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Property profile

0 Canal Plz Portland, ME 04101

OFF-MARKET
Retail properties & Spaces
1,350 SF Built 2017
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Property summary

AI-generated overview

This exceptional 1,350 square foot restaurant space is located in the vibrant Canal Plaza of Portland, Maine. Built in 2017, this single-story building sits on a 0.42-acre lot and offers a single tenancy opportunity. The property boasts a substantial 400-amp electrical service, ensuring ample power for all kitchen and operational needs. Its B3 zoning designation allows for a variety of restaurant concepts. The property's address is Canal Plaza, Portland, ME 04101, and is conveniently located within Cumberland County. The property's Assessed Parcel Number (APN) is Map 32, Block I, Lot 7001. This turnkey space presents a rare opportunity for restaurateurs seeking a well-situated, modern establishment in a thriving Portland neighborhood. The single-story design offers efficient workflow and easy accessibility. The ample lot size provides potential for outdoor seating or expansion, subject to applicable zoning regulations. This is an ideal location for a discerning operator looking to establish or relocate their restaurant business in a high-traffic area of Portland. The property's 2017 construction ensures modern building systems and finishes. Serious inquiries are encouraged to explore this exciting opportunity.

Property profile

Verified
Property type Retail properties & Spaces
Year built 2017
Total area 1,350 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Canal Plz Portland, ME 04101
Portland metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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