For Lease
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Property summary
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
VerifiedCap rate & NOI
Current use
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Law Firm
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Law Firm
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Financial Advisor
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Telecommunications Service
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Coworking & Hybrid Office
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Derived from the Portland market rent, vacancy and expense benchmarks for this use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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