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    100 Commercial St Portland, ME 04101

    Sponsored
    For Lease
    $25 SF/Yr

    Historic Portland office space, multiple tenants. Prime downtown location.

    Lot size:
    61,657 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional commercial property, located at 100 Commercial Street in Portland, Maine, offers 61,657 square feet of prime office space. The building, constructed in 1900, is a four-story structure situated on a 0.349-acre lot. Its classic architecture blends seamlessly with the vibrant downtown environment. The property is zoned B3 Downtown Business District & PAD Pedestrian Activity Overlay, providing flexibility for a variety of commercial uses. The building features one passenger elevator, serving all four floors, and boasts 100 amp electrical service. The property is designated as a Traditional Office building and also offers Executive Office suites, making it suitable for a range of business needs. Multiple tenancies are currently in place. The property's address is 100 Commercial Street, Portland, ME 04101, and its location within Cumberland County offers excellent access to transportation and amenities. The Assessor's Parcel Number (APN) is Map 30, Block C, Lots 1-8. This is a rare opportunity to acquire a substantial and well-located office building in the heart of Portland.

    Property Features for 100 Commercial St

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    61,657 SF
    Total Rate
    132305.65

    Building Details

    Year Built
    1900
    Buildings
    1
    Stories
    4

    Unit(s) available at that property

    Space
    Suite 202
    Size
    1,596 SF
    Rate per SF
    $28
    Space
    Suite 209
    Size
    392 SF
    Rate per SF
    $26
    Space
    Suites 409/411/415
    Size
    2,307 SF
    Rate per SF
    $25

    HighLights

    • 61,657 SF of prime office space in a four‑story building at 100 Commercial Street, Portland, ME.
    • Historic brick and stone building on a 0.349‑acre lot, offering 2,307 SF, 1,596 SF, and 392 SF office suites.
    • Water or Commercial Street views.
    • On‑site property management.
    • Parking available for lease at the Fore Street Garage.
    Property Profile Location Intelligence

    Current Use by Public Records

    Mark Mueller Architects Architect Maine Boatbuilders Show Corporate Office Misi Co Computer Consultant Society Mortgage Maine ... Mortgage Broker Martin Defense Group, ... Engineering Consultant

    Suggested Use

    Realty agency Dental Office Spa & Massage Restaurant Hair Salon Nail Salon Building Supply Daycare Center Auto Repair Shop Skin Care Clinic

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

    Location Insight

    • Map
    • Local Demand
    City
    Portland
    County
    Cumberland
    State
    Maine
    Longitude
    -70.251445874841
    Latitude
    43.656433373146

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    FAQs

    What type of property is this?
    Office Property / Space - Historic Portland office space, multiple tenants. Prime downtown location.
    Where is this office property / space located?
    The property is located at 100 Commercial St Portland, ME.
    What is the lease rate?
    The lease rate is $25-$28 SF/Yr.
    What are key features of this property?
    This property features: 61,657 SF of prime office space in a four-story building at 100 Commercial Street, Portland, ME.; Historic brick and stone building on a 0.349-acre lot, offering 2,307 SF, 1,596 SF, and 392 SF office suites.; Water or Commercial Street views.
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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
    100 Commercial St Portland, ME 04101
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