Financial
Distress signals
Property profile

2 City Ctr Portland, ME 04101

OFF-MARKET
Office buildings
Property ID
US42-0203921
26,753 SF 0.1 ac lot Built 1983
Last sale Feb 2026 · $1,312,000
Entity Owned Owner of record is a legal entity (LLC / corporation). Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This exceptional Class A office space, located at 2 City Center in Portland, Maine, offers 8,258 square feet of immediately available space. Situated on the third and fourth floors of a five-story building, this property boasts stunning views of Portland and Casco Bay. Built in 1983 and extensively renovated in 2014, the building features a high-quality cable elevator with a 2500 lb capacity and 250 FPM speed. The total building encompasses 26,753 square feet on a 0.09-acre lot, with 16

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$62k
Tax billed · 2023
Assessed value$4.29M
Assessed land$438k
Assessed improvement$3.85M
Effective rate1.44%

Value estimate

· Sep 2026
$1.32M
$1.19M – $1.45M
AI approach$890k
Sales comparison$1.78M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$183/SF
Submarket average, outlier-cleaned · 42 recorded sales of this use type
Observed band · Q1–Q3$129 – $255

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionPORTLAND

Location intelligence

Which uses thrive at this corner?
Best fit: Dry Cleaner
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Dry Cleaner9.4
Auto Parts Store9.3
Locksmith9.3

Location

2 City Ctr Portland, ME 04101-4010
County assessor Recorded deeds · 3 transfers Comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

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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