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    1 Exchange St Portland, ME 04101-5123
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    Property profile & analytics

    1 Exchange St Portland, ME 04101-5123


    • Retail space
    • 6,180 SF
    • 0.03 lot acres
    Off-Market
    Last Sale Sep 29, 2020
    Property ID
    US42-0419552
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    $770,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • City Beverage / Grocery & Convenience Store
    • Psychic connection / Spiritual Center

    Property Details for 1 Exchange St

    Year built
    1900
    Lot size
    0.03 lot acres
    Property size
    6,180 SF
    Property type
    Retail space
    APN
    PTLD M:032 B:F014001
    APU
    PTLDM032BF014001

    Description

    This exceptional 1,000-square-foot retail space, ideally situated at the corner of Exchange and Fore Streets in Portland, Maine, presents a unique opportunity for a discerning business. Previously occupied by City Beverage, this single-tenant suite boasts unparalleled visibility in Portland's vibrant retail and restaurant district. The location offers maximum exposure to a high volume of pedestrian traffic throughout the year, benefiting from a walk score of 99. This translates to consistent foot traffic from local residents, tourists, and cruise ship passengers. The property's strategic placement within a thriving commercial hub, surrounded by established businesses such as Blyth & Burrows, N To Tail, D. Cole Jewelers, Papi Portland, and Mocean Skateboards, ensures a strong customer base and significant brand synergy. The space is categorized as retail and restaurant use, suitable for a variety of concepts, from boutique shops to restaurants. Located in Cumberland County, with a Portland, ME 04101 zip code, this property offers easy access to major transportation routes and ample parking options in the surrounding area. This is an exceptional opportunity to establish or expand your business in one of Maine's most desirable commercial locations. The property is a single-tenant space, perfect for a business seeking a high-visibility location with significant foot traffic.


    Value Estimations

    based on Realmo’s proprietary methodology
    • CAP approach

      CAP Return
      Estimation
      6%
      $1,075,000
      6.5%
      $995,000
      7%
      $925,000
    • Alternative Use

      Use
      Estimation
      RETAIL STORES
      $1,255,000
      Current use
      OFFICE BUILDING
      $1,135,000
      Change: -10% Conversion: Easy

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Portland
    County
    Cumberland
    State
    Maine
    Longitude
    -70.2533
    Latitude
    43.6566
    CBSA code
    38860
    CBSA name
    PORTLAND-SOUTH PORTLAND-BIDDEFORD, ME METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $11,969
    $286,400
    $544,200
    $830,600
    -
    $0.00
    $0.00
    $0.00
    More about this property
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