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Property profile & analytics
OFF-MARKET
Parking lots & garages

44 Exchange St Portland, ME 04101-5018

0.58 ac lot
Entity Owned 16-yr Hold ~ Est. High Equity
Property ID
US42-0364674
Property summary
AI-generated overview

This exceptional three-story office building, located at 44 Exchange Street in Portland, Maine, offers 21,593 square feet of versatile space. Built in 1870, this historic property boasts a prime location in the vibrant Old Port district, zoned B3 & PAD. The building features a traditional office layout adaptable to various business needs, including executive and creative office spaces. With multiple tenancies available, this property is ideal for a variety of users, from small businesses to larger corporations seeking flexible options. The 0.16-acre lot provides ample space, while the building's classic architecture blends seamlessly with the surrounding historic charm. The property's central location offers easy access to major transportation routes, local amenities, and the city's thriving cultural scene. This is a unique opportunity to secure a prominent presence in one of Portland's most sought-after areas. The building's solid construction and desirable location make it a sound investment for long-term growth. Serious inquiries are encouraged to explore the possibilities of this remarkable property. The address is 44 Exchange Street, Portland, ME 04101, within Cumberland County.

Property profile
Verified
Property type Parking lots & garages
Use group PARKING LOT
Lot 0.58 ac (25,160 SF)
APN PTLD M:032 B:I040001
UPID US42-0364674
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
  • Abacus Gallery Art Gallery Gift Shop
  • Maine Mortgage Partners LLC Loan Service Bank
  • Schneider Tina Law Firm
  • Keep It Simple Marketing Advertising Agency Marketing & Advertising
  • Green Line Financial Bank Credit Union
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
Cow Plaza 1 LLC · 16 yrs held
Cow Plaza 1 LLC
since 2009
1 recorded transaction
2009
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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