103 Exchange St Portland, ME 04101
This exceptional 18,301 square foot traditional office building, located at 103 Exchange Street in Portland, Maine, presents a unique investment opportunity. Built in 1860, the property boasts a rich history within the vibrant Old Port district. The building is currently configured for multiple tenants, offering flexibility for various business needs. A significant portion of the building, totaling 6,732 square feet, is currently vacant, providing immediate potential for lease income generation or owner-occupancy. The property sits on a 0.07-acre lot and is zoned B3 & PAD, allowing for a range of commercial uses. Its prime location in the heart of Portland offers unparalleled access to amenities, transportation, and a thriving business community. The building's substantial size and historic character make it an ideal space for a variety of businesses seeking a prestigious address in a dynamic urban setting. Detailed information regarding the building's layout, current lease agreements (if any), and potential renovation opportunities are available upon request. This is a rare chance to acquire a landmark property in one of Maine's most desirable locations. The property's address is 103 Exchange Street, Portland, ME 04101, located in Cumberland County.
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Stephen A. Bell, Esq. Law Firm
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Ernst Elizabeth J Law Firm
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Mundhenk & Bell LLC Law Firm
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Douglas Denham Buccina & Ernst Law Firm
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Mundhenk Thomas G Law Firm
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.