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Retail/Office Building Space Available
For Lease
$16 SF/Yr

891 Washington Avenue, Portland, ME 04101

Retail or office space available for lease in Portland, Maine.

Space Size27,600 SF
Days on Market98

Property Features for 891 Washington Avenue

General Information

Standard status Active
Size 27,600 SF
Class A
Property subtype Office
Lease Term NNN

Building Details

Building Size 27,600 SF
Year Built 2001

Spaces For Lease

at 891 Washington Avenue Contact us

Free-Standing Office/Retail Building $16/SF/Yr

Size
27,600 SF
Type
Free-Standing Office/Retail Building
Term
Negotiable
Contact us
Listing Agency: The Boulos Company Portland
Listed By: Drew Sigfridson, SIOR
Source: Boulos
Added: May 27 Changed: Aug 25 Last Checked: Aug 31 at 2:47PM

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 Portland

Investment Insights

Based on property information with market context.

This retail or office building offers spaces ranging from 13,000 to 27,600 square feet. The property is located on Washington Avenue in Portland, Maine.

Key Highlights

  • Retail / Office Building
  • Offering 13,000 - 27,600± SF
  • Year Built: 2001

Property Analytics

Current Use

Retail properties & Spaces

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Locksmith Daycare Center Pet Grooming Service Auto Parts Store Florist

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
$2.40 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

2,361
Businesses Nearby

Demographics for 04101, ME

18,109
Population
11,510
Households
1.6
Avg Household Size
36
Median Age
57%
College-Educated
93%
High-School Grad
2.0 sq mi
ZIP Area
9,055
Density / Sq Mi
$60,726
Median Household Income
$45,009
Median Earnings
$1,457
Median Rent
$600,600
Median Home Value

Market

Lease Benchmarks for Portland, ME

$19.29 /SF/Yr
Avg Asking Price
$7.5–$30.83 /SF/Yr
Price Range
9,203 SF
Avg Space Size

This space is priced 17% below the average of $19.29 /SF/Yr.

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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Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Retail property - Retail or office space available for lease in Portland, Maine.
Where is this retail property located?
The property is located at 891 Washington Avenue Portland, ME.
What is the lease rate?
The lease rate is $16 SF/Yr.
What are key features of this property?
This property features: Retail / Office Building; Offering 13,000 - 27,600± SF; Year Built: 2001
More about this property
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