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    360 Cumberland Ave Portland, ME 04101

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    For Sale
    $2,000,000

    Retail parcel with 5305 SF lot and 6800 SF building.

    Property size:
    6,800 SF
    Lot size:
    0.11 Acres

    Property Features for 360 Cumberland Ave

    General Information

    Size
    6,800 SF
    Lot size
    0.11 Acres

    Source: CORE Agent Josh Soley, SIOR, CCIM

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

    Overview

    Retail Parcel For Sale

    This retail property features a 6,800 square foot building situated on a 5,305 square foot parcel. The property's net operating income (NOI) is $160,127.83. Additional financial details are available from the broker, and further information can be found in the Offering Memorandum. The property is located at 360 Cumberland Ave, Portland, ME.
    Insight Report Location Intelligence

    Current Use by Public Records

    Pizzaiolo Pizza Restaurant

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Portland
    County
    Cumberland
    State
    Maine
    Longitude
    -70.2620945
    Latitude
    43.657472

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    FAQs

    What type of property is this?
    Retail space - Retail parcel with 5305 SF lot and 6800 SF building.
    Where is this retail space located?
    The property is located at 360 Cumberland Ave Portland, ME.
    What is the asking price?
    The asking price for this property is $2,000,000.
    What are key features of this property?
    This property features: - NOI is $160,127.83; - 5305 SF Parcel; - See broker for financials
    (207) 210-5677
    Request Owner's contact information
    360 Cumberland Ave Portland, ME 04101
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    360 Cumberland Ave
    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
    360 Cumberland Ave Portland, ME 04101
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