129 Fox Street

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129 Fox Street

Portland, ME 04101
Asking Price
$4.20M
Asset Type
Warehouse Retail
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Prime retail and warehouse asset located in Portland, Maine.
  • Property situated directly on the active Portland peninsula.
  • Asking price for the site is set at $4,200,000.
  • Strategic location within the 04101 zip code area.
  • Asset supports various retail and warehouse business use cases.

What's Special

Situated on the Portland peninsula, 129 Fox Street sits within a highly active coastal hub known for its concentrated commercial activity and dense residential neighborhoods. This retail and warehouse asset provides a central vantage point in Maine's largest city, benefitting from proximity to the regional transportation infrastructure and the consistent foot traffic characteristic of this urban submarket. The property occupies a strategic footprint that aligns with current regional development trends in Portland. Investors and business owners seeking an foothold in this specific submarket may find the site suitable for a variety of retail or industrial-leaning applications. The physical configuration of the warehouse space allows for flexible interior utilization, while the site visibility supports commercial ventures looking to leverage the area's established market presence. This asset represents a functional addition to the local commercial landscape, offering utility for operators or developers focused on the unique constraints and advantages of the Portland peninsula.

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NOI
$80,000
Cap Rate
1.90%
DSCR
0.32
Underwater
Cash-on-Cash
-13.44%
Monthly Payment
$20,779.308
Annual Cash Flow
$-169,351.701

Location & Travel Times