Portland, ME 04106

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    For Lease
    $27 SF/Yr ($3,240 /Mo)

    Freestanding building in high-traffic area with parking and yard space.

    Property size:
    1,440 SF
    Lot size:
    0.62 Acres

    Property Features for 1422 Broadway

    General Information

    Size
    1,440 SF
    Lot size
    0.62 Acres

    Source: Akers Associates, Inc. Agent Andrew Juris

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

    Overview

    Freestanding Building at Cash Corner

    Available for lease is a freestanding 1,440-square-foot building located at 1422 Broadway at Cash Corner in South Portland, Maine. Situated at the heavily traveled intersection of US Route 1 and Broadway, the property benefits from significant traffic and visibility. Historically operated as a restaurant, the building features a full kitchen with a built-in 12-foot hood system, commercial kitchen plumbing, and natural gas for heat and kitchen appliances. Additional features include a built-in walk-in cooler, two bathrooms, and high ceilings. The property is equipped with a combination of Fujitsu electric heat/AC units and gas, forced hot air ceiling-mounted heating units. The dining area offers an open floor plan. The property includes an abundance of on-site parking and yard space, presenting an opportunity for a large outside dining area.
    Insight Report Location Intelligence

    Current Use by Public Records

    Restaurants

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    South Portland
    County
    Cumberland
    State
    Maine
    Longitude
    -70.2912665
    Latitude
    43.6301432

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    FAQs

    What type of property is this?
    Restaurant - Freestanding building in high-traffic area with parking and yard space.
    Where is this restaurant located?
    The property is located at 1422 Broadway South Portland, ME.
    What is the lease rate?
    The lease rate is $27 SF/Yr.
    What are key features of this property?
    This property features: - High-traffic location at the intersection of US Route 1 and Broadway ("Cash Corner") offering exceptional visibility.; - Freestanding building with abundant on-site parking and yard space.; - Existing restaurant infrastructure including a 12’ hood system, commercial kitchen plumbing, walk-in cooler, and natural gas.
    (207) 774-8300
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    1422 Broadway 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
    1422 Broadway South Portland, ME 04106
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