Financial
Distress signals
Property profile

59 Middle St Portland, ME 04101

OFF-MARKET
Retail space
Property ID
US42-0480388
10,894 SF 0.22 ac lot Built 1887
Last sale Mar 2005 · $900,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 19-yr Hold Held for 19 years. 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 commercial property located at 59 Middle Street in Portland, Maine, offers 10,894 square feet of versatile office space. The building, constructed in 2999, features a traditional office layout suitable for a variety of businesses, also accommodating executive office needs. The property is zoned B2b - Business Community, allowing for diverse commercial uses. The single, three-story building sits on a 0.22-acre lot, identified by APN Map 28-P-13-14 in Cumberland County. The

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. 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?
$14k
Tax billed · 2023
Assessed value$985k
Assessed land$396k
Assessed improvement$589k
Effective rate1.44%

Value estimate

· Sep 2026
$1.07M
$959k – $1.17M

Realmo valuation models over county records and 3 qualifying comparable sales.

Recently sold

What actually traded nearby?
$203/SF
Submarket average, outlier-cleaned · 41 recorded sales of this use type
Observed band · Q1–Q3$126 – $317
Qualifying comparables3

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: Auto Parts Store
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Auto Parts Store12.6
Daycare Center10.3
Dry Cleaner9.8

Location

59 Middle St Portland, ME 04101-4241
County assessor Recorded deeds · not on file 3 qualifying comp sales 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 recorded sales · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
648 Frst, Portland, ME 04101-1539 $1,125,000 Feb 2025 8,388 SF
35 Danforth, Portland, ME 04101 $205,500 Oct 2024 7,230 SF
164 Middle, Portland, ME 04101-4752 $5,200,000 Feb 2023 16,224 SF
30 Exchange, Portland, ME 04101-5049 $2,480,000 Jun 2022 8,432 SF
251 Congress, Portland, ME 04101-3610 $1,400,000 Feb 2022 6,626 SF
498 Congress, Portland, ME 04101-3402 $152,250 Sep 2020 16,380 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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