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Downtown Street-Level Retail Suite
New
For Lease
$35 SF/Yr

18 Free St, Portland, ME 04101

Street-level space in Portland’s Arts District offers strong pedestrian access near the Old Port and Central Business District.

Space Size3,568 SF
Property Size38,532 SF
Days on Market2

Property Features for 18 Free St

General Information

Standard status Active
Size 3,568 SF
Net Rentable 1,960 SF
Property subtype Retail
Lease Term MG

Space & Availability

Available Space 1,960-3,568 SF
Contiguous Space 3,568 SF
Floor Ground
Space Use Retail

Building Details

Building Size 38,532 SF
Year Built 1900

Spaces For Lease

at 18 Free St Contact us

18 Free Street, Suite 1 $35/SF/Yr

Size
3,568 SF
Type
Street Retail
Term
Negotiable
Contact us
Listing Agency: The Boulos Company Portland
Listed By: Derek Miller · License #918125
Source: Boulos
Added: Sep 4 Last Checked: Sep 4 at 2:41PM

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 The Boulos Company Portland

Investment Insights

Based on property information with market context.

This 1,960± SF street-level retail suite is located at 18 Free St in Downtown Portland’s Arts District. The property occupies a visible position within a block featuring retail, restaurant, and service-oriented businesses, with the building dating to 1900.

The suite has a Walk Score of 99 and provides immediate access to Portland’s Old Port and Central Business District. An adjacent 1,608± SF suite at 20 Free Street is also available for combination, creating up to 3,568± SF of contiguous street-level retail space.

Key Highlights

  • 1,960± SF street‑level retail suite
  • Located in Downtown Portland’s Arts District
  • Walk Score of 99

Property Analytics

Current Use

Joe Wigon Office ... (Bike/Boat/Book/etc) Store

Suggested Use

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

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
$5.25 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

6,425
Businesses Nearby
210k
Monthly Visits Nearby

Foot Traffic Nearby

Groceries 54% Hotels & Casinos 13% Shops & Services 13% Dining 12%
Trader Joe's Groceries
68,293 visits/mo 0.4 miles
Whole Foods Market Groceries
44,366 visits/mo 0.4 miles
Hampton Inn Portland Downtown Waterfront Hotels & Casinos
14,714 visits/mo 0.4 miles
Circle K Shops & Services
12,170 visits/mo 0.5 miles
Chipotle Mexican Grill Dining
11,557 visits/mo 0.5 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

Market

Lease Benchmarks for Portland, ME

$17.38 /SF/Yr
Avg Asking Price
$7.5–$25 /SF/Yr
Price Range
3,391 SF
Avg Space Size

This space is priced 101% above the average of $17.38 /SF/Yr.

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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Street-level space in Portland’s Arts District offers strong pedestrian access near the Old Port and Central Business District.
Where is this retail space located?
The property is located at 18 Free St Portland, ME.
What is the lease rate?
The lease rate is $35 SF/Yr.
What are key features of this property?
This property features: 1,960± SF street‑level retail suite; Located in Downtown Portland’s Arts District; Walk Score of 99
More about this property
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