Historic Class A Waterfront Office
For Lease
Contact for pricing
254 Commercial St, Portland, ME 04101
Fully renovated Class A office suites with exposed beams, new HVAC, and energy-efficient windows in a marine-zoned building.
Space Size870 SF
Days on Market266
Property Features for 254 Commercial St
General Information
Standard status
Active
Size
870 SF
Class
A
Property subtype
OFFICE
Lease Type
Gross
Building Details
Construction
brick & beam
Tenancy
Multi
Spaces For Lease
at 254 Commercial St Contact us- Floor
- 1
- Size
- 870 SF
- Type
- OFFICE
- Lease Type
- GROSS
- Availability
- AVAILABLE
Merrill's Wharf $2,175/Mo
Historic, fully renovated Class A office building on Portland’s waterfront with...
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Listing Agency:
The Boulos Company
(207) 240-0032
Listed By:
Derek Miller · License #918125
(207) 240-0032
Source:
Moodyscre
Added: Nov 19, 2025
Changed: Aug 8
Last Checked: Aug 11 at 12:00PM
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.
Historic, fully renovated Class A office building offering exposed beams, brick walls, and sweeping views of Portland Harbor. Building improvements include new energy-efficient windows, new HVAC systems, and upgraded lighting. Various suites are available immediately, with configurations designed for office use within the existing building.
Marine use is permitted only, per zoning. The property is located on Portland’s waterfront, with a Walk Score of 87. Tenants in the building include Pierce Atwood, Ocean Renewable Power Company, and Executive Office Center, among others. Parking is available in surrounding surface lots and garages.
Marine use is permitted only, per zoning. The property is located on Portland’s waterfront, with a Walk Score of 87. Tenants in the building include Pierce Atwood, Ocean Renewable Power Company, and Executive Office Center, among others. Parking is available in surrounding surface lots and garages.
Key Highlights
- Historic, fully renovated Class A office building on Portland’s waterfront
- Renovations include new energy‑efficient windows, new HVAC systems, and upgraded lighting
- Exposed beams and brick walls, with sweeping views of Portland Harbor
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
NNN (Triple Net)
Lease Type
$4.50 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
6,012
Businesses Nearby
Explore this area
Business Placement
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
Vacancy Rate% for Office in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - Fully renovated Class A office suites with exposed beams, new HVAC, and energy-efficient windows in a marine-zoned building.
Where is this office units located?
The property is located at 254 Commercial St Portland, ME.
What is the lease rate?
The lease rate is $2,175/Mo.
What are key features of this property?
This property features: Historic, fully renovated Class A office building on Portland’s waterfront; Renovations include new energy‑efficient windows, new HVAC systems, and upgraded lighting; Exposed beams and brick walls, with sweeping views of Portland Harbor
