Downtown Location Near Cross
For Lease
Contact for pricing
48 Free St, Portland, ME 04101
Office space for rent in a great downtown location.
Space Size596 SF - 3,604 SF
Property Size30,158 SF
Days on Market1158
Property Features for 48 Free St
General Information
Standard status
Active
Size
596 SF - 3,604 SF
Class
B
Property subtype
Office
Lease Type
Modified Gross
Building Details
Building Size
30,158 SF
Year Built
1900
Tenancy
Multiple
Spaces For Lease
at 48 Free St Contact us- Size
- 3,604 SF
- Type
- Office
- Lease Type
- Modified Gross
- Availability
- Active
Suite 100
- Type
- Office
- Lease Type
- Modified Gross
- Availability
- Active
Suite L20
- Size
- 1,803 SF
- Type
- Office
- Lease Type
- Modified Gross
- Availability
- Active
Suite M12
- Size
- 596 SF
- Type
- Office
- Availability
- Active
Suite M15
Listing Agency:
The Boulos Company Portland
(207) 772-1333
Listed By:
Derek Miller · License #ME 918125
Source:
Crexi
Added: Jun 21, 2023
Changed: Aug 8
Last Checked: Aug 21 at 2:19PM
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 commercial real estate property offers office spaces for rent in a great downtown location. The property is situated adjacent to the Cross Insurance Arena.
Key Highlights
- Great downtown location
- Adjacent to Cross Insurance Arena
- Built in 1900
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$1.80 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
6,425
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
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
$18.21 /SF/Yr
Avg Asking Price
$12–$28 /SF/Yr
Price Range
13,871 SF
Avg Space Size
This space is priced 34% below the average of $18.21 /SF/Yr.
Vacancy Rate% for Office in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
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Frequently Asked Questions
What type of property is this?
Office space - Office space for rent in a great downtown location.
Where is this office space located?
The property is located at 48 Free St Portland, ME.
What is the lease rate?
The lease rate is $12 SF/Yr.
What are key features of this property?
This property features: Great downtown location; Adjacent to Cross Insurance Arena; Built in 1900
