5 Milk Street - Office Space Availability

For Lease$21 - $23/Sqft/Year See below for details.

5 Milk Street, Portland, ME 04101

  • Office
  • General Office
  • 8,946 Sqft

5 Milk Street, Portland, ME 04101 - Office Space for rent

5 Milk Street is located at 5 Milk Street in the Downtown Portland neighborhood, ME, Portland, 04101. The Class B Office building was completed in 1982 and features a total of 25,201 Sqft. There are 2 Office spaces available for lease at 5 Milk Street, Portland, ME, 04101, totaling 8,946 Sqft. The largest space available has 4,473 Sqft and a rental rate of $21 - $23/Sqft/Year.

There are 92 office spaces for lease in the Downtown Portland neighborhood, totaling 510,304 Sqft of available office space. The office space availability for the 04101 zip code is 536,422 Sqft, in 100 office spaces. The average asking office rent per sq. ft. in Downtown Portland is $21.43/sqft/year. For Class A office buildings the average office rate is $24.44/sqft/year, for Class B office buildings the average office rate is $19.96/sqft/year.

In Downtown Portland, there are 43 class B office buildings. At zip code level, there are 41 commercial properties, of which 39 are office buildings over 50,000 square feet.

Nearby Listings

Nearby Properties

Details

  • Price $21 - $23/Sqft/Year
  • City Portland
  • Neighborhood Downtown Portland
  • Zip Code 04101
  • Market Portland ME
  • Property Type Office - General Office
  • Property Size 25,201 Sqft
  • Lot Size 0.19 Acre
  • Parking Spaces Avail. 14
  • Parking Ratio 0.56/ 1,000 SF
  • Property Tenancy Multi-Tenant
  • Building Class B
  • Year Built 1982
  • Date Updated 09 Apr, 2021

Looking for more in-depth information on this property? Find property characteristics, ownership, tenant details, local market insights and more. Unlock data on CommercialEdge.com.

Availability

Suite Name Space Type Lease Rate Space Available
1st Floor # Not Known General Office $21 - $23/Sqft/Year 4,473 Sqft
  • Suite 1st Floor # Not Known
  • Space Type General Office
  • Total Space Available 4,473 Sqft
  • Divisible Space No
  • Min Divisible 4,473 Sqft
  • Max Contiguous 8,946 Sqft
  • Lease Rate $21 - $23/Sqft/Year
  • Possession Type Immediate
  • Lease Type Modified Gross
  • Call For Terms Yes
  • Renewal Option Yes
  • Sub Lease No

Exclusive Brokers

Nate Stevens Is this you?

The Boulos Company

(207) 553-1702

Samantha Marinko Is this you?

The Boulos Company

(207) 553-1723

2nd Floor # Not Known General Office $21 - $23/Sqft/Year 4,473 Sqft
  • Suite 2nd Floor # Not Known
  • Space Type General Office
  • Total Space Available 4,473 Sqft
  • Divisible Space No
  • Min Divisible 4,473 Sqft
  • Max Contiguous 8,946 Sqft
  • Lease Rate $21 - $23/Sqft/Year
  • Possession Type Immediate
  • Lease Type Modified Gross
  • Call For Terms Yes
  • Renewal Option Yes
  • Sub Lease No

Exclusive Brokers

Nate Stevens Is this you?

The Boulos Company

(207) 553-1702

Samantha Marinko Is this you?

The Boulos Company

(207) 553-1723

FREQUENTLY ASKED QUESTIONS

How many office spaces are available at 5 Milk Street?

There are currently 2 office spaces in this building.

What is the largest space available at 5 Milk Street?

Currently, the largest rentable space at 5 Milk Street totals 4,473 square feet.

What is the lease rate of the largest space available?

The monthly lease rate for the largest space available at 5 Milk Street is $21 - $23/Sqft/Year$ per square foot.

What is the total square footage of 5 Milk Street?

5 Milk Street totals 25,201 square feet.

When was this property built?

5 Milk Street was built in 1982.

Downtown Portland Demographics

The average household income in zip code 04101 is $63,192, from a total of 9,086 households. In terms of employment, there are 86.49 % white-collar and 13.51 % blue-collar jobs in zip code 04101.

Population

  • Total Population3,565
  • Male Population(49.2 %) 1,754
  • Female Population(50.8 %) 1,811
  • Median Age35.00

Income/Financial

  • Average Household Income$66,252
  • Median Household Income$53,836
  • Median Income Under 25$33,278
  • Median Income 25-44$57,645
  • Median Income 45-64$57,373
  • Median Income Over 65$38,704

Leasing Contacts Register now to add listings

Nate Stevens Is this you?

The Boulos Company

(207) 553-1702

Samantha Marinko Is this you?

The Boulos Company

(207) 553-1723