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    24 City Ctr Portland, ME 04101

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    For Lease
    $23 SF/Yr ($2,278 /Mo)

    Distinguished office space in Portland's vibrant Old Port district.

    Property size:
    1,189 SF
    Lot size:
    0.05 Acres

    Property Features for 24 City Ctr

    General Information

    Size
    1,189 SF
    Lot size
    0.05 Acres

    Source: The Dunham Group Agent James D. Harnden

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

    Overview

    Historic Office Space in Portland

    This distinguished five-story historic brick building offers up to 18,318 square feet of office space. It is prominently located in the heart of Portland’s Old Port /downtown district. The property offers tenants an opportunity to establish their presence in one of Maine’s most vibrant business and cultural hubs. The property size is 1189 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    R. M. Davis ... Financial Consultant

    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
    -70.2575354
    Latitude
    43.6571035

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    FAQs

    What type of property is this?
    Office space - Distinguished office space in Portland's vibrant Old Port district.
    Where is this office space located?
    The property is located at 24 City Ctr Portland, ME.
    What is the lease rate?
    The lease rate is $23 SF/Yr.
    What are key features of this property?
    This property features: - Prominent location in the heart of Portland's Old Port/downtown district.; - Up to 18,318± SF of office space available.; - Distinguished five-story historic brick building.
    (207) 773-7100
    Request Owner's contact information
    24 City Ctr 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
    24 City Ctr Portland, ME 04101
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