South Portland, ME Commercial Real Estate for Lease and Sale

Explore 50 listings of South Portland commercial real estate for lease and for sale to find the best space for your business.

CRE Market FAQs

179 John Roberts Rd

179 John Roberts Rd, Maine Mall, South Portland, ME
Property

Office

58,995 SF
Availability

2 Spaces

49,891 SF
Year Built

2003
For Lease

$15.00/SF/YR
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95-97 Darling Avenue

95-97 Darling Avenue, South Portland Gardens, South Portland, ME
Property

Industrial

42,000 SF
Availability

3 Spaces

16,330 SF
Year Built

1978
For Lease

$14.00/SF/YR
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123 Darling Avenue

123 Darling Avenue, South Portland Gardens, South Portland, ME
Property

Office

58,900 SF
Availability

1 Space

58,902 SF
Year Built

1984
For Lease

$12.00/SF/YR
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Atlantic Place Commerce Center

311 Darling Ave, South Portland Gardens, South Portland, ME
Property

Office

72,490 SF
Availability

1 Space

3,925 SF
Year Built

1979
For Lease

$16.00/SF/YR
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155 Rumery Street

155 Rumery Street, Broadview Park, South Portland, ME
Property

Industrial

93,207 SF
Availability

1 Space

28,800 SF
Year Built

1963
For Lease

$5.50/SF/YR
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Class A Office Space

778 Main Street, Broadview Park, South Portland, ME
Property

Office

27,862 SF
Availability

1 Space

2,170 SF
Year Built

1988
For Lease

$14.00/SF/YR
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123 Darling Ave

123 Darling Ave, South Portland Gardens, South Portland, ME
Property

Office

60,032 SF
Year Built

1984
For Sale

$7,995,000
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82 Running Hill Road

82 Running Hill Road, South Portland Gardens, South Portland, ME
Property

Office

123,430 SF
Availability

2 Spaces

6,872 SF
Year Built

1987
For Lease

$13.95/SF/YR
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Maine Mall Business Building

125 John Roberts Road, Maine Mall, South Portland, ME
Property

Industrial

98,400 SF
Availability

1 Space

4,268 SF
Year Built

1979
For Lease

$10.00/SF/YR
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Prime Retail Space

180 Waterman Drive, Knightville, South Portland, ME
Property

Retail

83,796 SF
Availability

2 Spaces

6,844 SF
Year Built

1981
For Lease

$19.00 - $20.00/SF/YR
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SouthBorough Office Park - 400 & 500 SouthBorough Drive

500 Southborough Drive, Maine Mall, South Portland, ME
Property

Office

78,000 SF
Availability

5 Spaces

16,310 SF
Year Built

1987
For Lease

$15.00/SF/YR
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Class A Office Space

707 Sable Oaks Dr, South Portland Gardens, South Portland, ME
Property

Office

66,000 SF
Availability

4 Spaces

15,025 SF
Year Built

1992
For Lease

$18.00 - $23.00/SF/YR
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SouthBorough Office Park - 600 SouthBorough Drive

600 Southborough Drive, Maine Mall, South Portland, ME
Property

Office

33,000 SF
Availability

5 Spaces

22,235 SF
Year Built

1989
For Lease

$15.00/SF/YR
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Atlantic Place Commerce Center

78 Atlantic Place, South Portland Gardens, South Portland, ME
Property

Office

23,750 SF
Availability

1 Space

16,912 SF
For Lease

$9.50/SF/YR
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2 Gannett Drive

2 Gannett Drive, South Portland Gardens, South Portland, ME
Property

Office

217,672 SF
Availability

3 Spaces

104,752 SF
Year Built

1991
For Lease

$14.50/SF/YR
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Sable Oaks Office Park - 707 Sable Oaks Drive

707 Sable Oaks Drive, South Portland Gardens, South Portland, ME
Property

Office

65,300 SF
Availability

1 Space

6,800 SF
Year Built

1992
For Lease

$23.00/SF/YR
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1486 Broadway
Sopoco.Works
1486 Broadway, South Portland, ME
Services

Open Workspace

Meeting Room

Private Office

Dedicated Desk
Amenities

High-speed wifi

Mail services

Parking

Podcast room
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300 Southborough Drive

300 Southborough Drive, Maine Mall, South Portland, ME
Property

Office

116,515 SF
Availability

3 Spaces

71,655 SF
Year Built

1987
For Lease

$14.00/SF/YR
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305 Cummings Rd

305 Cummings Rd, South Portland Gardens, South Portland, ME
Property

VacantLand

24,000 SF
For Sale

$750,000
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505 Sable Oaks Drive

