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Retail Space in Old Port
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431 Fore St, Portland, ME 04101

Retail space in the heart of Portland's Old Port.

Space Size930 SF
Lot Size1.18 Acres
Days on Market736

Property Features for 431 Fore St

General Information

Standard status Active
Size 930 SF
Lot size 1.18 Acres
Property subtype RETAIL

Spaces For Lease

at 431 Fore St
Retail Space / For Lease $60/SF/Yr
Floor 1
Size 930 SF
Type RETAIL
Lease Type GROSS
Availability AVAILABLE
Located in the Hyatt Place Portland - Old Port Square, this 930± SF retail space features front floor to ceiling windows and is in the heart of the Old Port.
Contact us
Listing Agency: Malone Commercial Brokers
Listed By: Peter A. Harrington · License #BA900499
Source: Moodyscre
Added: Oct 1, 2024 Changed: Aug 8 Last Checked: Jul 27 at 7:57AM

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 930± square foot retail space is located in the Hyatt Place Portland - Old Port Square. The space features front floor-to-ceiling windows and is situated in the heart of the Old Port neighborhood.

Key Highlights

  • Located in the heart of the Old Port
  • Retail space perfect for your business
  • Located in the Hyatt Place Portland - Old Port Square

Property Analytics

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Current Use

Retail space

Suggested Use

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

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
$9.00 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

6,012
Businesses Nearby
61k
Monthly Visits Nearby

Foot Traffic Nearby

Hotels & Casinos 45% Shops & Services 22% Apparel 17% Dining 16%
Hampton Inn Portland Downtown Waterfront Hotels & Casinos
14,714 visits/mo 0.4 miles
Circle K Shops & Services
12,170 visits/mo 0.3 miles
Reny's Apparel
10,314 visits/mo 0.3 miles
Hilton Garden Inn Portland Downtown Waterfront Hotels & Casinos
7,212 visits/mo 0.3 miles
Luke's Lobster Dining
6,958 visits/mo 0.3 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

$25.51 /SF/Yr
Avg Asking Price
$12–$38 /SF/Yr
Price Range
5,435 SF
Avg Space Size

This space is priced 135% above the average of $25.51 /SF/Yr.

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 - Retail space in the heart of Portland's Old Port.
Where is this retail space located?
The property is located at 431 Fore St Portland, ME.
What is the lease rate?
The lease rate is $60 SF/Yr.
What are key features of this property?
This property features: Located in the heart of the Old Port; Retail space perfect for your business; Located in the Hyatt Place Portland - Old Port Square
(207) 318-8888 Call to check price and availability
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