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    50 Monument Sq Portland, ME 04101

    For Lease
    $18 SF/Yr ($18,498 /Mo)

    Portland, ME Office Space Available

    Lot size:
    11,745 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    361
    This exceptional Portland, Maine office property, located at 50 Monument Square, offers 11,745 square feet of prime executive office space within a historic building. Currently, 11,743 square feet are available for lease, divisible into units ranging from 1,323 to 5,985 contiguous square feet. The building features four total suites, with the second floor offering 5,760 square feet divisible down to 1,323 square feet, and the sixth floor providing a full 5,985 square feet with stunning waterviews. The property boasts a newly renovated lobby and offers flexible layouts combining open space and private offices, perfect for a variety of business needs. Conveniently situated in Portland's Financial District, this location provides easy access to all downtown amenities. Ample parking is available at nearby garages including One City Center, Public Market, and Free Street. The building is equipped with elevators for convenient access to all floors. This is a unique opportunity to secure prestigious office space in a highly desirable location. The property is in Cumberland County, Maine, and has a Portland, ME zip code of 04101.

    Property Features for 50 Monument Sq

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    11,745 SF
    Total Rate
    18498.37

    Unit(s) available at that property

    Space
    Sixth Floor
    Size
    5,985 SF
    Rate per SF
    $18
    Space
    Suite 3
    Size
    1,419 SF
    Rate per SF
    $18
    Space
    Suite 2
    Size
    1,323 SF
    Rate per SF
    $18
    Space
    Suite 1
    Size
    3,016 SF
    Rate per SF
    $18

    HighLights

    • High ceilings and abundant natural light.
    • Excellent location in Portland's Financial District.
    • Multiple suite sizes available, ranging from 1,323 to 5,985 square feet.
    • Sixth‑floor suite offers stunning waterviews.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    FedEx Office Print ... Shipping And Mailing Service Sullivan Kevin Attorney Graham Jennifer L ... Psychiatrist Rush My Passport Visa And Passport Office PK Realty Management ... Property Management Company

    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
    -70.2592273
    Latitude
    43.6568478

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    FAQs

    What type of property is this?
    Office Property / Space - Portland, ME Office Space Available
    Where is this office property / space located?
    The property is located at 50 Monument Sq Portland, ME.
    What is the lease rate?
    The lease rate is $18 SF/Yr.
    What are key features of this property?
    This property features: High ceilings and abundant natural light.; Excellent location in Portland's Financial District.; Multiple suite sizes available, ranging from 1,323 to 5,985 square feet.
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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
    50 Monument Sq Portland, ME 04101
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