Office Condominium with
25 Long Creek Dr South Portland, ME 04106
For Sale
Contact for pricing
Well-maintained office condo offering office space plus a daylight basement suited for administrative or professional uses.
Property Size4,530 SF
Price / SF$196.47
Days on Market180
Property Features for 25 Long Creek Dr
General Information
Standard status
Active
Size
4,530 SF
Property subtype
OFFICE
Listing Agency:
Malone Commercial Brokers
(207) 772-2422
Listed By:
Mark Malone · License #911380
(207) 772-2422
Source:
Moodyscre
Added: Jan 30
Changed: Jul 28
Last Checked: Jul 28 at 7:28PM
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 Malone Commercial Brokers
Investment Insights
Based on property information with market context.
This for-sale office condominium features available office space in the 4,530± to 6,230± SF range. The configuration includes a 1,700± SF daylight basement level, which can support administrative or other professional uses, alongside the main office areas.
The building is located at 25 Long Creek Dr in South Portland, with a convenient setting near Western Avenue and the Maine Mall and easy access to I-95 and I-295. Ample parking is available for patients, clients, and staff.
The property is described as well-suited for medical, dental, wellness, or clinical services, offering a practical layout for service-oriented office operations in a dedicated, maintained building.
The building is located at 25 Long Creek Dr in South Portland, with a convenient setting near Western Avenue and the Maine Mall and easy access to I-95 and I-295. Ample parking is available for patients, clients, and staff.
The property is described as well-suited for medical, dental, wellness, or clinical services, offering a practical layout for service-oriented office operations in a dedicated, maintained building.
Key Highlights
- Office condo with approximately 4,530±SF to 6,230±SF of office space
- Daylight basement area of approximately 1,700±SF for administrative or professional uses
- Suitable for medical, dental, wellness, or clinical services
Financial Insights For Healthcare Medical
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $122.3k | $27.00 |
| − Vacancy | −$12.3k | −$2.72 |
| EGI | $110.0k | $24.28 |
| − OpEx | −$44.0k | −$9.71 |
| NOI | $66.0k | $14.57 |
4,530 SF · lease $27.00/SF/yr · vacancy 10.09% · expense 40.00%
Alternative Uses
Best Use
Healthcare Medical
$942.6K
$824.8K – $1.10M
NOI $65,981 @ 7.0% cap · market cap 7.41%
Second Best
Office B
$926.5K
$810.7K – $1.08M
NOI $64,852 @ 7.0% cap · market cap 7.29%
Theoretical Best
Office A
$1.25M
$1.09M – $1.45M
NOI $87,155 @ 7.0% cap · market cap 9.79%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Office units - Well-maintained office condo offering office space plus a daylight basement suited for administrative or professional uses.
Where is this office units located?
The property is located at 25 Long Creek Dr South Portland, ME.
What is the asking price?
The asking price for this property is $890,000.
What are key features of this property?
This property features: Office condo with approximately 4,530±SF to 6,230±SF of office space; Daylight basement area of approximately 1,700±SF for administrative or professional uses; Suitable for medical, dental, wellness, or clinical services
