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Multi-Tenant Shopping Center
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Pending

225 Waterman Dr, South Portland, ME 04106

MCC-zoned retail property with a multi-tenant configuration and established physical improvements.

Property Size4,040 SF
Days on Market811

Property Features for 225 Waterman Dr

General Information

Standard status Pending
Size 4,040 SF
Total Parking Spaces 20
Property subtype Retail
Zoning MCC - Mill Creek Core District
Occupancy 100%

Building Details

Year Built 1986
Year Renovated 2019
Tenancy Multi
Listing Agency: The Boulos Company Portland
Listed By: John Finegan · License #ME
Source: Crexi
Added: Jun 12, 2024 Changed: Aug 29 Last Checked: Aug 29 at 8:56PM

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 multi-tenant shopping center contains 4,040 square feet of retail property and was constructed in 1986. The asset is identified within the MCC - Mill Creek Core District zoning designation, supporting its commercial retail profile.

Located at 225 Waterman Dr in South Portland, Maine, the property offers an established retail configuration for ownership or occupancy considerations. Its multi-tenant format and existing building improvements provide the core physical characteristics of this commercial property.

Key Highlights

  • 4,040‑square‑foot multi‑tenant shopping center
  • MCC - Mill Creek Core District zoning
  • Built in 1986

Property Analytics

Current Use

Shopping centers

Suggested Use

Top Pick Dental Office Building Supply Auto Repair Shop Real Estate Agency Big Box & Wholesale Store Auto Parts 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.

Location Intelligence

Trade Area within ½ mile

705
Businesses Nearby
147k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Groceries 34% Dining 30% Shops & Services 27% Apparel 6%
Hannaford Groceries
30,094 visits/mo 0.3 miles
McDonald's Dining
19,502 visits/mo 0.2 miles
Shaw's Supermarket Groceries
19,360 visits/mo 0.1 miles
Dunkin' Donuts Dining
12,680 visits/mo 0.1 miles
Starbucks Dining
11,610 visits/mo 0.0 miles

Demographics for 04106, ME

26,641
Population
12,849
Households
2.1
Avg Household Size
41
Median Age
49%
College-Educated
95%
High-School Grad
12.2 sq mi
ZIP Area
2,184
Density / Sq Mi
$83,744
Median Household Income
$47,818
Median Earnings
$1,642
Median Rent
$403,500
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?
Shopping center - MCC-zoned retail property with a multi-tenant configuration and established physical improvements.
Where is this shopping center located?
The property is located at 225 Waterman Dr South Portland, ME.
What are key features of this property?
This property features: 4,040‑square‑foot multi‑tenant shopping center; MCC - Mill Creek Core District zoning; Built in 1986
(207) 553-1734 Call to check price and availability
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