Listing Agency: The Boulos Company j***@boulos.com Show Phone

Listed By: Joseph Italiaander · License #BA923466 Show Phone

Source: Moodyscre

Added: Nov 23, 2025 Changed: Jul 6 Last Checked: Jul 21 at 6:58AM

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Investment Insights

Based on property information with market context.

Available for rent is a retail space offering between 1,800 and 2,835 square feet on the first floor, complemented by a full basement. The property is situated immediately off Monument Square, placing it within Portland’s Arts and Financial District. Its location is directly across from the new headquarters of Maine Public Broadcasting. The property is adjacent to established restaurants, including Dutch’s Portland and ZA pizza. Furthermore, the property at 465 Congress Street, diagonally across the street, is slated for a new 92-room bank-themed boutique hotel, indicating upcoming development in the immediate vicinity.

Key Highlights

• Prime location immediately off Monument Square in Portland's Arts and Financial District.
• Retail space with flexible sizing: 1,800± - 2,835± SF plus a full basement.
• Directly across from Maine Public Broadcasting's new headquarters.

Property Analytics

Property Profile

Current Use

Retail space

Suggested Use

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

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

6,466

Businesses Nearby

179k

Monthly Visits Nearby

Explore this area Business Placement

Foot Traffic Nearby

Groceries 63% Shops & Services 16% Dining 9% Apparel 7%

Trader Joe's Groceries

68,293 visits/mo 0.3 miles

Whole Foods Market Groceries

44,366 visits/mo 0.5 miles

Chipotle Mexican Grill Dining

11,557 visits/mo 0.3 miles

Reny's Apparel

10,314 visits/mo 0.1 miles

7-Eleven Shops & Services

10,061 visits/mo 0.4 miles

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

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Frequently Asked Questions

What type of property is this?

Retail space - First floor retail space with full basement in Portland.

Where is this retail space located?

The property is located at 24 Preble Street Portland, ME.

What are key features of this property?

This property features: Prime location immediately off Monument Square in Portland's Arts and Financial District.; Retail space with flexible sizing: **1,800± - 2,835± SF plus a full basement.**; Directly across from Maine Public Broadcasting's new headquarters.