Free-Standing Retail/Service
For Sale
Contact for pricing
684 Main St, South Portland, ME 04106
Free-standing retail/service building on a 0.29-acre lot with 1,936 SF open plan and US Route One frontage.
Property Size1,936 SF
Lot Size0.29 Acres
Price / SF$335.74
Days on Market66
Property Features for 684 Main St
General Information
Standard status
Active
Size
1,936 SF
Lot size
0.29 Acres
Property subtype
RETAIL
Building Details
Buildings
1
Listing Agency:
Malone Commercial Brokers
(207) 318-8888
Listed By:
Peter A. Harrington · License #BA900499
(207) 318-8888
Source:
Moodyscre
Added: Jun 1
Changed: Jul 30
Last Checked: Aug 5 at 12:35PM
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.
Free-standing retail/service building with an approximately 1,936 SF open floor plan and cathedral ceilings. Plans are available for an additional approximately 800 SF, supporting expansion of the existing footprint.
The property sits on a 0.29-acre lot with ample on-site parking. It also has approximately 133 feet of road frontage along busy US Route One, offering signage potential for retail and service uses.
This building is positioned for development concepts that benefit from an open interior configuration, convenient parking, and strong road visibility.
The property sits on a 0.29-acre lot with ample on-site parking. It also has approximately 133 feet of road frontage along busy US Route One, offering signage potential for retail and service uses.
This building is positioned for development concepts that benefit from an open interior configuration, convenient parking, and strong road visibility.
Key Highlights
- Approximately 1,936 SF open floor plan with cathedral ceilings
- Plans available for an approximately 800 SF addition
- 0.29‑acre lot with ample on‑site parking
Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $34.8k | $18.00 |
| − Vacancy | −$5.9k | −$3.06 |
| EGI | $28.9k | $14.94 |
| − OpEx | −$8.7k | −$4.48 |
| NOI | $20.2k | $10.46 |
1,936 SF · lease $18.00/SF/yr · vacancy 17.00% · expense 30.00%
Alternative Uses
Best Use
Retail
$289.2K
$253.1K – $337.5K
NOI $20,247 @ 7.0% cap · market cap 3.11%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$532.1K
$465.6K – $620.8K
NOI $37,248 @ 7.0% cap · market cap 5.73%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
352
Businesses Nearby
36k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 66%
Hotels & Casinos 17%
Shops & Services 16%
Aroma Joe's
Dining
14,411 visits/mo
0.2 miles
Dunkin' Donuts
Dining
9,180 visits/mo
0.4 miles
Mobil
Shops & Services
5,056 visits/mo
0.1 miles
Best Western Merry Manor Inn
Hotels & Casinos
3,402 visits/mo
0.1 miles
Howard Johnson by Wyndham South Portland
Hotels & Casinos
1,637 visits/mo
0.2 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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Free-standing retail/service building on a 0.29-acre lot with 1,936 SF open plan and US Route One frontage.
Where is this retail space located?
The property is located at 684 Main St South Portland, ME.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: Approximately 1,936 SF open floor plan with cathedral ceilings; Plans available for an approximately 800 SF addition; 0.29‑acre lot with ample on‑site parking
