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190 Lancaster St Portland, ME 04101

OFF-MARKET Office Spaces Google Maps
49,204 SF Built 1920
Estimated value
No estimation on file for this property yet.
Property ID

Property summary

AI-generated overview

This exceptional three-story office building, located at 190 Lancaster Street in Portland, Maine, offers 49,204 square feet of flexible traditional office space. Built in 1920, the property sits on a 0.88-acre lot and is zoned B3. The building features multiple tenancies, allowing for a variety of configurations to suit diverse business needs. Units are subdividable down to a minimum of 2,500 square feet, with a maximum contiguous space of 11,500 square feet. The building includes elevators for convenient access to all three floors. Ample on-site parking is available for tenants and their clients. The property's address is 190 Lancaster St, Portland, ME 04101, and its Assessor's Parcel Number (APN) is Map 33, Block G, Lot 2, within Cumberland County. This landmark building presents a unique opportunity for businesses seeking a prestigious and well-located office space in the heart of Portland. Its classic architecture and modern amenities combine to create a desirable and functional workspace. The property's size and divisibility make it suitable for a range of businesses, from small startups to larger corporations seeking expansion opportunities. Inquire today to learn more about this exceptional Portland office building.

Property profile

Verified
Property type Office Spaces
Year built 1920
Total area 49,204 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
  • Charitable Organization Social Service Agency
  • Employment Agency
  • Charitable Organization Medical Clinic
  • Crisis Center Medical Clinic

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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