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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

10 Exchange St Portland, ME 04101

689 SF Built 1900
Property ID
Property summary
AI-generated overview

This 689-square-foot retail condominium, located at 10 Exchange Street in Portland, Maine's vibrant Old Port district, presents a unique investment opportunity. Built in 1900 and renovated in 2017, this storefront boasts a desirable B3 (Downtown Business) zoning, allowing for a wide range of commercial uses. Situated on one of the Old Port's highest-traffic streets, the property benefits from exceptional foot traffic generated by a diverse mix of local businesses, including restaurants and retailers. The property's central location ensures high visibility and accessibility for both tourists and local residents, contributing to its strong retail potential. The asking price is $325,000, translating to $471.70 per square foot. The property's address is 10 Exchange Street, Portland, ME 04101, and its APN is 05170_032 I013. This is an exceptional opportunity to acquire a well-located retail space in a thriving commercial area. The property's history and recent renovations combine to offer a turn-key retail space ready for immediate occupancy. The high foot traffic and diverse clientele of the Old Port ensure a strong potential for success.

Property profile
Verified
Property type Retail properties & Spaces
Year built 1900
Total area 689 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
  • Discover Maine Magazine Newspaper & Magazine (Bike/Boat/Book/etc) Store
  • Namaste Alternative Medicine Practice Spa & Massage Center
  • D. Cole Jewelers (Bike/Boat/Book/etc) Store
  • Flowers&Candy Clothing & Fashion Store
  • Freak Street Imports (Bike/Boat/Book/etc) Store
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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