375 Riverside St Portland, ME 04103
For Lease
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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.
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Big Moose Harley-Davidson Motorcycle Shop (Bike/Boat/Book/etc) Store
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EagleRider Motorcycle Rentals and Tours Portland Maine Car Rental Facility
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ChargePoint Charging Station Electric Vehicle Charging Station
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.