3 Spring St Portland, ME 04101
This exceptional 21,090 square foot mixed-use property at 3 Spring Street in Portland, Maine, presents a unique investment opportunity. Located in the heart of the city's vibrant downtown, this single building boasts a B3 - Downtown Business zoning designation, offering significant flexibility for a variety of commercial uses. Constructed in 1990, the building currently operates as a multi-tenant space, ideal for creative office tenants or businesses requiring a blend of retail and office functionality. The property features 200 amps of power, ensuring ample capacity for modern business needs. Its central Portland location in Cumberland County (zip code 04101) provides easy access to major transportation routes, amenities, and a thriving workforce. The building's classification as both retail and office space, with a creative office subtype, makes it suitable for a diverse range of businesses seeking a dynamic and well-situated location. This is an excellent chance to acquire a substantial property in a high-demand area of Portland, Maine. The building's size and zoning provide ample opportunity for expansion or adaptation to suit a variety of business plans. Serious inquiries are encouraged.
-
Yuri's Desserts Bakery Specialty Food Shop
-
Stars & Stripes Brewing Company Production Facility Brewery & Distillery
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
Similar Nearby for Lease
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.