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Historic Office Suite Rentals
For Lease
$26 SF/Yr

22 Free Street, Portland, ME 04101

Office suites are available in multiple sizes, ranging from approximately 724 to 3,181 SF, for lease in Portland’s Old Port.

Space Size724 SF
Property Size38,532 SF
Days on Market122

Property Features for 22 Free Street

General Information

Standard status Active
Size 724 SF
Class B
Property subtype Office
Lease Term MG

Building Details

Building Size 38,532 SF
Year Built 1900

Spaces For Lease

at 22 Free Street Contact us

Suite 302 $26/SF/Yr

Size
724 SF
Type
Office Building
Term
Negotiable
Contact us
Listing Agency: The Boulos Company
Listed By: Derek Miller · License #918125
Source: Boulos
Added: May 8 Changed: Sep 3 Last Checked: Sep 5 at 4:22AM

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.

Office space for lease in Portland’s Old Port, offering a range of suite sizes from approximately 724± SF to 3,181± SF. The building sits within a block that includes a mix of office, retail, restaurant, and service-oriented businesses.

The location is described as just steps from Portland’s Old Port and Central Business District, with a Walk Score of 99. Nearby retailers and services called out in the remarks include Sur Lie, Angela Adams, El Rayo, Bare Waxing, Cliff’s Barbershop, and Mascoma Bank.

Suites are offered as individual office units, allowing prospective tenants to select the size that best fits their needs within the available range.

Key Highlights

  • Office suites for lease in Portland’s Old Port, with suite sizes ranging from 724± SF to 3,181± SF
  • Walk Score of 99
  • Steps away from Portland’s Old Port and the Central Business District

Property Analytics

Current Use

Hood Betsy Family Counselor Stone & Associates Business Management Consultant Margaret Murphy LCSW ... Psychotherapist KEMA, inc. (DNV ... Corporate Office

Suggested Use

Top Pick Auto Parts Store (Bike/Boat/Book/etc) Store Locksmith Pet Grooming Service Tanning Salon Mobile Phone 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
$3.90 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

6,425
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

Lease Benchmarks for Portland, ME

$18.41 /SF/Yr
Avg Asking Price
$12–$28 /SF/Yr
Price Range
4,609 SF
Avg Space Size

This space is priced 41% above the average of $18.41 /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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office units - Office suites are available in multiple sizes, ranging from approximately 724 to 3,181 SF, for lease in Portland’s Old Port.
Where is this office units located?
The property is located at 22 Free Street Portland, ME.
What is the lease rate?
The lease rate is $26 SF/Yr.
What are key features of this property?
This property features: Office suites for lease in Portland’s Old Port, with suite sizes ranging from 724± SF to 3,181± SF; Walk Score of 99; Steps away from Portland’s Old Port and the Central Business District
More about this property
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