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120 Exchange St Portland, ME 04101

OFF-MARKET Office Spaces Google Maps
126,435 SF
Estimated value
No estimation on file for this property yet.
Property ID

Property summary

AI-generated overview

This exceptional Class A office building, located at 120 Exchange Street in Portland, Maine's vibrant business district, offers a variety of flexible workspace options. The property, known as Post Office Square, boasts a total of 126,435 square feet across four stories in a single building. Currently, there are multiple tenancy options available, ranging from approximately 3,811 to 4,062 square feet. The building features modern amenities including elevators, and its prime location provides easy access to major thoroughfares such as Exchange Street, Federal Street, and Temple Street. Its central location places it adjacent to Portland City Hall, offering unparalleled convenience and visibility. The building is zoned B3 - Business Downtown, reflecting its suitability for a wide range of commercial uses. This landmark property in Cumberland County presents a unique opportunity for businesses seeking a prestigious and well-connected address in the heart of Portland's bustling downtown core. The building's traditional office spaces are complemented by executive office and coworking options, catering to diverse business needs and sizes. This is an exceptional opportunity to secure space in a highly sought-after location.

Property profile

Verified
Property type Office Spaces
Total area 126,435 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Charitable Organization Social Service Agency
  • Theater & Performing Art Venue
  • Industrial Manufacturer Production Facility
  • Accounting Firm Tax Preparation

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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