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Three-Story Retail Office Building
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266 Commercial St, Portland, ME 04101

New construction will deliver vanilla shell retail on the first floor and office space on two upper floors.

Space Size3,693 SF
Days on Market3713

Property Features for 266 Commercial St

General Information

Standard status Active
Size 3,693 SF
Property subtype OFFICE
Lease Type NNN

Building Details

Stories 3

Spaces For Lease

at 266 Commercial St Contact us

3rd Floor Office $20 – $22/SF/Yr

Floor
3rd Fl
Size
3,693 SF
Type
OFFICE
Lease Type
NNN
Availability
AVAILABLE
Sublease
No
NEW CONSTRUCTION ON PORTLAND’S WATEFRONT: Three-story, 22,051 sf retail/office...
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Listing Agency: The Boulos Company
Listed By: Derek Miller · License #918125
Source: Moodyscre
Added: Jun 13, 2016 Changed: Aug 8 Last Checked: Aug 12 at 4:54AM

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.

A three-story, approximately 22,051-square-foot retail/office building is being constructed for delivery as a vanilla shell. The first floor will provide approximately 6,689 square feet of marine retail/office space, with two additional floors totaling approximately 15,362 square feet of office space across the second and third levels. Full or half floor configurations will be available.

The property is located at 266 Commercial St in Portland, Maine, with a walk score of 93.

Tenancy options include full or half floor office configurations, while the ground floor is planned for marine-oriented retail/office use. Availability is expected 9–12 months from lease execution.

Key Highlights

  • Three‑story, 22,051 SF retail/office building under construction on Portland’s waterfront
  • Planned space mix: 6,689 SF first‑floor marine retail/office plus two 7,681 SF office floors (2nd & 3rd)
  • Full or half floor office configurations available on the 2nd and 3rd floors

Property Analytics

Current Use

Office Units

Suggested Use

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

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
$3.00 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

2,277
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
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Frequently Asked Questions

What type of property is this?
Office units - New construction will deliver vanilla shell retail on the first floor and office space on two upper floors.
Where is this office units located?
The property is located at 266 Commercial St Portland, ME.
What is the lease rate?
The lease rate is $20 SF/Yr.
What are key features of this property?
This property features: Three‑story, 22,051 SF retail/office building under construction on Portland’s waterfront; Planned space mix: 6,689 SF first‑floor marine retail/office plus two 7,681 SF office floors (2nd & 3rd); Full or half floor office configurations available on the 2nd and 3rd floors
(207) 240-0032 Call to check price and availability
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