Office Units

South Portland, ME Office Units for Sale

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Portland, ME Cape Elizabeth, ME Scarborough, ME New Portland, ME Falmouth, ME Westbrook, ME Gorham, ME Cumberland, ME
Mixed-Use Property with Office Space
Updated: Jul 19
Mixed-Use Property with Office Space

854 Broadway, South Portland, ME 04106

$550,000
4,370 sqft
4,370 SF mixed‑use building at 854 Broadway, South Portland, ME 04106
Constructed in 1912 with offices on the first and second floors
Third‑floor 1 bedroom apartment with 2 egresses
Detached 1 car garage leased year round
Dry basement with storage and washer/dryer for the apartment
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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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Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in South Portland, ME, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

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

Mixed-Use Property with Pool
Mixed-Use Property with Pool

626 US Route 1, Scarborough, ME 04074

$1,995,000
9,000 sqft 2.60 AC lot

Combined residential and commercial improvements with dedicated parking, a pool, and a three-car garage on a sizable parcel.

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Medical Office Condo with Exam Rooms
Medical Office Condo with Exam Rooms

243 US Route 1, Scarborough, ME 04074

$475,000
1,634 sqft

Second-floor suite offers elevator access and plumbing for medical exam rooms.

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Office Building with Elevator Access
Office Building with Elevator Access

24 Preble St, Portland, ME 04101

Contact for pricing
7,920 sqft

Downtown property offers two full office floors with direct elevator service.

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Historic Three-Story Mixed-Use Building
Historic Three-Story Mixed-Use Building

574 CONGRESS ST, Portland, ME 04101

Contact for pricing
3,648 sqft

CBD property combines office suites, residential units, and an established restaurant tenant.

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South Portland, ME Office Units Market Trends and Statistics

Explore 2 office units for sale in South Portland, ME on our real estate platform. These investment opportunities span a total of 6,865 square feet of properties for sale, with an estimated market value of $550,000.

Sale prices for office units in South Portland, ME average $550,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Office Units 11
Medical Office Space 7
Office buildings 3

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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