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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

3 Spring St Portland, ME 04101

21,090 SF Built 1990
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Retail properties & Spaces
Year built 1990
Total area 21,090 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Yuri's Desserts Bakery Specialty Food Shop
  • Stars & Stripes Brewing Company Production Facility Brewery & Distillery
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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