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    66 Pearl St Portland, ME 04101

    Sponsored
    For Lease
    $24 SF/Yr

    Historic Portland building, flexible office suites.

    Lot size:
    54,400 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional three-story office building at 66 Pearl Street in Portland, Maine, offers a unique opportunity for businesses seeking flexible and adaptable workspace. The property boasts a total of 54,400 square feet, with a minimum divisible space of 11,502 square feet and a maximum contiguous space of 11,502 square feet, making it ideal for a variety of tenants. Built in 1900, this historic building retains its charm while offering modern amenities, including elevators. The building sits on a 0.56-acre lot and is zoned B3 & PAD, providing versatility for potential uses. The property's multiple tenancy structure allows for diverse occupancy arrangements. Its location in the vibrant Old Port district of Portland offers unparalleled access to local amenities, businesses, and cultural attractions. The building's traditional, executive, and creative office subtypes cater to a wide range of business needs. The property's address is 66 Pearl Street, Portland, ME 04101. The Assessor's Parcel Number (APN) is Map 28, Block K, Lot 2. This is a rare opportunity to secure a prominent location in a thriving Maine city. Inquire today to learn more about leasing options and explore the possibilities this exceptional property offers.

    Property Features for 66 Pearl St

    General Information

    Property type
    Office space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    54,400 SF
    Total Rate
    112290.67

    Building Details

    Year Built
    1900
    Buildings
    1
    Stories
    3

    Unit(s) available at that property

    Space
    Office Space
    Size
    11,502 SF
    Rate per SF
    $24

    HighLights

    • 11,502 SF of contiguous office space available on the third floor (Suites 300, 301, 320, 321 & 322 combined).
    • High‑quality finishes and trim throughout existing spaces.
    • Prime location in Portland's Middle Street retail corridor.
    • Walkable to Old Port amenities, parking, restaurants, banks, shops, City Hall, and the courthouse.
    Property Profile Location Intelligence

    Current Use by Public Records

    DeskNet Inc. Software Company Mary Anne N. ... Psychologist Conedera Enes Family Counselor August Wealth Management, ... Financial Planner Publishers Clearing House Marketing Agency

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Portland
    County
    Cumberland
    State
    Maine
    Longitude
    -70.253789497649
    Latitude
    43.658582133469

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    FAQs

    What type of property is this?
    Office space - Historic Portland building, flexible office suites.
    Where is this office space located?
    The property is located at 66 Pearl St Portland, ME.
    What is the lease rate?
    The lease rate is $24 SF/Yr.
    What are key features of this property?
    This property features: 11,502 SF of contiguous office space available on the third floor (Suites 300, 301, 320, 321 & 322 combined).; High-quality finishes and trim throughout existing spaces.; Prime location in Portland's Middle Street retail corridor.
    Request Owner's contact information
    66 Pearl 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
    66 Pearl St Portland, ME 04101
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