Portland, ME Commercial Real Estate for Lease and Sale

Explore 190 listings of Portland commercial real estate for lease and for sale to find the best space for your business.

CRE Market Stats

For Lease | Fully-Furnished Class A Office Space

16 Middle Street, West Bayside, Portland, ME
For Lease

$24.50/SF/YR
Property

Office

47,744 SF
Availability

1 Space

3,307 SF
Year Built

2017
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Two Monument Square

2 Monument Square, Downtown Portland, Portland, ME
For Lease

$22.00/SF/YR
Property

Office

122,000 SF
Availability

6 Spaces

21,206 SF
Year Built

1979
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For Lease | Class A Executive Office Suites

16 Middle Street, West Bayside, Portland, ME
For Lease

$1,000.00/MO
Property

Office

47,744 SF
Availability

4 Spaces

1,000 SF
Year Built

2017
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Two Commercial Condos

352 Warren Avenue, Riverton, Portland, ME
For Sale

$730,000
Property

Office

4,700 SF
Year Built

1988
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1290 Congress St

1290 Congress St, Libbytown, Portland, ME
For Sale

$995,000
Property

Office

4,248 SF
Year Built

1915
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482 Congress Street

482 Congress Street, Downtown Portland, Portland, ME
For Lease

$16.00/SF/YR
Property

Office

54,180 SF
Availability

3 Spaces

7,543 SF
Year Built

1894
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Merrill's Wharf

254 Commercial St, Downtown Portland, Portland, ME
For Lease

$24.00/SF/YR
Property

Office

95,000 SF
Availability

1 Space

1,025 SF
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Downtown Office/Retail Space

21 Pleasant Street, Downtown Portland, Portland, ME
For Lease

$2,875.00/MO
Property

Office

7,380 SF
Availability

1 Space

1,200 SF
Year Built

1905
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Prime Waterfront Offices

65 West Commercial, Westside Portland, Portland, ME
For Lease

$20.75/SF/YR
Property

Office

53,149 SF
Availability

1 Space

1,950 SF
Year Built

1900
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700 Stroudwater Street

700 Stroudwater Street, Stroudwater, Westbrook, ME
For Sale

$1,095,000
Property

Industrial

4,776 SF
Year Built

1957
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Stroudwater Crossing

1685 Congress Street, Libbytown, Portland, ME
For Lease

$14.00/SF/YR
Property

Office

30,548 SF
Availability

1 Space

4,179 SF
Year Built

1986
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Four Professional Office Suites

938 Forest Ave, Deering Center, Portland, ME
For Lease

$925.00 - $1,625.00/MO
Property

Office

2,637 SF
Availability

2 Spaces

1,700 SF
Year Built

1910
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Retail/Office Space

100 Middle Street , Downtown Portland, Portland, ME
For Lease

$30.00/SF/YR
Property

Retail

195,000 SF
Availability

1 Space

5,004 SF
Year Built

1987
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For Lease | Retail/Flex Space

503-509 Forest Avenue, Oakdale, Portland, ME
For Lease

$10.00/SF/YR
Property

Office

73,750 SF
Availability

3 Spaces

19,000 SF
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631 Stevens Avenue, Portland

631 Stevens Avenue, Deering Center, Portland, ME
For Lease

$2,100.00/MO
Property

Office

68,522 SF
Availability

1 Space

1,361 SF
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60-66 Pearl Street

66 Pearl Street, Downtown Portland, Portland, ME
For Lease

$24.77/SF/YR
Property

Office

51,000 SF
Availability

1 Space

11,502 SF
Year Built

1985
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1 Davis Farm Road

1 Davis Farm Road, Riverton, Portland, ME
For Lease

Contact for pricing
Property

Office

70,186 SF
Availability

1 Space

48,897 SF
Year Built

1974
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Office Space

22 Free Street, Downtown Portland, Portland, ME
For Lease

$23.00/SF/YR
Property

Office

38,532 SF
Availability

1 Space

1,358 SF
Year Built

1900
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2385 Congress Street

2385 Congress Street, Stroudwater, Portland, ME
For Lease

$13.00/SF/YR
Property

Office

16,637 SF
Availability

1 Space

16,637 SF
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The State Theatre Building

142 High Street, Parkside, Portland, ME
For Lease

$25.00/SF/YR
Property

Office

100,000 SF
Availability

1 Space

1,180 SF
Year Built

1928
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Office Space

991 Forest Avenue, Riverton, Portland, ME
For Lease

$13.00/SF/YR
Property

Office

19,488 SF
Availability

1 Space

1,000 SF
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Premier Suburban Office Building

