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Property profile & analytics
OFF-MARKET
Commercial real estate

115 Cumberland Ave Portland, ME 04101

4,321 SF Built 1890
Property ID
US42-0456942
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 Commercial real estate
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
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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