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    55-75 Washington Ave Portland, ME 04106

    For Lease
    $18 SF/Yr ($15,462 /Mo)

    10,308±SF office suite in iconic mixed-use building for lease.

    Property size:
    10,308 SF
    Lot size:
    2.70 Acres

    Property Features for 55-75 Washington Ave

    General Information

    Size
    10,308 SF
    Lot size
    2.70 Acres

    Source: The Boulos Company Agent Brice O'Connor

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Renovated Office Space in Portland

    Available for lease is a 10,308±SF office suite located in an iconic mixed-use building in Portland Peninsula. The suite was completely renovated in 2020 and features high-end finishes. The office space includes numerous offices and conference rooms with glass storefronts, high ceilings, and brick & beam construction. On-site parking is available. The property is situated in the heart of inner Washington Avenue at the base of Munjoy Hill, a vibrant neighborhood with retail and food & beverage businesses. It offers easy access to I-295 and the Back Cove trail. The sublease rate is $22.00/SF NNN.
    Location Intelligence

    Current Use by Public Records

    Office space

    Suggested Use

    Realty agency Dental Office Restaurant Spa & Massage Hair Salon Nail Salon Building Supply Daycare Center Kitchen & Bath Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Portland
    County
    Cumberland
    State
    Maine
    Longitude
    -70.2518704
    Latitude
    43.6652783

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    FAQs

    What type of property is this?
    Office space - 10,308±SF office suite in iconic mixed-use building for lease.
    Where is this office space located?
    The property is located at 55-75 Washington Ave Portland, ME.
    What is the lease rate?
    The lease rate is $18 SF/Yr.
    What are key features of this property?
    This property features: - 10,308±SF office suite in an iconic mixed-use building.; - Prime location in the heart of inner Washington Avenue at the base of Munjoy Hill.; - Completely renovated in 2020 with high-end finishes.
    (603) 674-2272
    Request Owner's contact information
    55-75 Washington Ave Portland, ME 04106
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    55-75 Washington Ave Portland, ME 04106
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