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Retail Suites in Old Port
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20 Free St, Portland, ME 04101

Two retail suites available in Portland's Old Port.

Space Size1,434 SF - 1,608 SF
Property Size38,532 SF
Days on Market158

Property Features for 20 Free St

General Information

Standard status Active
Size 1,434 SF - 1,608 SF
Class B
Property subtype Retail
Lease Type Modified Gross

Building Details

Building Size 38,532 SF
Tenancy Multiple

Spaces For Lease

at 20 Free St Contact us

20 Free Street

Size
1,608 SF
Type
Retail
Lease Type
Modified Gross
Availability
Active
Contact us

98 Cross Street

Size
1,434 SF
Type
Retail
Lease Type
Modified Gross
Availability
Active
Contact us
Listing Agency: The Boulos Company Portland
Listed By: Derek Miller · License #ME 918125
Source: Crexi
Added: Mar 11 Changed: Aug 13 Last Checked: Aug 15 at 6:38AM

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.

Two retail suites are available, totaling up to approximately 3,042 square feet. The suites include a 1,608 square foot street-level space at 20 Free Street and a 1,434 square foot lower-level space at 98 Cross Street. These suites can be leased individually or combined to create a two-level retail presence. The property is situated in the heart of Portland’s Old Port, an area characterized by a mix of retail, restaurant, and service-oriented businesses. The location is highly visible and walkable, with a Walk Score of 99, and is just steps from Portland’s central business district. The 98 Cross Street suite is suitable for storage, studio, or back-of-house functions. Nearby retailers include Sur Lie, Angela Adams, El Rayo, BARE Waxing, Cliff’s Barbershop, and Masacoma Bank.

Key Highlights

  • Prime Old Port location with high visibility and foot traffic (Walk Score of 99).
  • Flexible space options: Lease individually or combine street‑level and lower‑level suites.
  • Total of 3,042± SF available, suitable for various retail needs.

Property Analytics

Current Use

Jibe Cycling Portland Gym & Fitness Center

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
$2.25 /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

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
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Frequently Asked Questions

What type of property is this?
Retail space - Two retail suites available in Portland's Old Port.
Where is this retail space located?
The property is located at 20 Free St Portland, ME.
What is the lease rate?
The lease rate is $15 SF/Yr.
What are key features of this property?
This property features: Prime Old Port location with **high visibility and foot traffic** (Walk Score of 99).; Flexible space options: Lease individually or combine street‑level and lower‑level suites.; Total of 3,042± SF available, suitable for various retail needs.
(207) 772-1333 Call to check price and availability
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