Office Units

South Portland, ME Office Units for Sale

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Portland, ME Cape Elizabeth, ME Scarborough, ME Falmouth, ME Long Island, ME Westbrook, ME Gorham, ME Cumberland, ME
Office Space Near Maine Mall
Updated: May 15, 2024
Office Space Near Maine Mall

244 Western Ave, South Portland, ME 04106

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2,495 sqft 2.61 AC lot
2,495±SF mixed‑use/office space.
Located in a popular area near the Maine Mall.
Configured with three offices and an open area.
Includes two locker rooms and two restrooms.
Ample on‑site parking with 92± shared spaces.
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1 active listing matches your search: Office Units for sale in South Portland, ME. Based on your search, we've also compiled 4 Potential Opportunities for your consideration: 4 properties in nearby cities.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Corner Commercial Land With Improvements
Corner Commercial Land With Improvements

82 Gray & 59 Leighton Road, Falmouth, ME 04105

$1,550,000
6,000 sqft 2.83 AC lot

VMU-zoned corner parcel with public water, public sewer, and multiple existing structures.

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Corner Office Building
Corner Office Building

499 Stevens Avenue, Portland, ME 04103

$525,000
2,545 sqft 0.15 AC lot

Six professional suites, five existing tenants, accessible entry, and off-street parking support continued office use.

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Office Building with Garage
Office Building with Garage

796 Forest Avenue, Portland, ME 04103

$399,000
1,608 sqft

B2B-zoned property features a reception area, conference room, kitchen, and upstairs offices.

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Office Condominium with Private Offices
Office Condominium with Private Offices

3 Fundy Road #2, Falmouth, ME 04105

$245,000
1,209 sqft

The suite includes shared reception, a bathroom and kitchenette alongside its private office layout.

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South Portland, ME Office Units Market Trends and Statistics

Explore 1 office units for sale in South Portland, ME on our real estate platform. These investment opportunities span a total of 2,495 square feet of properties for sale.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Office Units 9
Medical Office Space 7
Office buildings 4

Demographics Overview

Population 27K
Population Growth (5Y) +4.4%
Median Household Income $83,744
College Educated 33.5%

High-Yield Neighborhoods for Investment

Identify South Portland submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
04106 $550K

Taxes & Financing

Tax Rate (average for all types) 1.41%
Property Tax per SF $23.17 per SF
Tax Rate vs County Average 0.10 pp below county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Cumberland County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Cumberland County

Retail

Office

Residential Income

Property Size Breakdown

The majority of commercial real estate listings in South Portland fall within the 100,000+ square foot range.

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