53 Wharf St Portland, ME 04101
This exceptional 1,600 square foot retail space, part of an 8,800 square foot strip center at 53 Wharf Street in Portland, Maine, presents a unique opportunity. Located in the heart of Portland's dynamic downtown, this property benefits from the high foot traffic and vibrant atmosphere of the Downtown Entertainment Overlay (B-3) zoning district. The single-story building, constructed in 1900, offers a charming character rarely found in modern developments. While the entire building comprises 8,800 square feet, this specific space offers 1,600 square feet of immediately available retail area, perfect for a variety of businesses. Parking is conveniently accessible via local garages and on-street options. The property sits on a 0.043-acre lot, identified by APN Map 32, Block R, Lot 8 in Cumberland County. This prime location within Portland's bustling downtown core provides unparalleled exposure and accessibility for any retail venture. The property's historical charm combined with its modern-day convenience makes it an ideal investment for entrepreneurs seeking a high-visibility location in a thriving urban environment. The space is ready for immediate occupancy, allowing for a swift and efficient start to your business operations. Don't miss this chance to establish your presence in one of Portland's most sought-after commercial districts.
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
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
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