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    110 Free St Portland, ME 04101

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    For Sale
    $16,000,000

    85,972 SF office building with redevelopment potential.

    Property size:
    85,972 SF
    Lot size:
    1.03 Acres

    Property Features for 110 Free St

    General Information

    Size
    85,972 SF
    Lot size
    1.03 Acres

    Source: Malone Commercial Brokers Agent Joseph Malone

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

    Overview

    Portland Office Building For Sale

    This property features an 85,972 square foot office building, a 4,300 square foot retail building, and two parking lots providing a total of 172 spaces. The office building presents potential for redevelopment into residential use. The layout includes an open floor plan with 13 traditional offices. The ground floor features a board room, a 350-person conference center, a health facility, a catering kitchen, and an outdoor deck that offers views of Portland Harbor. A $15 million renovation was completed in 2010 for MaineHealth’s corporate headquarters.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Vax Maine Kids Children'S Hospital Maine Physician Hospital ... Association Or Organization MaineHealth Non-Profit Organization Smoke-Free Housing Coalition ... Property Management Company Dr. Jacquelyn Cawley Family Practice Physician

    Suggested Use

    Realty agency Restaurant Dental Office Spa & Massage Hair Salon Law Firm Nail Salon Building Supply Clothing Store 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
    -70.2608332
    Latitude
    43.6546856

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    FAQs

    What type of property is this?
    Office building - 85,972 SF office building with redevelopment potential.
    Where is this office building located?
    The property is located at 110 Free St Portland, ME.
    What is the asking price?
    The asking price for this property is $16,000,000.
    What are key features of this property?
    This property features: - 85,972± SF office building with potential for residential redevelopment.; - Substantial $15 million renovation completed in 2010.; - Includes a 4,300± SF retail building and two parking lots with 172± spaces.
    (207) 772-2422
    Request Owner's contact information
    110 Free St Portland, ME 04101
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    Portland, ME 04101
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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
    110 Free St Portland, ME 04101
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