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Multi-Suite Mixed-Use Property
New
For Lease
$12.50 SF/Yr

550 Washington Avenue, Portland, ME 04103

Three suites offer retail/office, flex, and small-bay industrial configurations.

Space Size1,477 SF - 2,306 SF
Property Size9,045 SF
Days on Market3

Property Features for 550 Washington Avenue

General Information

Standard status Active
Size 1,477 SF - 2,306 SF
Property subtype Retail
Lease Term MG

Building Details

Building Size 9,045 SF
Year Built 1930

Spaces For Lease

at 550 Washington Avenue Contact us

Suite A $12.50/SF/Yr

Size
1,477 SF
Type
Retail/Office
Term
Negotiable
Contact us

Suite B $12.50/SF/Yr

Size
2,306 SF
Type
Flex Space
Term
Negotiable
Contact us

Suite C $12.50/SF/Yr

Size
1,660 SF
Type
Flex Space
Term
Negotiable
Contact us
Listing Agency: The Boulos Company
Listed By: Noah Stebbins · License #BR928219
Source: Boulos
Added: Sep 24 Changed: Sep 26 Last Checked: Sep 26 at 5:16AM

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 1930 building in Portland contains three separate suites. Suite A provides two-story retail and office space, while Suite B is configured for flex use. Suite C offers small-bay industrial space with two loading docks, and it can be joined with Suite B.

The property is on Washington Avenue in the East Deering area of Portland, within a densely developed neighborhood. Its setting provides access to nearby residential areas, local businesses, and the wider Portland market.

Key Highlights

  • Three suites measure 1,477± SF, 2,306± SF, and 1,660± SF
  • Suite A is two stories and configured for retail and office use
  • Suite C has two loading docks

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Locksmith Pet Grooming Service Daycare Center Florist Mobile Phone 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
$1.88 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

4,493
Businesses Nearby

Demographics for 04103, ME

31,185
Population
14,336
Households
2.2
Avg Household Size
40
Median Age
58%
College-Educated
97%
High-School Grad
10.2 sq mi
ZIP Area
3,057
Density / Sq Mi
$90,682
Median Household Income
$48,640
Median Earnings
$1,571
Median Rent
$421,800
Median Home Value

Market

Vacancy Rate% for Industrial in Northeast region

5.4% 2019
4.6% 2020
3.2% 2021
3.3% 2022
5.3% 2023
6.6% 2024
7.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Three suites offer retail/office, flex, and small-bay industrial configurations.
Where is this mixed-use property located?
The property is located at 550 Washington Avenue Portland, ME.
What is the lease rate?
The lease rate is $12.50 SF/Yr.
What are key features of this property?
This property features: Three suites measure 1,477± SF, 2,306± SF, and 1,660± SF; Suite A is two stories and configured for retail and office use; Suite C has two loading docks
More about this property
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