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    252 St John St Portland, ME 04102

    For Lease
    $17 SF/Yr

    Prime Retail/Office Space, I-295 Access

    Lot size:
    106,846 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    Union Station Plaza offers a fantastic opportunity to lease 2,714 square feet of newly renovated retail or office space. This single-story building, part of a larger 106,846 square foot retail plaza, is ideally situated in Cumberland County's B2 Business District, just off Interstate 295, ensuring high visibility and convenient access. The property boasts ample on-site parking for tenants and customers, a significant advantage in this busy commercial area. The space itself features a recently completed fit-out, ready for immediate occupancy. A rear loading dock provides efficient and convenient access for deliveries and inventory management. The entire plaza sits on a substantial 6.41-acre lot (APN: Map 64, Block B, Lot 1), offering plenty of room for maneuvering and potential future expansion. This versatile space is perfect for a variety of businesses seeking a well-located, modern, and functional space in a thriving commercial environment. The property's multiple tenancy structure ensures a vibrant and active atmosphere. This is a rare opportunity to secure a prime location in a highly sought-after area. Contact us today to schedule a viewing.

    Property Features for 252 St John St

    General Information

    Property type
    Shopping centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    106,846 SF
    Total Rate
    151365.17

    Building Details

    Stories
    1

    Unit(s) available at that property

    Space
    252 St John St
    Size
    2,714 SF
    Rate per SF
    $17

    HighLights

    • 2,714± SF retail/office space available in Union Station Plaza.
    • Newly renovated space with ample on‑site parking.
    • Rear loading dock access.
    • Excellent location off I‑295.
    Property Profile Location Intelligence

    Current Use by Public Records

    Isalis Gift Shop Party City Party Store Skunk Funk Wholesaler Carl's Trading Co Hat Shop Bushka's Kitchen LLC Outdoor Clothing And Equipment Shop

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Portland
    County
    Cumberland
    State
    Maine
    Longitude
    -70.2801904
    Latitude
    43.6517223

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    FAQs

    What type of property is this?
    Shopping center - Prime Retail/Office Space, I-295 Access
    Where is this shopping center located?
    The property is located at 252 St John St Portland, ME.
    What is the lease rate?
    The lease rate is $17 SF/Yr.
    What are key features of this property?
    This property features: 2,714± SF retail/office space available in Union Station Plaza.; Newly renovated space with ample on-site parking.; Rear loading dock access.
    Request Owner's contact information
    252 St John St Portland, ME 04102
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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
    252 St John St Portland, ME 04102
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