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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

144 State St Portland, ME 04101

98,309 SF 1.63 ac lot Built 1941
Property ID
Property summary
AI-generated overview

This exceptional 2,477 square foot creative office suite is located within The Nightingale, a newly renovated historic building (1941, renovated 2024) in Portland, Maine's vibrant West End neighborhood. The property, situated at 144 State St (cross streets: State & Spring Street), boasts a prime location adjacent to downtown, offering excellent visibility and high foot traffic. The building itself comprises 98,309 square feet on 1.63 acres (APN: 045 C007001, Zoning: B3). This ground-floor suite is part of a mixed-use development including 165 residential units and three fully leased retail spaces, creating a thriving community atmosphere. Amenities include a patio and plaza area, further enhancing the commercial appeal. The suite is available for lease at a rate of $20.00 per square foot. The building is fully powered. This is a unique opportunity to establish a presence in a dynamic and desirable location. The building features multiple tenancies.

Property profile
Verified
Property type Retail properties & Spaces
Year built 1941
Total area 98,309 SF
Lot 1.63 ac (71,003 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
  • Northern Light Mercy Hospital Laboratory Medical Laboratory
  • Mercy Hospital: Blazier Kenneth L MD Physician
  • Mercy Hospital: Soni Ranju MD Physician
  • Dr. Anikke M. Conway, MD Physician
  • Rhonda Lee Benner, LCSW Foster Care Service Social Service Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
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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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