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    56 Northport Dr Portland, ME 04103

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    For Sale
    $3,925,000

    22,150 SF office building, 100% leased, excellent location.

    Property size:
    22,150 SF
    Lot size:
    19.91 Acres

    Property Features for 56 Northport Dr

    General Information

    Size
    22,150 SF
    Lot size
    19.91 Acres

    Source: Compass Commercial Brokers, LLC Agent Steve M Baumann

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

    Overview

    Fully Leased Portland Office Building

    Located at 56 Northport Drive in Portland, Maine, this 22,150 square foot office building is 100% leased. The property is situated at the intersection of Allen Avenue and Washington Avenue, providing access to I-295 and nearby business areas. The building is occupied by a mix of tenants, including Merchant Focus Processing, the Department of Workers Compensation, EA Fitness & Performance, Goodwill Industries of Northern New England, and Apex Residential Support and Services. The property has been recently renovated with upgrades such as new LED lighting throughout and a rubber membrane roof. The building features modern, Class A finishes. Ample on-site parking is available. The property's location offers convenient access to major highways and high visibility, presenting an investment opportunity in the Portland market.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    EA Fitness and Performance Personal Trainer Voice Teleservices Marketing Agency Workers' Compensation Board Government Office Merchant Focus Business To Business Service

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon 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
    -70.286561
    Latitude
    43.6994725

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    FAQs

    What type of property is this?
    Office building - 22,150 SF office building, 100% leased, excellent location.
    Where is this office building located?
    The property is located at 56 Northport Dr Portland, ME.
    What is the asking price?
    The asking price for this property is $3,925,000.
    What are key features of this property?
    This property features: - 100% fully leased office building, providing immediate income.; - Strategically located with unparalleled access to I-295.; - Recently renovated with new LED lighting and rubber membrane roof.
    (207) 831-4063
    Request Owner's contact information
    56 Northport Dr Portland, ME 04103
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    Portland, ME 04103
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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
    56 Northport Dr Portland, ME 04103
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