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    364 Maine Mall Rd South Portland, ME 04106

    Sponsored
    For Lease
    $25 SF/Yr

    High-traffic shopping center, ample parking.

    Lot size:
    1,955 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional retail opportunity is located at 364 Maine Mall Rd, South Portland, ME 04106. The property, known as The Maine Mall, is a two-story, multi-tenant shopping center situated on a substantial 55.19-acre lot. The zoning is CCR - Central & Regional Commercial District, ensuring a wide range of permitted uses. The property features elevators for convenient access to both floors. Its convenient location in the heart of South Portland offers excellent visibility and accessibility for customers. The property's address is clearly defined as Map 74, Block B, Lot 3 in Cumberland County. This established shopping center presents a unique chance to establish or expand a retail presence in a high-demand area. The property's size and location make it ideal for a variety of retail businesses seeking a prominent position within a thriving commercial district. The multiple tenancy structure provides a diverse and vibrant shopping environment, attracting a broad customer base. This is a rare opportunity to secure retail space in a well-established and highly visible location. The property's significant lot size offers ample parking for customers and employees, enhancing the overall shopping experience.

    Property Features for 364 Maine Mall Rd

    General Information

    Property type
    Lifestyle centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    1,955 SF

    Building Details

    Stories
    2

    Unit(s) available at that property

    Space
    Retail Space
    Size
    1,955 SF
    Rate per SF
    $35

    HighLights

    • 1,955± SF retail space at The Maine Mall with exterior entrance.
    • Highly visible location, easily accessible from I‑95 and I‑295.
    • The Maine Mall: Maine's largest shopping center, featuring 118 retailers.
    Property Profile Location Intelligence

    Current Use by Public Records

    Lifestyle centers

    Suggested Use

    Realty agency Restaurant Law Firm Building Supply Auto Repair Shop Wholesale Shop Hair Salon Spa & Massage Dental Office Auto Parts Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    South Portland
    County
    Cumberland
    State
    Maine
    Longitude
    -70.33569932013
    Latitude
    43.634952728442

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    FAQs

    What type of property is this?
    Lifestyle center - High-traffic shopping center, ample parking.
    Where is this lifestyle center located?
    The property is located at 364 Maine Mall Rd South Portland, ME.
    What is the lease rate?
    The lease rate is $35 SF/Yr.
    What are key features of this property?
    This property features: 1,955± SF retail space at The Maine Mall with exterior entrance.; Highly visible location, easily accessible from I-95 and I-295.; The Maine Mall: Maine's largest shopping center, featuring 118 retailers.
    Request Owner's contact information
    364 Maine Mall Rd South Portland, ME 04106
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    South Portland, ME 04106
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    364 Maine Mall Rd South Portland, ME 04106
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