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Property profile & analytics
OFF-MARKET Estimated value $5,535,000
Office buildings

443 Congress St Portland, ME 04101-3531

48,768 SF 0.2 ac lot Built 1923
Individually Owned 16-yr Hold ~ Est. High Equity
Property ID
US42-0385766
Property summary
AI-generated overview

This exceptional commercial property at 443 Congress Street in Portland, Maine offers a unique opportunity for businesses seeking executive office space. Located in the heart of the city's vibrant downtown, this multi-tenant building boasts a total of 48,768 square feet, with 5,280 square feet currently available for lease. The space is ideally suited for businesses requiring a prominent address and ample room for operations. The building's B3 - Downtown Business zoning allows for a wide range of commercial uses. The property's address is 443 Congress Street, Portland, ME 04101, within Cumberland County. The property features a convenient location, easily accessible to major transportation routes and amenities. The available space presents a blank canvas for customization, allowing tenants to design their ideal workspace. With its strategic location and substantial square footage, this property represents a compelling investment opportunity for businesses seeking to establish or expand their presence in Portland's thriving commercial district. The property's APN is 027 B002. This is a retail and office space, currently configured as multiple tenancies. The available space totals 5,280 square feet. This is an excellent opportunity to secure a prominent location in a bustling downtown area.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1923
Total area 48,768 SF
Lot 0.2 ac (8,616 SF)
APN PTLD M:027 B:B002001
UPID US42-0385766
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
  • Planned Parenthood - Portland Health Center Medical Clinic
  • One & Two Monument Square Business Service Center Corporate Office
  • Anna Mead Physician
  • BRONWEN BERLEKAMP O'WRIL Physician
  • Lumber State Awning Solutions General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$7.13M
Blend (final) Blend
$5.54M
Owner & transaction history
York Cumb Assn Handicap · 16 yrs held
York Cumb Assn Handicap
since 2010
5 recorded transactions
2017
Price N/A
2013
Price N/A
2011
Price N/A
2010
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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