Financial
Distress signals
Property profile

79 Mellen St Portland, ME 04101

OFF-MARKET
Retail space
Property ID
US42-0334500
1,728 SF 0.05 ac lot Built 1965
Last sale Sep 2023 · $615,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

Mellen Street Market/Quinn's Bardega is a mixed-use retail and beverage service property in Portland’s Parkside neighborhood, built in 1965 and zoned R6. The bar/lounge portion features a full-service counter with eight taps, a beer cooler, liquor shelving, a copper-top bar with seating for approximately 8–10 people, three lounge tables, and additional counter seating for approximately 6–8, along with a large garage door and a TouchTunes entertainment system. The convenience store portion is

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$6k
Tax billed · 2023
Assessed value$405k
Assessed land$220k
Assessed improvement$185k
Effective rate1.44%

Value estimate

· Sep 2026
$595k
$536k – $655k
AI approach$725k
Submarket $/SF estimate$548k

Realmo valuation models over county records and 10 qualifying comparable sales.

Recently sold

What actually traded nearby?
$203/SF
Submarket average, outlier-cleaned · 41 recorded sales of this use type
Observed band · Q1–Q3$126 – $317
Qualifying comparables10

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionPORTLAND

Location intelligence

Which uses thrive at this corner?
Best fit: Watch Repair Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Watch Repair Shop8.9
Locksmith8.5
Auto Parts Store8.1

Location

79 Mellen St Portland, ME 04101-2140
County assessor Recorded deeds · 8 transfers 10 qualifying comp sales Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
94 Portland, Portland, ME 04101-2829 $600,000 Oct 2024 5,002 SF
15 Baxter, Portland, ME 04101-1820 $1,650,000 May 2023 5,100 SF
64 Washington, Portland, ME 04101-2629 $500,000 Mar 2023 1,692 SF
582 Congress, Portland, ME 04101-3311 $2,800,000 Nov 2022 5,100 SF
634 Frst, Portland, ME 04101 $675,000 Sep 2022 2,132 SF
425 Frst, Portland, ME 04101-2005 $1,100,000 Jul 2022 1,590 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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