21 Chestnut Street, Unit 2Portland, ME 04101MLS Number 1656614

  • Price: $325,000
  • 46 Days on Market
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Federal 30-year interest rate: 6.36% last updated on May 14, 2026
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21 Chestnut Street Portland ME 0410121 Chestnut Street Portland ME 0410121 Chestnut Street Portland ME 0410121 Chestnut Street Portland ME 0410121 Chestnut Street Portland ME 0410121 Chestnut Street Portland ME 04101
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  • 0.11Acreage
  • 1,315Square Feet
We are pleased to present Unit #2 at 21 Chestnut Street, Portland, a stabilized investment opportunity featuring a long-standing neighborhood retailer. The property is offered at a 10% capitalization rate based on first-year rental income and is secured by a newly executed seven-year lease. Peace Food Market has successfully operated at this location since 2009, demonstrating consistent performance and strong ties to the surrounding community. This offering provides investors with an established tenant and long-term income stability in a desirable Portland location.
Listed by The Dunham Group

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Office: 207-623-2100
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Augusta, ME 04330

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Basic Information

  • Unit Number2

Location

  • Address21 Chestnut Street
  • Building Number21
  • CountyCumberland
  • LocationBusiness District, Downtown
  • StateME
  • StreetChestnut Street
  • TownPortland
  • Zip04101

Tax Information

  • Parcel Number PTLD-000027-C000010-000002
  • Taxes$3,506

Building

  • Year Built2007

Property Information

  • Acreage0.11
  • Lot Features Business District
  • Property Uses Retail
  • Square Feet1,315

Parking

  • Parking On Street

Basic Information

  • List Price$325,000
  • MLS Number1656614
  • Property SubTypeGeneral Commercial
  • Property TypeCommercial Sale
  • StatusACT

Legal

  • ZoningB-3

Other

  • Date Listed04/06/2026

Listing data is derived in whole or in part from the Maine IDX & is for consumers' personal, non commercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. ©2026 Maine Real Estate Information System, Inc. All Rights Reserved. equal opportunity housing logo   Privacy Policy

All Maine Homes participates in ©2026 Maine Listings Internet Data Exchange program, allowing us to display other Maine IDX Participants' listings. This website does not display complete listings. Certain listings of other real estate brokerage firms have been excluded. Mortgage figures are estimates. Check with your bank or proposed mortgage company for actual interest rates. This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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