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Renovated Waterfront Office with Harbor Views
For Lease
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254 Commercial St, Portland, ME 04101

Historic Class A office space with exposed beams and brick.

Space Size78 SF - 870 SF
Lot Size1.33 Acres
Days on Market478

Property Features for 254 Commercial St

General Information

Standard status Active
Size 78 SF - 870 SF
Lot size 1.33 Acres
Property subtype EXECUTIVE_SUITES
Lease Type Gross

Spaces For Lease

at 254 Commercial St Contact us

Merrill's Wharf Office Space $1,305/Mo

Size
460 SF
Type
EXECUTIVE_SUITES
Lease Type
GROSS
Availability
AVAILABLE
Historic, fully renovated Class A office building on Portland’s waterfront with...
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Merrill's Wharf Office Space $2,050/Mo

Size
715 SF
Type
EXECUTIVE_SUITES
Lease Type
GROSS
Availability
AVAILABLE
Historic, fully renovated Class A office building on Portland’s waterfront with...
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Contact us

Merrill's Wharf $2,175/Mo

Floor
1
Size
870 SF
Type
OFFICE
Lease Type
GROSS
Availability
AVAILABLE
Historic, fully renovated Class A office building on Portland’s waterfront with...
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Contact us

Suite 251 $650/Mo

Floor
2
Size
78 SF
Type
OFFICE
Lease Type
GROSS
Availability
AVAILABLE
Historic, fully renovated Class A office building on Portland’s waterfront with...
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Contact us
Listing Agency: The Boulos Company
Listed By: Derek Miller · License #918125
Source: Moodyscre
Added: Apr 22, 2025 Changed: Aug 8 Last Checked: Aug 11 at 2:26PM

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 The Boulos Company

Investment Insights

Based on property information with market context.

This historic, fully renovated Class A office building is situated on Portland’s waterfront, offering exposed beams, brick walls, and sweeping views of Portland Harbor. Building renovations include new energy efficient windows, new HVAC systems, and upgraded lighting. The location has a Walk Score of 87. Parking is available in surrounding surface lots and garages. Various suites are available immediately, ranging from 166 to 1,175 square feet. The property size is 460 square feet. Note that zoning is for marine use only.

Key Highlights

  • Prime waterfront location with sweeping views of Portland Harbor.
  • Fully renovated, historic Class A office building.
  • New energy‑efficient windows, HVAC systems, and upgraded lighting.

Property Analytics

Current Use

Foley Buhl Roberts ... Structural Engineer Sulloway & Hollis PLLC Law Firm Pierce Atwood LLP Law Firm Kern Brenda Insurance Agency Beard Sarah H Law Firm

Suggested Use

Top Pick Auto Parts Store Dental Office (Bike/Boat/Book/etc) Store Locksmith HVAC Service Carpet & Flooring 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

6,012
Businesses Nearby

Demographics for 04101, ME

18,109
Population
11,510
Households
1.6
Avg Household Size
36
Median Age
57%
College-Educated
93%
High-School Grad
2.0 sq mi
ZIP Area
9,055
Density / Sq Mi
$60,726
Median Household Income
$45,009
Median Earnings
$1,457
Median Rent
$600,600
Median Home Value

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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office units - Historic Class A office space with exposed beams and brick.
Where is this office units located?
The property is located at 254 Commercial St Portland, ME.
What is the lease rate?
The lease rate is $650/Mo.
What are key features of this property?
This property features: Prime waterfront location with sweeping views of Portland Harbor.; Fully renovated, historic Class A office building.; New energy‑efficient windows, HVAC systems, and upgraded lighting.
(207) 240-0032 Call to check price and availability
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