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Newly Renovated Two-Story Office Building
For Lease
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408 Broadway, South Portland, ME 04106

Free-standing two-story building with open floor plans on both levels and ample parking at a convenient corner location.

Space Size4,400 SF
Days on Market49

Property Features for 408 Broadway

General Information

Standard status Active
Size 4,400 SF
Net Rentable 4,400 SF
Property subtype OFFICE
Lease Type SF/mo

Space & Availability

Available Space 4,400 SF
Contiguous Space 4,400 SF

Building Details

Stories 2
Building Size 4,400 SF

Spaces For Lease

at 408 Broadway Contact us

Multi-Use Space For Lease $4,000/SF/Mo

Contact us
Listing Agency: Malone Commercial Brokers
Listed By: Andrew Ingalls · License #112114
Source: Moodyscre
Added: Jun 16 Changed: Jul 29 Last Checked: Aug 3 at 9:44AM

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 newly renovated, free-standing two-story multi-use building offers open floor plans on both levels, with flexible space layout for a variety of office uses. The property includes approximately 2,400± SF of total space and is designed for easy tenant flow, supported by an open configuration on each floor.

Located at 408 Broadway in South Portland, the building sits on a convenient corner location and provides ample parking for visitors and day-to-day operations. The combination of renovated condition, two-level layout, and open floor plans can support a range of office layouts and staffing needs.

The property’s core strengths are its fresh renovation, multi-level open floor plan setup, and on-site parking in a corner setting.

Key Highlights

  • Newly renovated free‑standing two‑story multi‑use building
  • Approximately 2,400± SF total building size
  • Open floor plans on both levels

Property Analytics

Current Use

Office buildings

Suggested Use

Top Pick Dental Office Parking Lot & Garage HVAC Service Electrical Service Furniture & Home Goods 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
$1.64 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

749
Businesses Nearby

Demographics for 04106, ME

26,641
Population
12,849
Households
2.1
Avg Household Size
41
Median Age
49%
College-Educated
95%
High-School Grad
12.2 sq mi
ZIP Area
2,184
Density / Sq Mi
$83,744
Median Household Income
$47,818
Median Earnings
$1,642
Median Rent
$403,500
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 building - Free-standing two-story building with open floor plans on both levels and ample parking at a convenient corner location.
Where is this office building located?
The property is located at 408 Broadway South Portland, ME.
What is the lease rate?
The lease rate is $4,000 /Mo.
What are key features of this property?
This property features: Newly renovated free‑standing two‑story multi‑use building; Approximately 2,400± SF total building size; Open floor plans on both levels
(207) 671-6162 Call to check price and availability
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