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    379 Commercial St Portland, ME 04101-4625
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    Property profile & analytics

    379 Commercial St, Portland, ME 04101-4625

    View on Map

    • Hotels
    • 86,510 SF
    • 0.81 lot acres
    Off-Market
    Last Sale Sep 13, 2021
    Property ID
    US42-0287743
    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.

    Value Estimations
    $1,740,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Aloft Portland Downtown Waterfront ME / Hotel & Motel
    • WXYZ Bar Portland / Restaurant
    • Hobson's landing / Condominium Complex

    Property Details for 379 Commercial St

    Year built
    2020
    Lot size
    0.81 lot acres
    Property type
    Hotels
    APN
    PTLD M:042 B:A001001
    APU
    PTLDM042BA001001

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Sep 13, 2021 — Apple 9 Hospitality Owner Npcc LLC Quit Claim Deed · related —
    Mar 8, 2019 — Deering Property Dev — Loan Modification · related $42M · East Boston Svgs Bk
    Jan 31, 2019 — Npcc LLC — Deed · related $28M · Harbor Bank & Trust
    Jan 23, 2019 — Deering Property Dev — Deed · related $50k · East Boston Savings Bank
    Dec 18, 2018 — Npcc LLC Deering Property Dev LLC Quit Claim Deed —
    Dec 14, 2018 — Dpd Lot 3 LLC — Deed · related $5.1M · Bank Of New England
    Dec 10, 2018 — Dpd Lot 3 LLC Deering Property Dev LLC Quit Claim Deed —
    — — Npcc LLC — Deed Of Trust · related $28M · Harbor Bank & Trust
    — — Dpd Lot 3 LLC — Deed Of Trust · related $5.1M · Bank Of New England

    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      ML approach
      $1,235,000
    • Comparable approach

      Method
      Estimation
      AI Estimate
      $2,246,000
      Market price range: $1.23M - $2.25M
    • Alternative Use

      Use
      Estimation
      HOTEL/MOTEL
      $1,635,000
      Current use

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Portland
    County
    Cumberland
    State
    Maine
    Longitude
    -70.2573
    Latitude
    43.6518
    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
    $607,654
    $2,595,700
    $39,573,200
    $42,168,900
    -
    $0.00
    $0.00
    $0.00
    More about this property
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