306 Warren Ave Portland, ME 04103
Property Lookup
Property profile & analytics
306 Warren Ave Portland, ME 04103
- Manufacturing properties
- 15,360 SF
- 0.68 lot acres
Property ID
US42-0203671
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.
Location Intelligence
Current Use by Public Records
- THE HAPPY CLOUD / Department Store
- Solar Maine Power LLC / General Contractor
- Maine Windows and Doors / Hardware & Home Improvement / Production Facility
- Adore Rouge / Hair Salon / Nail Salon
Property Details for 306 Warren Ave
- Year built
- 1950
- Lot size
- 0.68 lot acres
- Property size
- 15,360 SF
- Property type
- Manufacturing properties
- APN
- PTLD M:296 B:E001001
- APU
- PTLDM296BE001001
Description
This exceptional Portland, Maine commercial property at 306 Warren Ave offers 15,360 square feet of versatile space, ideally suited for a variety of businesses. The building features a blend of retail, office, and industrial uses, currently configured as a mixed-use space with multiple tenants. A significant 1,000 square feet of second-floor office space is immediately available for lease. The building is a two-story structure situated on a 0.684-acre lot in the B4 - Commercial Business zoning district of Cumberland County. The property boasts excellent visibility on Warren Avenue, providing strong potential for attracting customers and clients. Ample parking is available on-site, ensuring convenience for employees and visitors. Its strategic location offers easy access to major transportation arteries, including I-95 and Forest Avenue, facilitating seamless commutes and efficient logistics. The property includes one dock-high door, catering to the needs of businesses requiring loading and unloading capabilities. This unique opportunity combines the benefits of a prime location with a flexible layout, making it an ideal choice for businesses seeking a dynamic and functional workspace in the heart of Portland. The available 1,000 square feet of office space presents a chance to establish a presence in a thriving commercial area with excellent accessibility and visibility.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $1,310,000
- ML approach
- $1,515,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $1,640,000
- 6.5%
- $1,510,000
- 7%
- $1,405,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $1,617,000
Market price range: $1.50M - $3.33M -
Alternative Use
- Use
- Estimation
- INDUSTRIAL (GENERAL)
- $2,300,000 Current use
- COMMERCIAL (GENERAL)
- $2,140,000 Change: -7% Conversion: Difficult
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Portland
- County
- Cumberland
- State
- Maine
- Longitude
- -70.3101
- Latitude
- 43.6874
- 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
2024
$17,803
$263,700
$922,400
$1,186,100
-
$0.00
$0.00
$0.00
