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    29 Exchange St Portland, ME 04101

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    For Lease
    $450 /Mo ($16 SF/Yr)

    Bright office space in Portland's Old Port District.

    Property size:
    325 SF
    Lot size:
    0.09 Acres

    Property Features for 29 Exchange St

    General Information

    Size
    325 SF
    Lot size
    0.09 Acres

    Source: Akers Associates, Inc. Agent Andrew Juris

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

    Overview

    Professional Office Space in Portland

    Available for lease is professional office space located at 31 Exchange Street in Portland, Maine. The office space is located on the 2nd floor and is accessible via walk-up. The spaces are bright and sunny, featuring hardwood flooring, high ceilings, and freshly painted offices. Each office suite includes a storage closet. Shared bathrooms are available. The base rent includes the cost of heat and electricity. This presents an opportunity for a small office user to be located on Exchange Street in Portland's Old Port District. The property has a size of 325 square feet.
    Location Intelligence

    Current Use by Public Records

    N TO TAIL Korean Restaurant

    Suggested Use

    Realty agency Restaurant Dental Office Spa & Massage Hair Salon Nail Salon Law Firm 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
    -70.2538207
    Latitude
    43.6570813

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    FAQs

    What type of property is this?
    Office space - Bright office space in Portland's Old Port District.
    Where is this office space located?
    The property is located at 29 Exchange St Portland, ME.
    What is the lease rate?
    The lease rate is $16 SF/Yr.
    What are key features of this property?
    This property features: - Prime location on Exchange Street in Portland's Old Port District.; - Utilities (heat and electricity) included in base rent.; - Bright and sunny office spaces with hardwood flooring and high ceilings.
    (207) 774-8300
    Request Owner's contact information
    29 Exchange St 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
    29 Exchange St Portland, ME 04101
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