352 Warren Ave Portland, ME 04103
Office condos with recent updates, natural light, and easy access.
Property Features for 352 Warren Ave
General Information
- Standard status
- Active
- Size
- 2,350 SF
- Lot size
- 0.94 Acres
- Property subtype
- OFFICE
Listing office The Boulos Company (603) 674-2272
Listing date Jun 4, 2025
Source Moodyscre
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.
Key Highlights
- High visibility location with easy access to I‑95 Exit 48.
- 2,350 to 4,700± SF of office space available.
- Currently built out as beautiful office space with recent updates.
Local Financial Insights For Office B
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 | $51.3k | $21.84 |
| − Vacancy | −$6.5k | −$2.75 |
| EGI | $44.9k | $19.09 |
| − OpEx | −$11.2k | −$4.77 |
| NOI | $33.6k | $14.32 |