505 Sable Oaks Drive, South Portland Gardens, South Portland, ME
Property

Office

45,000 SF
Availability

1 Space

45,000 SF
For Lease Contact for pricing
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1 Runway Rd

1 Runway Rd, Broadview Park, South Portland, ME
Property

Industrial

7,200 SF
Availability

1 Space

7,200 SF
Year Built

1982
For Lease

$10.00 - $14.00/SF/YR
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172 Main St

172 Main St, Ligonia, South Portland, ME
Property

Retail

12,694 SF
Availability

1 Space

12,694 SF
Year Built

1963
For Lease

$13.00/SF/YR
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854 Broadway

854 Broadway, Knightville, South Portland, ME
Property

Office

3,129 SF
Year Built

1912
For Sale Contact for pricing
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The Maine Mall

400 Maine Mall Road, Maine Mall, South Portland, ME
Property

Retail

113,111 SF
Year Built

1969
For Sale Contact for pricing
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884 Broadway

884 Broadway, Knightville, South Portland, ME
Property

Office

3,862 SF
Year Built

1900
For Sale Contact for pricing
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430 Gorham Rd

430 Gorham Rd, Maine Mall, South Portland, ME
Property

Retail

30,000 SF
Availability

1 Space

8,214 SF
Year Built

1995
For Lease

$28.00/SF/YR
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Frequently Asked Questions

Commercial real estate is a broad category that includes a high variety of space types designed to meet the needs of various industries of the local economy and their specialized subsectors, as presented in our real estate 101 guide to types of commercial real estate. However, there are three main categories that you are most likely to come across: office, retail, and industrial space.

Modern office space is typically organized over large floor plates bound by high ceilings and large windows for an abundance of natural light and is located in transit-oriented developments with good access to multiple modes of transportation, so as to facilitate employee commute. The South Portland commercial real estate market incorporates 1,257,658 square feet of office space across 27 buildings.

Office buildings can also accommodate coworking spaces, which are shared office options that typically cater to the needs of small, startup businesses that require flexible workspaces, a concentration of amenities, and services that can be accessed on an occasional or short-term basis.
Retail space includes shopping malls, department stores, street retail, or specialty stores dedicated to a narrow range of products. Such properties are typically located in high foot-traffic and/or car traffic areas, to facilitate customer access. The South Portland commercial real estate market includes 1,184,446 square feet of retail space in a variety of settings.
Industrial property most often serves businesses operating in manufacturing or logistics and generally consists of large open spaces located within good access to roads, railways, freight airports or regional water ports. Industrial space listings can include warehouses, manufacturing plants, distribution centers, flexible industrial space, or even data center facilities. Across the South Portland market, there is a total of 270,632 square feet of industrial property.

The listing inventory in South Portland incorporates commercial real estate for lease and for sale of almost all property types and subtypes. However, you’ll find some categories offer more rental or investment opportunities than others.

The largest share of commercial real estate space for lease in South Portland is represented by Office space, which accounts for 448,195 square feet of available listings. Industrial space available in South Portland adds up to 64,598 square feet.

Meanwhile, most of the listings of commercial property for sale in South Portland are in the Office category.

The price of renting or buying commercial real estate is influenced by a variety of factors, including: the property type (for example, office space is priced higher than other property types in most locations); the condition and asset class rating (property rated class A or above will typically command a higher price than lower grade classifications); the quality or the development potential of the property location; whether or not there is high demand for the type of commercial asset in question; and what the state of supply is relative to demand.

The average rent for commercial real estate space listed for lease in South Portland is $14.73 per square foot. However, this value does not offer enough perspective on its own, as you will find significant variation in prices across property types, property classes, and location, as well as other impacting factors. For instance, rent per square foot of office space in South Portland can vary greatly depending on the rating of the property from Class A to Class C, as well as across the city depending on the location of the asset.

Whether you are looking for commercial real estate for lease or commercial property for sale, the best choice of location depends on the factors that are most relevant to your business strategy. A good thing to look for at the start, however, is the areas of the city that have the highest concentration of your preferred type of property, as these areas are generally well connected to the amenities and points of interest that are most relevant to each property type.

As such, there are several areas that you could consider to be the best location for commercial real estate in South Portland, depending on the property type you are interested in. The highest concentration of commercial space listings of any kind in South Portland is in the South Portland Gardens neighborhood. But if we look at each commercial property type, we find that for office space, the best location is the South Portland Gardens area.

Meanwhile, retail space opportunities are most abundant in the Maine Mall submarket. Alternatively, if you are looking for warehouse or other industrial space, consider looking at listings in South Portland Gardens.

