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    443 Congress St Portland, ME 04101

    For Lease
    $14 SF/Yr

    Downtown Portland Office, 5,280 SF Available

    Lot size:
    48,768 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional commercial property at 443 Congress Street in Portland, Maine offers a unique opportunity for businesses seeking executive office space. Located in the heart of the city's vibrant downtown, this multi-tenant building boasts a total of 48,768 square feet, with 5,280 square feet currently available for lease. The space is ideally suited for businesses requiring a prominent address and ample room for operations. The building's B3 - Downtown Business zoning allows for a wide range of commercial uses. The property's address is 443 Congress Street, Portland, ME 04101, within Cumberland County. The property features a convenient location, easily accessible to major transportation routes and amenities. The available space presents a blank canvas for customization, allowing tenants to design their ideal workspace. With its strategic location and substantial square footage, this property represents a compelling investment opportunity for businesses seeking to establish or expand their presence in Portland's thriving commercial district. The property's APN is 027 B002. This is a retail and office space, currently configured as multiple tenancies. The available space totals 5,280 square feet. This is an excellent opportunity to secure a prominent location in a bustling downtown area.

    Property Features for 443 Congress St

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    48,768 SF
    Total Rate
    56896

    Unit(s) available at that property

    Space
    Available Space
    Size
    5,280 SF
    Rate per SF
    $14

    HighLights

    • 5,280 SF of subdividable street‑level retail/office space in downtown Portland, ME.
    • Free rent incentive available (contact broker for details).
    • Excellent opportunity for restaurant, retail, or office users in the Monument Square area.
    • Additional finished basement storage space included.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Planned Parenthood - Portland ... Reproductive Health Clinic One & Two Monument ... Business Center Anna Mead Nurse Practitioner BRONWEN BERLEKAMP O'WRIL Nurse Practitioner Lumber State Awning ... Contractor

    Suggested Use

    Realty agency Restaurant Dental Office Spa & Massage Hair Salon Law Firm Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Portland
    County
    Cumberland
    State
    Maine
    Longitude
    -70.258744776829
    Latitude
    43.657691319206

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    FAQs

    What type of property is this?
    Retail property - Downtown Portland Office, 5,280 SF Available
    Where is this retail property located?
    The property is located at 443 Congress St Portland, ME.
    What is the lease rate?
    The lease rate is $14 SF/Yr.
    What are key features of this property?
    This property features: 5,280 SF of subdividable street-level retail/office space in downtown Portland, ME.; Free rent incentive available (contact broker for details).; Excellent opportunity for restaurant, retail, or office users in the Monument Square area.
    Request Owner's contact information
    443 Congress St Portland, ME 04101
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    Portland, ME 04101
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    443 Congress St Portland, ME 04101
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