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    266 Commercial St Portland, ME 04102

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    For Lease
    $20 SF/Yr ($6,646 /Mo)

    New construction retail and office space on Portland's waterfront.

    Property size:
    3,988 SF
    Lot size:
    8.10 Acres

    Property Features for 266 Commercial St

    General Information

    Size
    3,988 SF
    Lot size
    8.10 Acres

    Source: The Boulos Company Agent Derek Miller

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

    Overview

    New Waterfront Retail/Office Building

    A new three-story building is under construction on Portland's waterfront, offering a total of 22,051 square feet of retail and office space. The first floor provides 6,689 square feet of marine retail and office space, while the second and third floors each offer 7,681 square feet of office space. Full or half-floor configurations are available. The space will be delivered as a vanilla shell. The location has a walk score of 93. The space is expected to be available 9-12 months from lease execution.
    Location Intelligence

    Current Use by Public Records

    Office space

    Suggested Use

    Realty agency Restaurant Spa & Massage Dental Office Law Firm Hair Salon Nail Salon Building Supply Auto Repair Shop Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Portland
    County
    Cumberland
    State
    Maine
    Longitude
    -70.2549181
    Latitude
    43.654098

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    FAQs

    What type of property is this?
    Office space - New construction retail and office space on Portland's waterfront.
    Where is this office space located?
    The property is located at 266 Commercial St Portland, ME.
    What is the lease rate?
    The lease rate is $20 SF/Yr.
    What are key features of this property?
    This property features: - New construction retail/office building on Portland's Waterfront.; - Excellent location with an impressive walk score of 93.; - Flexible space configurations: full or half floors available.
    (207) 240-0032
    Request Owner's contact information
    266 Commercial St Portland, ME 04102
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    Portland, ME 04102
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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
    266 Commercial St Portland, ME 04102
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