Retail Condo / For Lease

Retail-Commercial for Lease
Also listed as Office
Catylist Listing ID: 30855758
Property Subtypes: Mixed Use, Restaurant, Street Retail, Tavern/Bar/Nightclub, Other
Contiguous Space: 4,347 SF
Building Size (RSF): 4,347 SF
Gross Building Area: 8,528 SF
Lease Rate: $4,000 (Monthly)
$11.04 PSF (Annual)
Lease Types: NNN
In Opportunity Zone? Yes
Building Name: 44 Oak St
Last Updated: 4/7/2024

Overview / Comments

Retail/Office condo at the very center of Portland's peninsula offers the owner-user or quality minded investor opportunity and upside. Called a 'walker's paradise' by WalkScore, this location offers immediate access to boutiques, breweries, shops, salons, galleries, grocers and even museums, music venues, monuments and more... This location ensures that any use from commercial to mixed to residential will not only succeed but thrive. The current owners have poured money into this historic property to preserve its past and ensure it meets todays needs/demands. From plumbing, heating, cooling, electrical and more - the attention to detail is impressive. What's also impressive is the retained period details from the intricate tin ceilings and trim to plate glass windows and 10-13' ceilings. The desirable B3 zone allows for a host of uses. Shown by appointment.

4 Months Free Rent
4,347 square feet

The Space:
- 14' Ceilings
- Stunning period detail
- Lots of natural light throughout
- Visible and walkable location
- 4 parking garages within 2 blocks
- Easily subdivided and sublet
- Join Man & Oak (2nd Floor)

Ideal For:
- People or Pet Salon/Spa
- Cafe/Coffee/Smoothie Shop
- Retail/Restaurant/Grocery
- Office/Professional
- Makers/Community Market
- Gym / Personal Training Facility

Modified Gross Rent (Tenant Only Pays):
- Heat, hot water and electric

Expand All Available Space

Suite: 1 4,347 SF $4,000 (Monthly) NNN
Level/Floor: 1
Space Available: 4,347 SF
Lease Rate: $4,000 (Monthly)
$11.04 PSF (Annual)
Lease Type: NNN
Space Subcategory: Office Building
Date Available: 9/13/2023
Space Type: Relet
Tax Expenses $12,538 PSF (Annual)

Additional Details

Nearest MSA: Portland-South Portland
County: Cumberland
Tax ID/APN: 039 B011
Zoning: B3 DEOZ
Retail Clientele: General, Business, Other
Property Located Between: Free and Spring
Largest Nearby Street: Congress
Highway Access: Yes
Airports: PWM
Area Description: Downtown / In-town / Center of Portland's peninsula
Tenancy: Multiple Tenants
Total Number of Buildings: 1
Number of Stories: 3
Property Condition: Good
Year Built: 1914
Year Renovated: 2021
Roof Type: Flat
Construction/Siding: Brick
Exterior Description: Brick
Parking Description: Multiple parking lots and garages close by
Sprinklers: Wet
Heat Type: Electricity, Natural Gas, Space Heaters
Heat Source: Central, Ceiling Units
Air Conditioning: Other
Interior Description: Garden & First Floor condo currently built out as a high-end salon & spa, but suitable for a variety of retail, service and office uses. 4,347+/- SF
Zoning Description: B3 DEOZ - opportunity zone
Lot Frontage: .99
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 25,201 78,550 111,093
Median Age: 33.99 38.07 39.15
Households: 13,139 36,466 50,070


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