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Elevator-Served Office Units
For Lease
$15 SF/Yr

24 Preble St, Portland, ME 04101

Flexible office accommodation spans two full floors with convenient elevator connectivity in downtown Portland.

Space Size7,920 SF
Property Size15,840 SF
Days on Market91

Property Features for 24 Preble St

General Information

Standard status Active
Size 7,920 SF
Net Rentable 3,960 SF
Class B
Elevators Yes
Property subtype Office
Lease Type Modified Gross
Lease Term MG

Space & Availability

Available Space 3,960-7,920 SF
Contiguous Space 3,960 SF
Divisible Yes
Space Use Office
Sublease No

Building Details

Building Size 15,840 SF
Year Built 1900

Spaces For Lease

at 24 Preble St Contact us

24 Preble Street $15/SF/Yr

Size
7,920 SF
Type
Office Building
Term
Negotiable
Contact us
Listing Agency: The Boulos Company Portland
Listed By: Joseph Italiaander · License #BA923466
Source: Boulos
Added: Jun 2 Changed: Aug 31 Last Checked: Aug 31 at 1:04PM

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 Portland

Investment Insights

Based on property information with market context.

Office units are available across two full floors, offering approximately 3,960 square feet per floor and a combined range of 3,960–7,920± square feet. Each floor has direct elevator access, providing a practical configuration for office users seeking contiguous space in an established building completed in 1900.

The property is located at 24 Preble St in downtown Portland, directly across from the new MainePublic headquarters. Congress Street hotel redevelopment activity is nearby, while the Portland Public Market and a parking garage are both within steps of the building.

Key Highlights

  • 3,960–7,920± SF of office space available across two floors
  • Two full 3,960± SF floors with direct elevator access
  • Downtown Portland location at 24 Preble St

Property Analytics

Current Use

The Greater Portland Immigrant ... Charitable Organization Lorenz Paul Insurance Agency G Painting and Services Painting Hour Exchange Portland Charitable Organization Spectrum's Store Marketing & Advertising

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Pet Grooming Service Locksmith Auto Parts Store Tanning Salon Adult Day Care

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
$2.25 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

6,466
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

$20.65 /SF/Yr
Avg Asking Price
$12–$28 /SF/Yr
Price Range
3,936 SF
Avg Space Size

This space is priced 27% below the average of $20.65 /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
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Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office units - Flexible office accommodation spans two full floors with convenient elevator connectivity in downtown Portland.
Where is this office units located?
The property is located at 24 Preble St Portland, ME.
What is the lease rate?
The lease rate is $15 SF/Yr.
What are key features of this property?
This property features: 3,960–7,920± SF of office space available across two floors; Two full 3,960± SF floors with direct elevator access; Downtown Portland location at 24 Preble St
More about this property
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