375 Riverside St Portland, ME 04103
Property profile & analytics
375 Riverside St Portland, ME 04103
- Retail space
- 26,285 SF
- 2.80 lot acres
Property ID
US42-0287456
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
- 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
Property Details for 375 Riverside St
- Year built
- 1989
- Lot size
- 2.80 lot acres
- Property size
- 26,285 SF
- Property type
- Retail space
- APN
- PTLD M:317 B:B005001
- APU
- PTLDM317BB005001
Description
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.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $3,300,000
- ML approach
- $3,525,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $4,580,000
- 6.5%
- $4,230,000
- 7%
- $3,925,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $4,316,000
Market price range: $3.30M - $8.34M -
Alternative Use
- Use
- Estimation
- RETAIL STORES
- $5,330,000 Current use
- OFFICE BUILDING
- $4,820,000 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
- -70.3265
- Latitude
- 43.6886
- 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
$46,138
$463,100
$2,738,700
$3,201,800
-
$0.00
$0.00
$0.00
