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Downtown Office Space
For Lease
$19.75 SF/Yr

15 Franklin St, Portland, ME 04101

Office suites available in a downtown Portland building with on-site parking.

Space Size13,492 SF
Property Size35,178 SF
Days on Market161

Property Features for 15 Franklin St

General Information

Standard status Active
Size 13,492 SF
Class B
Property subtype Office
Lease Term NNN

Building Details

Building Size 35,178 SF
Year Built 1900

Spaces For Lease

at 15 Franklin St
Units 2B & 3 $19.75/SF/Yr
Size 13,492 SF
Type Office Building
Term Negotiable
Contact us
Listing Agency: The Boulos Company
Listed By: Brice O'Connor · License #BR926097
Source: Boulos
Added: May 14 Changed: Oct 10 Last Checked: Oct 20 at 6:11PM

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

Rey
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Investment Insights

Based on property information with market context.

This offering provides office space ranging from 4,536 to 13,492 square feet in a commercial office building in downtown Portland. The available layout supports a range of office suite sizes to accommodate different space requirements.

The property includes on-site parking for tenant and visitor convenience.

The suites are available for rent and are presented as part of a single downtown office building at 15 Franklin Street.

Key Highlights

  • Office suites available in a downtown Portland building
  • Suite size range: 4,536 to 13,492± SF
  • On‑site parking available

Property Analytics

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Current Use

Freeport Metrics (Bike/Boat/Book/etc) Store Hunter Panels LLC Roofing Company AmpUp Charging Station Electric Vehicle Charging Station Mainebiz Publishing House Cloutier Andrew J Law Firm

Suggested Use

Top Pick Auto Parts Store Auto Repair Shop Building Supply Dental Office HVAC Service Locksmith

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
$2.96 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

4,775
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Portland, ME

$15.11 /SF/Yr
Avg Asking Price
$9–$21 /SF/Yr
Price Range
25,531 SF
Avg Space Size

This space is priced 31% above the average of $15.11 /SF/Yr.

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

Frequently Asked Questions

What type of property is this?
Office building - Office suites available in a downtown Portland building with on-site parking.
Where is this office building located?
The property is located at 15 Franklin St Portland, ME.
What is the lease rate?
The lease rate is $19.75 SF/Yr.
What are key features of this property?
This property features: Office suites available in a downtown Portland building; Suite size range: 4,536 to 13,492± SF; On‑site parking available
More about this property
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