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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

89 Exchange St Portland, ME 04101

16,785 SF Built 1900
Property ID
Property summary
AI-generated overview

This exceptional retail opportunity is located at 89 Exchange Street in Portland, Maine's vibrant Old Port district. The property boasts a total of 16,785 square feet across five stories within a single building constructed in 1900. The building sits on a 1,350 square foot lot and is zoned B3 & PAD, offering versatile usage potential for various retail and service businesses. The electrical system features circuit breakers. The property's address is 89 Exchange Street, Portland, ME 04101, and its location within the Old Port ensures high visibility and foot traffic. The property's historical charm combined with its modern functionality makes it an ideal location for a variety of businesses seeking a prominent presence in a thriving urban setting. The multiple tenancy option allows for flexibility in leasing arrangements, catering to diverse business needs. The property's unique characteristics, including its size, location, and zoning, present a rare opportunity for investors and entrepreneurs alike. The property's APN is Map 32, Block D, Lot 3, Cumberland County. This is a chance to secure a piece of Portland's rich history while capitalizing on the city's dynamic commercial landscape.

Property profile
Verified
Property type Retail properties & Spaces
Year built 1900
Total area 16,785 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
  • Dobrá Tea (Bike/Boat/Book/etc) Store Specialty Food Shop
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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