35 Danforth Street

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35 Danforth Street

Portland, ME 04101
Asking Price
Contact for price
Asset Type
Retail
Class
Class B

AI Property Summary

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

  • Retail commercial property available for acquisition in Portland.
  • Located at 35 Danforth Street within the historic Old Port.
  • Property features a mixed-use configuration for diverse commercial utility.
  • Situated in a high-density urban district near the waterfront.
  • Supports professional business operations in a primary Maine hub.

What's Special

This retail property at 35 Danforth Street in Portland, Maine, is available for sale, offering a strategic asset for investors or owner-occupiers seeking a footprint in the city's historic core. The site is situated within the Old Port district, an area characterized by high pedestrian density, cultural landmarks, and a robust local economy driven by tourism, professional services, and a vibrant maritime heritage. This mixed-use building provides a flexible layout suitable for various commercial operations, including boutique retail, specialty services, or local creative enterprises that benefit from the heavy foot traffic inherent to this coastal New England market. Positioned near the working waterfront, the property sits at the intersection of traditional commerce and modern urban living. The regional economy remains diverse, drawing steady demand from residents and visitors alike, which supports long-term viability for retail investments in this submarket. Prospective buyers can leverage the prominent location to establish a business in one of Maine's primary economic hubs, capitalizing on the established character and accessibility of the downtown corridor.

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

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