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Old Port Retail Space Available

157 Middle St, Portland, ME 04101

For Lease
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Retail space in vibrant Old Port retail corridor for lease.

Space Size5,155 SF
Lot Size0.17 Acres
Days on Market2881

Property Features for 157 Middle St

General Information

Standard status Active
Size 5,155 SF
Lot size 0.17 Acres
Property subtype RETAIL

Spaces For Lease

at 157 Middle St
Prime Retail / For Lease $27.95/SF/Yr
Floor 1
Size 5,155 SF
Type RETAIL
Lease Type MODIFIED_GROSS
Availability AVAILABLE
Sublease No
GREAT VISIBILITY AND LOCATION IN THIS OLD PORT RETAIL CORRIDOR Up to 5,155+/- SF space divided into two easily accessible levels Floor to ceiling windows offer ample natural light Join Madewell, Athleta, Anthropologie, Free People and West Elm, among others in this vibrant retail corridor of the Old Port Close to several parking areas, banks, restaurants, shops, City Hall and the courthouse complex Up to 5,155+/- SF space divided into two easily accessible levels: 2,039+/- SF on the first floor and 3,116+/- SF in the lower
Contact us
Listing Agency: Malone Commercial Brokers
Listed By: Peter A. Harrington · License ME BA900499
Source: Moodyscre
Added: Dec 26, 2018 Changed: Aug 8 Last Checked: Jul 27 at 5:12AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Malone Commercial Brokers

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Investment Insights

Based on property information with market context.

Located in the Old Port retail corridor, this retail space offers great visibility. The space provides up to 5,155 square feet divided into two easily accessible levels. The first floor offers 2,039 square feet, while the lower level provides 3,116 square feet. Floor-to-ceiling windows provide ample natural light. The property is located close to several parking areas, banks, restaurants, shops, City Hall, and the courthouse complex. Join Madewell, Athleta, Anthropologie, Free People and West Elm, among others in this vibrant retail corridor of the Old Port.

Key Highlights

  • High‑visibility location in the Old Port retail corridor.
  • Up to 5,155+\/- SF of space across two easily accessible levels.
  • Located amongst national retailers.

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Maine Art Collective Art Gallery Faribault Mill Portland ... Department Store

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Auto Parts Store Locksmith Pet Grooming Service Tanning Salon Daycare Center

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
$4.19 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

6,198
Businesses Nearby
115k
Monthly Visits Nearby

Foot Traffic Nearby

Groceries 38% Hotels & Casinos 31% Shops & Services 12% Dining 10%
Whole Foods Market Groceries
44,366 visits/mo 0.5 miles
Hampton Inn Portland Downtown Waterfront Hotels & Casinos
14,714 visits/mo 0.3 miles
Circle K Shops & Services
12,170 visits/mo 0.5 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

Demographics for 04101, ME

18,109
Population
11,510
Households
1.6
Avg Household Size
36
Median Age
57%
College-Educated
93%
High-School Grad
2.0 sq mi
ZIP Area
9,055
Density / Sq Mi
$60,726
Median Household Income
$45,009
Median Earnings
$1,457
Median Rent
$600,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Portland, ME

$26.5 /SF/Yr
Avg Asking Price
$12–$45 /SF/Yr
Price Range
5,195 SF
Avg Space Size

This space is priced 5% above the average of $26.5 /SF/Yr.

Properties on Market for Retail space in Portland

Jul
Aug
Sep
Oct

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

Frequently Asked Questions

What type of property is this?
Retail space - Retail space in vibrant Old Port retail corridor for lease.
Where is this retail space located?
The property is located at 157 Middle St Portland, ME.
What is the lease rate?
The lease rate is $27.95 SF/Yr.
What are key features of this property?
This property features: High‑visibility location in the Old Port retail corridor.; Up to 5,155+\/- SF of space across two easily accessible levels.; Located amongst national retailers.
(207) 318-8888 Call to check price and availability
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