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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

151 Middle St Portland, ME 04101

54,400 SF Built 1900
Property ID
Property summary
AI-generated overview

This exceptional three-story medical office building, located at 151 Middle Street in Portland, Maine, offers 54,400 square feet of space, with 5,796 square feet currently available for lease. Built in 1900, the building boasts a prime location in the heart of Portland's vibrant downtown, zoned B-3 (Downtown Business) and PAD (Pedestrian Activities Overlay). The property sits on a 0.56-acre lot and features attractive 9.1-foot ceilings throughout. Multiple tenants currently occupy the building, creating a thriving and established medical community. The building is equipped with elevators for convenient access to all three floors. This is a rare opportunity to secure space in a well-maintained, historically significant building in a high-demand area. The property's central location provides excellent visibility and accessibility for patients and staff. The building's existing infrastructure and established tenant base make it an ideal investment for medical professionals seeking a prestigious and functional workspace in the heart of Portland. The APN is 05170_028 K002, and the property is located in Cumberland County, Maine, zip code 04101. Inquire today to learn more about leasing opportunities.

Property profile
Verified
Property type Retail properties & Spaces
Year built 1900
Total area 54,400 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
  • Casablanca Comics (Bike/Boat/Book/etc) Store Newspaper & Magazine
  • Anthony's Italian Kitchen Restaurant
  • Athleta Clothing & Fashion Store
  • Blindsight Gallery Art Gallery
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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