375 Riverside Street: Retail For Sale/Lease

375 Riverside Street, Portland, ME, USA
For Sale or Lease

Catylist ID: #

Property Details

Property Types: Flex Space, Mixed Use, Retail Space, Warehouse/Distribution
Status: For Sale, Lease
Gross Building Area: 26,285+/- SF
Last Updated: November 8, 2024

Lease Details

Lease Rate: $16-$19 PSF NNN
Base Monthly Rent: See Broker For Details
Lease Types: NNN

Sale Details

Sale Price: $3,795,000
Unit Price: See Broker For Details
Sale Terms: Cash to Seller
Cap Rate: See Broker For Details

Attachments & Media



Additional Details

Nearest MSA: PWM
County: Cumberland
Tax ID/APN:
Zoning: B4

Description

Compass Commercial Brokers is pleased to present an exceptional opportunity at 375 Riverside Street in Portland, Maine, now available for both sale and lease. Ideally situated just a mile from Exit 48 of I-95 and the vibrant Rock Row Development, this property boasts un-matched accessibility and visibility. With an impressive traffic count of 18,300 AADT (2019) and approximately 300 feet of prominent road frontage, this location offers outstanding retail visibility along one of Portland’s busiest corridors. The flexible layout options, rang-ing from 3,050-26,285+/- SF, cater to a diverse array of retail users, allowing businesses to find the perfect fit for their needs. From an investment perspective, the property’s high “lease-ability” enhances its value and potential for repurposing, making it an attractive op-tion for investors alike. Join a thriving community of strong local and national brands, including Home Depot, Berlin City Toyota, Empeo-ple Credit Union, REI, and Chick-fil-A, in this rapidly growing area of Greater Portland. Don’t miss this chance to position your business in a dynamic market with incredible potential.

Agent Details

Compass employee broker

Steve Baumann

President + CEO

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