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    2 Portland Sq Portland, ME 04101

    For Lease
    Contact for pricing

    High-traffic ATM space, prime location.

    Lot size:
    155,525 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional retail opportunity presents a 125 square foot ATM space available for lease within the prestigious Two Portland Square building in Portland, Maine. Located in the main lobby of this prominent Class A office building, this space benefits from exceptional visibility and high foot traffic. Two Portland Square is situated in the heart of Portland's financial district, just steps from the vibrant Old Port, ensuring consistent customer interaction. The building itself boasts seven stories and a total of 155,525 square feet, reflecting its significant presence within the city. Built in 1990, the building is well-maintained and situated on a substantial 4.6-acre lot in Cumberland County. The current monthly rent is $2,000. This location offers unparalleled access to a dense population of office workers, residents, and tourists, making it an ideal location for an ATM. The space is currently vacant and ready for immediate occupancy. The zip code is 04101. This is a rare opportunity to secure a high-performing ATM location in one of Portland's most desirable commercial areas. Don't miss this chance to capitalize on this prime retail space.

    Property Features for 2 Portland Sq

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    155,525 SF

    Building Details

    Year Built
    1990
    Stories
    7

    Unit(s) available at that property

    Space
    ATM
    Size
    125 SF

    HighLights

    • Prime retail space (125 SF) in Two Portland Square's main lobby, Portland, ME.
    • Building features existing electrical for ATM installation.
    • $2,000/month gross lease; tenant pays electricity.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Wells Fargo Advisors: ... Investment Service Stone Coast Fund ... Investment Service Dr. Julie Quimby Psychologist Psychology Specialists of Maine, ... Mental Health Service Michael Tartaglia, Psy.D. Mental Health Service

    Suggested Use

    Realty agency Restaurant Spa & Massage Dental Office Law Firm Hair Salon Nail Salon Building Supply Auto Repair Shop 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
    -70.2555943
    Latitude
    43.655752

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    FAQs

    What type of property is this?
    Retail property - High-traffic ATM space, prime location.
    Where is this retail property located?
    The property is located at 2 Portland Sq Portland, ME.
    What are key features of this property?
    This property features: Prime retail space (125 SF) in Two Portland Square's main lobby, Portland, ME.; Building features existing electrical for ATM installation.; $2,000/month gross lease; tenant pays electricity.
    Request Owner's contact information
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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
    2 Portland Sq Portland, ME 04101
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