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Multi-Tenant Office Building
For Sale
$2,450,000

5 Depot St, Freeport, ME 04032

Downtown Freeport property near LL Bean and Freeport Village shops with covered parking.

Property Size24,779 SF
Days on Market70

Property Features for 5 Depot St

General Information

Standard status Active
Size 24,779 SF
Class B
Property subtype Office - General Office

Building Details

Building Size 24,779 SF
Year Built 1985
Year Renovated 2019
Units 9
Tenancy Multi
Listing Agency: The Boulos Company
Listed By: Andrew Sigfridson
Source: Commercialcafe
Added: Jun 23 Changed: Aug 29 Last Checked: Aug 30 at 1:17PM

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 multi-tenant office building at 5 Depot St in Freeport, Maine, was constructed in 1985. The property is situated in the downtown area, placing it near LL Bean and the shops of Freeport Village.

Covered parking is available at no charge, adding a practical amenity for occupants and visitors. The property is offered as a multi-tenant commercial asset in the center of Freeport.

Key Highlights

  • Multi‑tenant office property at 5 Depot St, Freeport, ME 04032
  • Constructed in 1985
  • Downtown Freeport location

Property Analytics

Current Use

Casco Bay Cutlery ... Furniture & Home Goods Shondra Jin Skincare Medical Clinic Victorinox Swiss Army ... Association / Organization Edward Jones - Financial ... Financial Advisor Coastal Legal, LLC Law Firm

Suggested Use

Top Pick Auto Repair Shop Dental Office Pharmacy Storage Facility Building Supply Nail Salon

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

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

531
Businesses Nearby

Demographics for 04032, ME

8,737
Population
4,133
Households
2.1
Avg Household Size
47
Median Age
57%
College-Educated
94%
High-School Grad
34.7 sq mi
ZIP Area
252
Density / Sq Mi
$108,864
Median Household Income
$48,222
Median Earnings
$1,436
Median Rent
$445,800
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
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Frequently Asked Questions

What type of property is this?
Office building - Downtown Freeport property near LL Bean and Freeport Village shops with covered parking.
Where is this office building located?
The property is located at 5 Depot St Freeport, ME.
What is the asking price?
The asking price for this property is $2,450,000.
What are key features of this property?
This property features: Multi‑tenant office property at 5 Depot St, Freeport, ME 04032; Constructed in 1985; Downtown Freeport location
More about this property
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