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Ground-Floor Retail Space

201 Federal Street, Portland, ME 04101

For Lease
$25 SF/Yr

Retail space within a new apartment development with an adjacent plaza and on-site foot traffic.

Space Size2,300 SF
Property Size201,630 SF
Days on Market96

Property Features for 201 Federal Street

General Information

Standard status Active
Size 2,300 SF
Property subtype Retail
Lease Term MG

Additional Details

Space Use Retail

Amenities

plaza area
benches
water wall
plantings

Building Details

Building Size 201,630 SF
Year Built 2024

Spaces For Lease

at 201 Federal Street
Prime Retail Space $25/SF/Yr
Size 2,300 SF
Type Street Retail
Term Negotiable
Contact us
Listing Agency: The Boulos Company
Listed By: Sasha Phillips
Source: Boulos
Added: Aug 11 Changed: Nov 1 Last Checked: Nov 12 at 5:20AM

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

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Investment Insights

Based on property information with market context.

This ground-floor retail space is part of The Casco, a new 263-unit market-rate apartment development completed in 2024. The property includes access to a small plaza designed with benches, a water wall, and plantings, supporting pedestrian activity associated with the development.

Located at 201 Federal Street in Portland, the space sits between the Old Port and Financial District. Nearby destinations include the Press Hotel, City Hall, Merrill Auditorium, Monument Square, Exchange Street shopping, and a range of food and beverage establishments.

Key Highlights

  • Ground‑floor retail space within The Casco, a 263‑unit market‑rate apartment development
  • 2024 construction
  • Small plaza with benches, a water wall, and plantings

Property Analytics

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

Current Use

The Casco Apartment Building

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
$3.75 /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
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 6% below 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 within a new apartment development with an adjacent plaza and on-site foot traffic.
Where is this retail space located?
The property is located at 201 Federal Street Portland, ME.
What is the lease rate?
The lease rate is $25 SF/Yr.
What are key features of this property?
This property features: Ground‑floor retail space within The Casco, a 263‑unit market‑rate apartment development; 2024 construction; Small plaza with benches, a water wall, and plantings
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