Select your preferred property type from the search filters menu at the top of the search page and then navigate the interactive map for a better view of commercial real estate availability in the locations most suited to your needs.

Regardless of whether buying or leasing commercial space is a new experience for you, there are significant benefits to working with a commercial real estate broker. In addition to saving you time and money, an experienced broker will contribute specialist knowledge of the local market, the property type you need representation for, and will handle negotiations on your behalf in your best interest.

To start, it is important for you to have a good understanding of what kind of broker you need. For instance, there are differences between a tenant broker and a listing broker. Also important at the start is to have a clear idea of what kind of space (or tenant) you are looking for and what (if any) particular needs and requirements you might have. And, while it is good to get a referral, you should interview several brokers to better gauge who you feel would best represent your interests.

CommercialCafe hosts listings from some of the most trusted commercial real estate brokerages in the country. Use the contact form available on each listing page or the contact details for the property representatives to reach out and start your search!

The profitability of a commercial real estate investment depends on a multitude of factors working together. These factors include the quality of the asset itself — which itself includes aspects such as location, property class, amenities, and the quality of the property management — to the local market conditions, the state of the local economy, the demand for that particular type of commercial property, and of course the costs of owning and maintaining it relative to what leasing rate or sale price you get from the property. Asking rents in the city went as high as $19 per square foot. In particular, the property type commanding the highest lease rates in South Portland was Retail space.

Conversely, the highest sale price last year was $5,900,000 that is located at 95 Darling Avenue.

The average size of a commercial property in South Portland depends greatly on the property type and the location — geographical possibilities and zoning allowances have significant influence on how big developers can build. While there are outliers that break height or volume records in the city, we can look at some average sizes by property use:

In South Portland, the average size of an office property is 48,372 square feet.
Retail properties here incorporate an average of 91,112 square feet.
Industrial space in South Portland is in buildings that are, on average 45,106 square feet in size.

South Portland, ME Currently Available Listings

Commercial Space for Lease Breakdown

Commercial real estate listings for rent in South Portland currently add up to 580,724 square feet. The market offers 20 active office listing(s), which amount to 448,195 square feet and account for 54% of commercial spaces on the market. Local retail availability includes 62,931 square feet across 11 retail space(s). Industrial space for rent opportunities in South Portland amount to 64,598 square feet across a total of 5 warehouse and other industrial listing(s).

Property Type	Count of Listings	Total SF
Office	20	448,195
Retail	11	62,931
Industrial	5	64,598
Other	1	5,000

Commercial Space for Sale Breakdown

What’s more, if you are interested in making an investment in the local market, you can also find commercial real estate for sale in South Portland, ME. Currently, there is 335,964 square feet of commercial property for sale here , which includes 7 office building(s) for sale , 3 retail investment opportunity listing(s) , and 1 listing(s) of industrial real estate property for sale .

Property Type	Count of Listings	Total SF
Office	7	168,883
Retail	3	121,242
Industrial	1	21,825
Other	2	24,014

South Portland, ME Commercial Real Estate for Lease and Sale

179 John Roberts Rd

95-97 Darling Avenue

123 Darling Avenue

Atlantic Place Commerce Center

155 Rumery Street

Class A Office Space

123 Darling Ave

82 Running Hill Road

Maine Mall Business Building

Prime Retail Space

SouthBorough Office Park - 400 & 500 SouthBorough Drive

Class A Office Space

SouthBorough Office Park - 600 SouthBorough Drive

Atlantic Place Commerce Center

2 Gannett Drive

Sable Oaks Office Park - 707 Sable Oaks Drive

1486 Broadway

300 Southborough Drive

305 Cummings Rd

505 Sable Oaks Drive

1 Runway Rd

172 Main St

854 Broadway

The Maine Mall

884 Broadway

430 Gorham Rd

Frequently Asked Questions

South Portland, ME Currently Available Listings

Commercial Space for Lease Breakdown

Commercial Space for Sale Breakdown

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South Portland, ME Commercial Real Estate for Lease and Sale

Frequently Asked Questions

What are the different types of commercial real estate?

What types of commercial real estate are available in South Portland, ME?

What factors affect the price of commercial real estate in South Portland, ME?

What is the average rent for commercial space in South Portland, ME?

What are the best areas for commercial real estate in South Portland, ME?

How do I find a good commercial real estate broker?

What is the most profitable commercial real estate?

What is the average size of a commercial property in South Portland, ME?

South Portland, ME Currently Available Listings

Commercial Space for Lease Breakdown

Commercial Space for Sale Breakdown

Other Popular Searches

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Popular Office Searches

Popular Retail Searches

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About us