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Retail Space in Old Port
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383 Commercial St, Portland, ME

New construction retail space in Portland's Waterfront area.

Space Size891 SF - 1,922 SF
Lot Size2.41 Acres
Days on Market2583

Property Features for 383 Commercial St

General Information

Standard status Active
Size 891 SF - 1,922 SF
Lot size 2.41 Acres
Property subtype RETAIL

Spaces For Lease

at 383 Commercial St Contact us

Old Port Office Space For Sale or Lease $28/SF/Yr

Floor
1
Size
891 SF
Type
MULTIFAMILY
Lease Type
NNN
Availability
AVAILABLE
NEW CONSTRUCTION IN THE OLD PORT - 336± SF EXISTING WITH PERMITS IN PLACE FOR ADDITIONAL...
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Old Port Retail Space For Lease $28/SF/Yr

Floor
1st
Size
1,922 SF
Type
RETAIL
Lease Type
NNN
Availability
AVAILABLE
Sublease
No
NEW CONSTRUCTION IN THE OLD PORT • 1,922± SF first floor retail space available •...
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Listing Agency: Malone Commercial Brokers
Listed By: Jennifer Small
Source: Moodyscre
Added: Jul 18, 2019 Changed: Aug 8 Last Checked: May 19 at 9:21PM

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 Malone Commercial Brokers

Investment Insights

Based on property information with market context.

This property offers new construction retail space in the Old Port area, with available spaces ranging from 1,457 to 3,379 square feet on the first floor. The location provides excellent visibility on Portland’s Waterfront, benefiting from traffic counts of approximately 14,730 cars per day. The area has a walk score of 92, indicating it is highly walkable. The property is surrounded by hotels, retail establishments, offices, restaurants, and residential condos.

Key Highlights

  • New construction retail space in the Old Port.
  • Excellent visibility on Portland's Waterfront.
  • High walk score of 92.

Property Analytics

Current Use

Hobson's landing Condominium Complex ChargePoint Charging Station Electric Vehicle Charging Station Maine Dentistry Dental Office

Suggested Use

Top Pick Locksmith Auto Parts Store Butcher Tanning Salon (Bike/Boat/Book/etc) Store 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
$4.20 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

5,563
Businesses Nearby
49k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 48% Apparel 21% Dining 16% Hotels & Casinos 12%
Circle K Shops & Services
12,170 visits/mo 0.1 miles
Reny's Apparel
10,314 visits/mo 0.2 miles
7-Eleven Shops & Services
10,061 visits/mo 0.5 miles
Luke's Lobster Dining
6,958 visits/mo 0.5 miles
Courtyard by Marriott Portland Downtown/Waterfront Hotels & Casinos
5,673 visits/mo 0.1 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 - New construction retail space in Portland's Waterfront area.
Where is this retail space located?
The property is located at 383 Commercial St Portland, ME.
What is the lease rate?
The lease rate is $28 SF/Yr.
What are key features of this property?
This property features: New construction retail space in the Old Port.; Excellent visibility on Portland's Waterfront.; High walk score of 92.
(207) 772-2422 Call to check price and availability
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