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48 Free St Portland, ME 04101

  • Office Properties & Spaces
  • 30,158 SF
  • 0.25 lot acres
Value Estimation
Location Intelligence

Current Use by Public Records

  • Michelle Libby Century 21 North East, Fine Homes and Estates / Real Estate Agent
  • Merchant X / Business To Business Service
  • Christina Markoulis / Social Worker
  • Carlin & Shapiro, P.A. / Attorney
  • FordMurray Law / Immigration Attorney

Property Details for 48 Free St

Year built
1900
Lot size
0.25 lot acres
Property size
30,158 SF
Property type
Office Properties & Spaces

Description

This exceptional two-story office building, totaling 30,158 square feet, presents a rare opportunity in Portland's vibrant financial district. Located on a 0.25-acre lot (APN: Map 38, Block I, Lot 18, Cumberland County), this 1900-era building boasts a coveted B3 - Downtown Business zoning designation. Its prime location offers unparalleled access to the Old Port and waterfront, with a Walkability Score of 96, ensuring convenient commutes and a thriving atmosphere. The building benefits from the adjacency to a new retail/residential development at 40 Free Street, further enhancing its desirability. Currently, two office suites are available, ranging in size from approximately 1,759 square feet to approximately 2,472 square feet, providing flexibility for various business needs. The property includes convenient surface lot parking directly accessible to the building, eliminating parking hassles for tenants and clients. This is an exceptional opportunity to secure a well-located, established office space in the heart of Portland's dynamic business environment. The building's traditional architecture blends seamlessly with the modern amenities and vibrant energy of the surrounding area, making it an ideal location for businesses seeking a prestigious and functional workspace. Multiple tenancy allows for diverse occupancy options.

Value Estimation

Powered by Realmo proprietary methodology Last update: July 3, 2025
  • CAP approach

  • Comparable approach

  • Alternative Use

Location Insight

  • Map
  • Local Demand
City
Portland
County
Cumberland
State
Maine
Longitude
-70.2584
Latitude
43.6559
More about this property
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