566 Main St South Portland, ME 04106
This exceptional 5,120 square foot retail property, located at 566 Main Street, presents a unique investment opportunity. The single-story, freestanding building, constructed in 1940, sits on a 0.17-acre lot and is zoned MSCC - Main Street Community Commercial (APN: Map 053, Lot 041, Cumberland County). The building comprises three individual retail suites, offering flexibility for multiple tenants or a single large-scale operation. One suite boasts approximately 1,200 square feet of retail space, complemented by valuable basement storage. This particular unit benefits from a highly visible Main Street frontage and large windows, ensuring ample natural light. The property's strategic location on Main Street guarantees high foot traffic and excellent visibility, making it an ideal space for businesses seeking strong brand exposure. Existing tenants include long-term occupants, demonstrating the property's enduring appeal and stability. This is a rare opportunity to acquire a well-established retail property in a thriving commercial district. The property's size, location, and existing tenant base make it an attractive investment for both established businesses and new ventures seeking a prominent Main Street presence.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.