Office Condo with Deeded
For Sale
$549,000
428 Cumberland Avenue #4, Portland, ME 04101
Professional office condo with deeded parking and B3 zoning near Portland’s Business and Arts District.
Property Size7,200 SF
Days on Market791
Property Features for 428 Cumberland Avenue #4
General Information
Standard status
Active
Size
7,200 SF
Property subtype
Commercial
Zoning
B3
Taxes and HOA fees
Annual Taxes
$17,540
Building Details
Building Size
7,200 SF
Year Built
1992
Listing Agency:
Lucas Real Estate
(207) 838-4022
Listed By:
Daniel Lucas
(207) 838-4022
Source:
Startpoint
Added: Jul 1, 2024
Changed: Aug 30
Last Checked: Aug 30 at 5:40AM
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 Lucas Real Estate
Investment Insights
Based on property information with market context.
This 7,200-square-foot office condominium at 428 Cumberland Avenue, #4, combines professional workspace with flexibility for creative-oriented commercial use. The property is identified for office occupancy, an art gallery, or other creative retail applications, and includes 8 deeded Gateway parking spaces. Built in 1992, the unit is located in Portland’s Business and Arts District on the Peninsula. The space was formerly occupied by Gateway Mastering Studios, providing a distinctive identity within a professional office setting.
Key Highlights
- 7,200‑square‑foot office condominium
- 8 deeded Gateway parking spaces
- B3 zoning
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
5,750
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - Professional office condo with deeded parking and B3 zoning near Portland’s Business and Arts District.
Where is this office units located?
The property is located at 428 Cumberland Avenue #4 Portland, ME.
What is the asking price?
The asking price for this property is $549,000.
What are key features of this property?
This property features: 7,200‑square‑foot office condominium; 8 deeded Gateway parking spaces; B3 zoning
