South Portland Retail

South Portland

Market Report

Number of Listings
Posted in the last 90 days
5
Median Rate ($/sqft/yr)
$21
Median Size (sqft)
3,020

Compared to the rest of the Greater Portland market, the South Portland region has smaller rates, so you should have no trouble finding a great deal in this undervalued submarket.

South Portland Listing Supply

In the last 90 days, 123 listings have come on the market, so you'll want to check back regularly for new listings. About 2% of the available leases in the South Portland are subleases, so you will probably have to consider a longer term lease. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.

Even though the median size is 3,020 sqft, there are still 0 leases below 2,000 sqft. Most buildings in this region are approximately 3 stories. Most buildings in this area were built in 1973 and are Class B.

South Portland Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Health care is the dominant industry in this region. Commute by public transit is the most popular way to get to work amongst South Portland folk. Commuting around 20 minutes a day is the norm for those who opt to reside in this part of town.

Market Data

Real time and historical data on commercial real estate listings in South Portland.
Research