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Property profile

115 Cumberland Ave Portland, ME 04101

OFF-MARKET
Retail properties & Spaces
Property ID
US42-0456942
4,321 SF Built 1890
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Property summary

AI-generated overview

This exceptional retail opportunity is located at 115 Cumberland Avenue in Portland, Maine's vibrant East End neighborhood (zip code 04101). The property, built in 1890, is a three-story building with a total of 4,321 square feet, currently offering 600 square feet of vacant space ideal for a cafe or similar food service establishment. The building is zoned B2B Business Community, allowing for a variety of uses. The 0.796-acre lot provides excellent visibility for your business. Parking is available on the street. The space's compact size and flexible layout make it perfect for entrepreneurs seeking a high-traffic location to launch or expand their food-related business. This is a chance to become part of Portland's renowned culinary scene, capitalizing on the area's strong community support for local businesses and creative ventures. The property's multiple tenancy structure offers the potential for synergistic business relationships within the building. The high visibility and convenient location ensure maximum exposure to potential customers. This is a rare opportunity to secure a well-positioned space in a thriving Portland neighborhood. Don't miss out on this chance to establish your presence in a dynamic and sought-after area. The property features a prime location with high foot traffic and excellent visibility, making it an ideal spot for a cafe, coffee shop, sandwich shop, or other quick-service restaurant.

Property profile

Verified
Property type Retail properties & Spaces
Year built 1890
Total area 4,321 SF
UPID US42-0456942

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

115 Cumberland Ave Portland, ME 04101
Portland metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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