Great Opportunity in Ferry Village, So. Portland

Retail-Commercial for Lease
Catylist Listing ID: 30865225
Property Subtypes: Convenience Store, Restaurant, Street Retail
Contiguous Space: 500 - 1,200 SF
Building Size (RSF): 1,200 SF
Gross Building Area: See Agent
Lease Rate: $20 PSF (Annual)
Base Monthly Rent: $2,000
Lease Types: Modified Gross
Ceiling: 12 ft.
Usable Size (USF): 1,200 SF
Last Updated: 2/5/2024

Overview / Comments

Currently the home of the Knitting Nook, a Ferry Village landmark. This flexible space will be ready to lease on June 15th. The right tenant will find the owners flexible and willing to work with them to craft a business that will serve the community and beyond. High ceilings, open concept, one bathroom, sprinkler protected, on-street parking.

Current tenant has had permit to offer outside dining in the seasonally available parking lot in the rear. Use of outdoor space is negotiable at same price/sf (adjusted for seasonality).

Expand All Available Space

Suite: 124 1,200 SF $20 PSF (Annual) Modified Gross
Level/Floor: 1
Space Available: 1,200 SF
Minimum Divisible: 500 SF
Lease Rate: $20 PSF (Annual)
$2,000 (Monthly)
Lease Type: Modified Gross
Date Available: 6/15/2024
Space Type: Relet
Tax Expenses $0 PSF (Annual)

Additional Details

Nearest MSA: Portland-South Portland
County: Cumberland
Tax ID/APN: 05220_6-134
Zoning: LIGHT BUSINESS
Retail Clientele: General, Family
Property Visibility: Excellent
Largest Nearby Street: Broadway
Traffic/Vehicle Count: 1,950
Site Description: Unit is in mixed-use building, including rental apartments and licensed STR units, with high foot traffic.
Area Description: Located in the heart of Ferry Village, this is in a commercially zoned corner in a quiet neighborhood between Broadway and Front Street, including the storied Evelyn’s Watering Hole and Lulu Ceramics, down the street from the Lyric Music Theater and the Greenway, and minutes to the Casco Bay Bridge, Willard Square, Southern Maine Community College, and Bug Light Park. Since the lamented demise of eateries The Toast Bar and One-Fifty-Ate, the closest breakfast/lunch joint are in Knightville,
Tenancy: Multiple Tenants
Total Number of Buildings: 1
Number of Stories: 2
Typical SF / Floor: 2,400 SF
Property Condition: Good
Year Built: 1885
Year Renovated: 2018
Roof Type: Hip
Construction/Siding: Vinyl Siding, Wood Frame, Wood Siding
Total Parking Spaces: 1
Parking Type: Surface
Parking Description: 1 space of off-street parking available for commercial tenant.
Sprinklers: Wet
Heat Type: Electricity, Natural Gas
Heat Source: Wall Units, Heat Pump
Air Conditioning: Other
Interior Description: High-ceilinged, open-concept space. Owner will work with tenant for customized renovation.
Zoning Description: Limited Business (LB)
Water Service: Municipal
Sewer Type: Municipal
Legal Description: Book/Page 35142/0110

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 10,797 68,556 107,762
Median Age: 40.77 37.87 39.3
Households: 5,238 32,266 48,695

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