2211 Congress Street, Stroudwater, Portland, ME
For Lease

$21.00 - $23.00/SF/YR
Property

Office

292,322 SF
Availability

1 Space

25,000 SF
Year Built

1970
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91 Industrial Way

91 Industrial Way, Riverton, Portland, ME
For Lease

Contact for pricing
Property

Industrial

17,600 SF
Availability

5 Spaces

35,200 SF
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Flex/Office, Light Industrial Space

108A Industrial Way, Riverton, Portland, ME
For Lease

$12.00/SF/YR
Property

Industrial

13,000 SF
Availability

1 Space

13,000 SF
Year Built

1999
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22 Monument Square

22 Monument Square, Downtown Portland, Portland, ME
For Lease

$20.00/SF/YR
Property

Office

26,992 SF
Availability

1 Space

1,877 SF
Year Built

1913
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One Canal Plaza

1 Canal Plaza, Downtown Portland, Portland, ME
For Lease

$30.00/SF/YR
Property

Office

129,780 SF
Availability

4 Spaces

24,082 SF
Year Built

1973
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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 Portland commercial real estate market incorporates 7,337,905 square feet of office space across 125 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 Portland commercial real estate market includes 2,005,683 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 Portland market, there is a total of 2,651,779 square feet of industrial property.

The listing inventory in 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 Portland is represented by Office space, which accounts for 580,264 square feet of available listings. Industrial space available in Portland adds up to 128,831 square feet.

Meanwhile, most of the listings of commercial property for sale in Portland are in the Retail 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 Portland is $21.25 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 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. What’s more, each commercial property type makes its own rent market: while the average rent for office space rested at $21.25 per square foot, industrial space in Portland saw average rents of $11.46 per square foot.

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 Portland, depending on the property type you are interested in. The highest concentration of commercial space listings of any kind in Portland is in the Downtown Portland neighborhood. But if we look at each commercial property type, we find that for office space, the best location is the Downtown Portland area.

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

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 $30 per square foot. In particular, the property type commanding the highest lease rates in Portland was Retail space.

The average size of a commercial property in 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 Portland, the average size of an office property is 60,147 square feet.
Retail properties here incorporate an average of 64,699 square feet.
Industrial space in Portland is in buildings that are, on average 101,992 square feet in size.

Portland, ME Currently Available Listings

Commercial Space for Lease Breakdown

Commercial real estate listings for rent in Portland currently add up to 792,087 square feet. The market offers 55 active office listing(s), which amount to 580,264 square feet and account for 65% of commercial spaces on the market. Local retail availability includes 82,992 square feet across 23 retail space(s). Industrial space for rent opportunities in Portland amount to 128,831 square feet across a total of 6 warehouse and other industrial listing(s).

Property Type	Count of Listings	Total SF
Office	55	580,264
Retail	23	82,992
Industrial	6	128,831

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 Portland, ME. Currently, there is 200,849 square feet of commercial property for sale here , which includes 3 office building(s) for sale , 6 retail investment opportunity listing(s) , and 3 listing(s) of industrial real estate property for sale .

Property Type	Count of Listings	Total SF
Office	3	14,322
Retail	6	41,777
Industrial	3	133,487
Other	4	11,263

Portland, ME Commercial Real Estate for Lease and Sale

For Lease | Fully-Furnished Class A Office Space

Two Monument Square

For Lease | Class A Executive Office Suites

Two Commercial Condos

1290 Congress St

482 Congress Street

Merrill's Wharf

Downtown Office/Retail Space

Prime Waterfront Offices

700 Stroudwater Street

Stroudwater Crossing

Four Professional Office Suites

Retail/Office Space

For Lease | Retail/Flex Space

631 Stevens Avenue, Portland

60-66 Pearl Street

1 Davis Farm Road

Office Space

2385 Congress Street

The State Theatre Building

Office Space

Premier Suburban Office Building

91 Industrial Way

Flex/Office, Light Industrial Space

22 Monument Square

One Canal Plaza

Frequently Asked Questions

Portland, ME Currently Available Listings

Commercial Space for Lease Breakdown

Commercial Space for Sale Breakdown

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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 Portland, ME?

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

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

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

Portland, ME Currently Available Listings

Commercial Space for Lease Breakdown

Commercial Space for Sale Breakdown

Other Popular Searches

Popular Coworking Searches

Popular Office Searches

Popular Retail Searches

Popular Industrial Searches

About us