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Property profile & analytics
FOR LEASE
Retail space

375 Riverside St Portland, ME 04103

26,285 SF 2.8 ac lot Built 1989
Entity Owned 3-yr Hold ~ Est. High Equity
Property ID
US42-0287456
Property summary
AI-generated overview

This exceptional 26,285 square foot mixed-use retail property in Portland, Maine, offers 26,305 square feet of vacant space divisible from 3,050 to 11,950 contiguous square feet. Located on 2.797 acres with ample on-site parking, it benefits from high visibility on Riverside Street, boasting approximately 300 feet of road frontage and a 2019 AADT of 18,300. Built in 1989 and renovated in 1995, the property is zoned B4 and situated just one mile from I-95 Exit 48 and the Rock Row Development, placing it near strong national and local brands including Home Depot, Chick-fil-A, and REI. The flexible layout caters to a variety of retail users, making it an attractive investment opportunity with high lease-ability potential. This prime location offers unparalleled access and visibility in a rapidly growing area of Greater Portland, presenting a unique chance to establish or expand a business within a thriving commercial environment. The property's size and location make it ideal for a variety of retail concepts, offering significant potential for growth and return on investment. The ample parking ensures convenient access for customers and employees. The B4 zoning provides flexibility for various business types.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1989
Total area 26,285 SF
Lot 2.8 ac (121,837 SF)
APN PTLD M:317 B:B005001
UPID US42-0287456
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
Current use
Occupant on record · Public records
  • Big Moose Harley-Davidson Motorcycle Shop (Bike/Boat/Book/etc) Store
  • EagleRider Motorcycle Rentals and Tours Portland Maine Car Rental Facility
  • ChargePoint Charging Station Electric Vehicle Charging Station
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$3.53M
CAP Approach CAP
$4.23M
Comparable Approach Comparable
$4.32M
Blend (final) Blend
$3.41M
Owner & transaction history
Br Holdings LLC · 3 yrs held
Br Holdings LLC
since 2023
Last sale
$3.4M
3 recorded transactions
2024
Price N/A
2023
$3.4M
2012
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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