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97A Exchange St Portland, ME 04101

OFF-MARKET Office Spaces Google Maps
18,301 SF Built 1860
Estimated value
No estimation on file for this property yet.
Property ID

Property summary

AI-generated overview

This exceptional five-story building at 97A Exchange Street in Portland, Maine's vibrant Old Port district offers a unique blend of traditional office and modern coworking space. Built in 1860, this 18,301 square foot property sits on a 0.1-acre lot and is zoned B3 - Downtown Business PAD Overlay District (APN: Map 32, Block D, Lot 2001, Cumberland County). The building features circuit breaker power and convenient elevator access. Ideal for multiple tenants, this property presents a rare opportunity to secure a prominent location in a thriving submarket (Greater Portland). Its rich history combines seamlessly with modern amenities, making it perfect for businesses seeking a prestigious address and flexible workspace solutions. The building's single structure offers a cohesive and efficient layout, while its central location provides easy access to local amenities, transportation, and a dynamic business community. The property's classic architecture and updated interior create a unique and desirable work environment. This is a chance to establish your business in a landmark building within Portland's bustling downtown core. Inquire today to learn more about leasing opportunities within this historic and well-maintained property.

Property profile

Verified
Property type Office Spaces
Year built 1860
Total area 18,301 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
  • Environmental Consultant
  • Real Estate Agency
  • Association Or Organization
  • Social Service Agency Charitable Organization
  • Physician

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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