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    FOR LEASE
    Coworking space

    16 Middle St, Portland, ME 04101

    Built 2017
    Entity Owned
    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 Coworking space
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Marcus Clegg Law Firm
    • George J Marcus Attorney Law Firm
    • Steward Partners Financial Advisor
    • Tilson Telecommunications Service
    • Cloudport CoWorking Coworking & Hybrid Office
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Itg Gommunications LLC
    Itg Gommunications LLC
    since 2025
    4 recorded transactions
    2025
    $2.7M
    2024
    2019
    2019
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    More about this property
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