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Class A Office Sublease
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16 Middle St, Portland, ME

5,374± SF Class A office space for sublease.

Space Size5,374 SF
Lot Size0.28 Acres
Days on Market470

Property Features for 16 Middle St

General Information

Standard status Active
Size 5,374 SF
Lot size 0.28 Acres
Property subtype OFFICE
Lease Type NNN

Spaces For Lease

at 16 Middle St Contact us

Downtown Portland Office Space $22.04/SF/Yr

Floor
3rd
Size
5,374 SF
Type
OFFICE
Lease Type
NNN
Availability
AVAILABLE
Sublease
Yes
- 5,374± SF Class A Office space for Sublease - Ability to sub-divide or share the...
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Listing Agency: Porta & Company
Listed By: Peter Gwilym · License #922193
Source: Moodyscre
Added: May 1, 2025 Changed: Aug 8 Last Checked: Aug 12 at 11:40AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Porta & Company

Investment Insights

Based on property information with market context.

This is a 5,374± SF Class A office space available for sublease. The space was recently built out and renovated in 2024. It features an accessible location just off of Franklin Street. Up to 18 parking spaces are available in an attached garage. The layout includes 4 private offices/meeting rooms, a large flex room, an open work space, and a large kitchenette. The space can be sub-divided or shared with Garrand Moehlenkamp; details are available from the broker. The lease rate is $22.04/SF NNN.

Key Highlights

  • Recently renovated (2024) Class A office space.
  • Up to 18 parking spaces in attached garage.
  • Accessible location just off Franklin Street.

Property Analytics

Current Use

Marcus Clegg Law Firm George J Marcus ... Law Firm Steward Partners Financial Advisor Tilson Telecommunications Service Cloudport CoWorking Coworking & Hybrid Office

Suggested Use

Top Pick Auto Parts Store Auto Repair Shop Building Supply Dental Office HVAC Service Grocery & Convenience Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

6,198
Businesses Nearby

Market

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
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Frequently Asked Questions

What type of property is this?
Office units - 5,374± SF Class A office space for sublease.
Where is this office units located?
The property is located at 16 Middle St Portland, ME.
What is the lease rate?
The lease rate is $22.04 SF/Yr.
What are key features of this property?
This property features: Recently renovated (2024) Class A office space.; Up to 18 parking spaces in attached garage.; Accessible location just off Franklin Street.
(207) 272-4262 Call to check price and availability
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