- For Lease $30.83/SF/YR
- Property Type Retail - Freestanding
- Property Size 50,000 SF
- Lot Size 0.41 Acre
- Property Tenancy Multi-Tenant
- Year Built 2020
- Date Updated Feb 5, 2026
Description
Property borders Free Street and Spring Street50,000± SF, mixed-use building located on Free Street in Downtown Portland
1,709± SF corner retail unit available for sublease
Upper floors have been developed as 55 residential apartments - providing a built-in clientele
Highly-visible location with water views and just steps away from Portland’s Old Port and waterfront - Walk Score of 96
Unit has large windows on three sides providing ample natural light
Sublease Rate: $30.86/SF NNN ($4,565/month)
True
1 Space Available
A
Space Type
Street Retail
Lease Rate
$30.83/SF/YR
Total Space
1,709 SF
Floor
1
Divisible Space
1,709 - 1,709 SF
Available Date
Immediate
Lease Type
NNN
Sublease
Yes
Sublease Expiry
May 31, 2028
Contacts
Derek Miller
The Boulos Company
Location
Located at 40 Free Street, Portland, ME 04101, this property is part of the Downtown Portland neighborhood and Portland ME market.
Contact Listing Broker
Derek Miller
The Boulos Company