190 Lancaster St, Portland, ME 04101
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.
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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
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.