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Renovated Waterfront Office Building
For Lease
$650/Mo

254 Commercial St, Portland, ME 04101

Historic Class A office space with harbor views.

Space Size78 SF - 870 SF
Property Size95,000 SF
Days on Market157

Property Features for 254 Commercial St

General Information

Standard status Active
Size 78 SF - 870 SF
Class A
Property subtype Office
Lease Term Gross

Building Details

Building Size 95,000 SF

Spaces For Lease

at 254 Commercial St Contact us

Suite 105 $2,175/Mo

Size
870 SF
Type
Office Building
Term
Negotiable
Contact us

Suite 207 $2,050/Mo

Size
715 SF
Type
Office Building
Term
Negotiable
Contact us

Suite 208 $1,305/Mo

Size
460 SF
Type
Office Building
Term
Negotiable
Contact us

Suite 251 $650/Mo

Size
78 SF
Type
Office Building
Term
Negotiable
Contact us
Listing Agency: The Boulos Company
Listed By: Derek Miller · License #918125
Source: Boulos
Added: Mar 26 Changed: Aug 26 Last Checked: Aug 28 at 8:55AM

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.

This is a historic, fully renovated Class A office building located on Portland’s waterfront. The property features exposed beams and brick walls, offering sweeping views of Portland Harbor. It is situated in downtown Portland, Maine, providing convenient access to the waterfront and its amenities.

Key Highlights

  • Fully renovated Class A office building.
  • Prime waterfront location in downtown Portland, Maine.
  • Sweeping views of Portland Harbor.

Property Analytics

Current Use

Foley Buhl Roberts ... Structural Engineer Sulloway & Hollis PLLC Law Firm Pierce Atwood LLP Law Firm Kern Brenda Insurance Agency Beard Sarah H Law Firm

Suggested Use

Top Pick Auto Parts Store Dental Office (Bike/Boat/Book/etc) Store Locksmith HVAC Service Carpet & Flooring 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

Location Intelligence

Trade Area within ½ mile

6,012
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

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 building - Historic Class A office space with harbor views.
Where is this office building located?
The property is located at 254 Commercial St Portland, ME.
What is the lease rate?
The lease rate is $650/Mo.
What are key features of this property?
This property features: Fully renovated Class A office building.; Prime waterfront location in downtown Portland, Maine.; Sweeping views of Portland Harbor.
More about this property
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