Creative Space

Portland, ME Creative Space for Sale

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South Portland, ME Cape Elizabeth, ME Falmouth, ME New Portland, ME Scarborough, ME Cumberland, ME Chebeague Island, ME Westbrook, ME
Office Building with Surface Parking
Updated: Jun 2
Office Building with Surface Parking

307 Cumberland Avenue, Portland, ME 04101

$4,900,000
25,650 sqft
25,650± SF total building area
17,100± SF across two stories plus 8,550± SF of ground‑level space
On‑site surface parking with 47± exclusive spaces
Office, creative, and support‑use configuration
Built in 1913
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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Portland, ME, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Restored Mill Creative Space
Restored Mill Creative Space

6 Chestnut St Unit 211, Amesbury, MA 01913

Contact for pricing
1,521 sqft

Second-floor open-plan suite with high ceilings, HVAC, elevator access, and shared restrooms.

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Second-Floor Office Suite with Landing
Second-Floor Office Suite with Landing

2049 Post Road Unit 2B, Wells, ME 04090

Contact for pricing
920 sqft

Second-floor open-concept office suite with soaring wood ceilings, shared second-floor restrooms, and access via front and rear stairs.

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Second-Floor Office Suite
Second-Floor Office Suite

2049 Post Road Unit 2A, Wells, ME 04090

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674 sqft

Bright second-floor suite with soaring wood ceilings, exposed beams, and flexible open layout plus shared restrooms.

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Historic Creative Space with Outdoor Deck
Historic Creative Space with Outdoor Deck

7R Water Street, Amesbury, MA 01913

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Open-plan commercial interior includes exposed brick, tall windows, and room for a conference area.

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Portland, ME Creative Space Market Trends and Statistics

Explore 1 creative space for sale in Portland, ME on our real estate platform. These investment opportunities span a total of 25,650 square feet of properties for sale, with an estimated market value of $4,900,000.

Sale prices for creative space in Portland, ME average $4,900,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Office Units 41
Office buildings 25
Medical Office Space 3
Coworking space 2
Serviced offices 2

Demographics Overview

Population 119K
Population Growth (5Y) +15.6%
Median Household Income $93,177
College Educated 60.2%

High-Yield Neighborhoods for Investment

Identify Portland submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
04101 $4.9M

Taxes & Financing

Tax Rate (average for all types) 1.44%
Property Tax per SF $9.35 per SF
Tax Rate vs County Average 0.08 pp below county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Cumberland County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Cumberland County

Retail

Office

Residential Income

Property Size Breakdown

The majority of commercial real estate listings in Portland fall within the 10,000 to 25,000 square foot range.

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