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Retail/Office Space on Marginal Way
For Lease
$38 SF/Yr

191 Marginal Way, Portland, ME 04101

Retail/office space in a mixed-use building with high visibility.

Space Size3,522 SF
Property Size16,750 SF
Days on Market338

Property Features for 191 Marginal Way

General Information

Standard status Active
Size 3,522 SF
Property subtype Retail
Lease Term NNN

Building Details

Building Size 16,750 SF
Year Built 1969

Spaces For Lease

at 191 Marginal Way
191 Marginal Way $38/SF/Yr
Size 3,522 SF
Type Street Retail
Term Negotiable
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Listed By: Greg Boulos
Source: Boulos
Added: Nov 24, 2025 Changed: Oct 25 Last Checked: Oct 26 at 12:57PM

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 Greg Boulos

Rey
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Investment Insights

Based on property information with market context.

This property offers between 1,620 and 3,522 square feet of retail or office space. The location is exceptionally well-situated within a mixed-use building, boasting a walkability score of 93. The property features frontage on Marginal Way and high exposure to I-295. This presents a rare opportunity for retail, office, and medical users to join anchor tenants ConvenientMD, Dunkin’, Thrive Dental Studio, and PetMedic. The property is located close to I-295 on and off ramps, with combined traffic counts exceeding 70,000 per day.

Key Highlights

  • High‑traffic location with Marginal Way frontage and exposure to I‑295.
  • Excellent walkability score of 93** in a mixed‑use building.
  • Anchor tenants include ConvenientMD, Dunkin’, Thrive Dental Studio and PetMedic.

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Thrive Dental Studio Dental Office Sham Khalsa, MD Physician LabCorp Medical Laboratory Portland PetMedic Urgent ... Veterinary Clinic Dunkin' Restaurant

Suggested Use

Top Pick Auto Parts Store (Bike/Boat/Book/etc) Store Locksmith Pet Grooming Service Daycare Center HVAC Service

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
$5.70 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

4,628
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
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Market

Lease Benchmarks for Portland, ME

$18.81 /SF/Yr
Avg Asking Price
$6.41–$38 /SF/Yr
Price Range
3,555 SF
Avg Space Size

This space is priced 102% above the average of $18.81 /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 unit - Retail/office space in a mixed-use building with high visibility.
Where is this office unit located?
The property is located at 191 Marginal Way Portland, ME.
What is the lease rate?
The lease rate is $38 SF/Yr.
What are key features of this property?
This property features: High‑traffic location with Marginal Way frontage and exposure to I‑295.; Excellent walkability score of 93** in a mixed‑use building.; Anchor tenants include ConvenientMD, Dunkin’, Thrive Dental Studio and PetMedic.
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