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21 Chestnut Street - Unit 2, Portland
21 Chestnut St, Portland, ME 04101
Available Now
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FOR SALERetail / Convenience Store
Cap Rate
10%
Building Size
1,315SF
Year Built
2009
Zoning
B-2
Currently Leased
No
Investment
Stabilized
Listing Contacts
More property details
Sale Type
Sale Leaseback
No of Buildings
1
Location
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21 Chestnut Street - Unit 2, Portland
About the location
The Dunham Group is proud to offer Unit #2 at 21 Chestnut Street in Portland, a stabilized investment anchored by a well-established neighborhood retailer. Priced at a 10% cap rate based on first-year rental income, the property is secured by a newly signed seven-year lease. Peace Food Market has operated successfully at this location since 2009, reflecting strong community ties and consistent operating history. This opportunity delivers reliable, long-term income in a sought-after downtown Portland setting with convenient access to transit and walkable amenities.
Location highlights
- Adjacent to Portland High School
- 7-year leaseback with projected 19% IRR
- Prime downtown Portland location with strong walkability and transit access