10 Exchange Street Retail Condo

Retail-Commercial for Sale
Catylist Listing ID: 30867462
Property Subtypes: Mixed Use, Street Retail, Other
Condo? Yes
Building Size (RSF): 689 SF
Gross Building Area: 17,472 SF
Sale Price: $325,000
In Opportunity Zone? Yes
Property Use Type: Net Leased Investment (NNN)
Sale Terms: Cash to Seller
Last Updated: 4/10/2024

Overview / Comments

The leased retail condo located at 10 Exchange Street is centrally located in the heart of Portland’s Old Port. This retail space is located in the B3 zone (Downtown Business) which allows for a wide variety of uses. Exchange Street is one of the highest trafficked streets in the Old Port, and this has allowed it to become one of Portlands strongest retail hubs. This space is surrounded by numerous local retailers, restaurants such as Fat Face, Abacus Gallery, Gus and Ruby, D. Cole Jewelers, Papi Portland, and Blyth and Burrows. This eclectic mix of businesses ultimately contribute to the high foot traffic this street sees daily throughout the year, consisting of tourists, residents of Portland along with residents of Portland’s surrounding communities.

Additional Details

Nearest MSA: Portland-South Portland
County: Cumberland
Tax ID/APN: 05170_032 I013
Is Condo?: Yes
Zoning: B3
Largest Nearby Street: Commercial Street
Highway Access: I-295
Airports: PWM
Tenancy: Multiple Tenants
Property Condition: Excellent
Year Built: 1900
Year Renovated: 2017

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 23,835 74,064 111,394
Median Age: 34.73 37.81 39.18
Households: 12,603 34,671 50,199

Contact

Photograph of Listing Agent

Jackson Baumann

Compass Commercial Brokers, LLC
Not a member of NECPE
Photograph of Listing Agent

Jennifer Davies

Compass Commercial Brokers, LLC
Not a member of NECPE
Photograph of Listing Agent

Steve M Baumann

Compass Commercial Brokers, LLC
NECPE Member
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