157 Middle St Portland, ME 04101
- Retail properties
- 48,912 SF
Current Use by Public Records
- Maine Art Collective / Art Gallery
- Faribault Mill Portland Maine / Store
Property Details for 157 Middle St
- Year built
- 1990
- Property size
- 48,912 SF
- Property type
- Retail properties
- Property subtype
- Retail space
Description
This exceptional retail property, located at 157 Middle Street in Portland, Maine, presents a unique investment opportunity. The five-story building, constructed in 1990, boasts a substantial 48,912 square feet of leasable space, ideal for multiple tenants. Situated on a 0.23-acre lot, the property benefits from its prominent street-level location and high visibility. The building features two passenger elevators, ensuring convenient access to all five floors. The zoning designation is B-3 & PAD, offering flexibility for a variety of retail uses. The property's address is 157 Middle Street, Portland, ME 04101, and its location is further identified by APN Map 28, Block K, Lot 306 in Cumberland County. This prime retail space is ready for immediate occupancy and offers significant potential for growth and profitability. The building's single structure and convenient elevator access make it an attractive option for a variety of retail businesses. Its central location in Portland, Maine, provides excellent access to a large customer base and ample foot traffic. This is a rare opportunity to acquire a substantial retail property in a thriving urban market. The property's size and location make it an ideal investment for both established businesses and new ventures seeking a high-profile presence in Portland.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Portland
- County
- Cumberland
- State
- Maine
- Longitude
- -70.254
- Latitude
- 43.658
