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16 Middle St Portland, ME 04101

Office Spaces Google Maps
Built 2017
Entity Owned
Estimated value
No estimation on file for this property yet.
Property ID US42-0605610

Property summary

AI-generated overview

This exceptional Class A office space, located at 16 Middle Street, Unit 302 in Portland, Maine, offers 5,374 square feet of versatile workspace. Situated in a vibrant downtown neighborhood, this single-tenant property is perfect for businesses seeking a prestigious address. Built in 2017, the building is a five-story structure with ample parking (12-25 spaces) and convenient elevator access. The space is zoned ISFB and is ideal for traditional office use, executive suites, or coworking arrangements. The property's location places it in close proximity to major corporations, including Wex, Sunlife, Tilson Technology Management, and Covetrus, fostering a dynamic and collaborative environment. The property's APN is Map 20, Block F, Lot 2, within Cumberland County. This is a rare opportunity to secure a high-quality office space in one of Portland's most sought-after areas. The building's modern design and amenities provide a comfortable and productive work environment. Don't miss this chance to establish your business in a thriving downtown location. Further details regarding the property are available upon request.

Property profile

Verified
Property type Office Spaces
Year built 2017
UPID US42-0605610

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
  • Financial Advisor
  • Telecommunications Service
  • Coworking & Hybrid Office

Value estimations

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

Owner & transaction history

since 2025
4 recorded transactions
2025
$2.7M
2024
Price N/A
2019
Price N/A
2019
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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