Property profile

100 Middle St Portland, ME 04101

FOR LEASE
Other commercial real estate
Property ID
US42-0101295
0.77 ac lot
Entity Owned 11-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

100 Middle Street is a Class A office property in downtown Portland consisting of two seven-story office towers connected by a shared lobby and an atrium. The building has a configuration that supports contiguous occupancy ranging from approximately 2,472 to 16,911 square feet. It features a lobby that was renovated and Class A interior finishes. The site provides on-site parking at a stated ratio of about 1.3 spaces per 1,000 square feet of leased space. The property is located with access from I-295 via the Franklin Arterial corridor and is near the Old Port area, with a walkability score reported as 99.

Property profile

Verified
Property type Other commercial real estate
Use group COMMERCIAL (GENERAL)
Lot 0.77 ac (33,532 SF)
APN PTLD M:029 B:E006001
UPID US42-0101295

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
  • Law Firm
  • Law Firm
  • Law Firm
  • Law Firm
  • Law Firm

Location

100 Middle St Portland, ME 04101
Portland metro Census 300 PORTLAND-SOUTH PORTLAND-BIDDEFORD, ME METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$320k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$320k

Owner & transaction history

since 2015
3 recorded transactions
2023
Price N/A
2015
$35.3M
2012
Price N/A

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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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