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Property profile & analytics
OFF-MARKET
Office Spaces

0 1 Portland Sq Portland, ME 04101

186,230 SF Built 1987
Property ID
Property summary
AI-generated overview

One Portland Square offers exceptional executive office space in the heart of Portland, Maine's financial district. This Class A, ten-story building, constructed in 1987, boasts 186,230 square feet of total space, with 26,920 square feet currently vacant. Multiple tenancy options are available, ranging from a minimum of 2,590 square feet to a maximum contiguous space of 21,470 square feet, providing flexibility for businesses of various sizes. The building features passenger elevators and is conveniently located at the corner of Spring and Union Streets, offering easy access to the vibrant Old Port and Portland's waterfront. The property is zoned B3 (Downtown Business) and identified by APN Map 38, Block B, Lot 01 in Cumberland County. This prime location provides unparalleled visibility and accessibility for businesses seeking a prestigious address in Portland's bustling downtown core. The building's modern amenities and strategic location make it an ideal choice for companies seeking a thriving and convenient work environment. Three spaces are currently available for lease, including office and storage options. This is a unique opportunity to secure high-quality office space in one of Portland's most desirable locations. Inquire today to learn more about available space and lease terms.

Property profile
Verified
Property type Office Spaces
Year built 1987
Total area 186,230 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • TD Bank Bank Loan Service
  • TD Bank ATM Atm
  • Dexter Eric Financial Advisor
  • The Dexter Group of Alex.Brown Financial Advisor
  • Bevara Med Spa Spa & Massage Center Alternative Medicine Practice
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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