Portland, ME Commercial Real Estate for Lease - 94 Listings

22 Monument Square

22 Monument Square, Downtown Portland, Portland, ME
Property

Office

26,992 SF
Availability

1 Space

1,256 SF
Year Built

1913
For Lease

$2,100.00/MO
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First-floor Commercial Condo For Lease

352 Warren Avenue, Riverton, Portland, ME
Property

Office

27,052 SF
Availability

1 Space

2,500 SF
Year Built

1988
For Lease

$13.00/SF/YR
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482 Congress Street

482 Congress Street, Downtown Portland, Portland, ME
Property

Office

54,180 SF
Availability

3 Spaces

7,543 SF
Year Built

1894
For Lease

$16.00/SF/YR
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One Canal Plaza

1 Canal Plaza, Downtown Portland, Portland, ME
Property

Office

129,780 SF
Availability

4 Spaces

24,082 SF
Year Built

1973
For Lease

$30.00/SF/YR
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27 Pearl Street

27 Pearl Street, Downtown Portland, Portland, ME
Property

Office

46,767 SF
Availability

1 Space

10,020 SF
Year Built

1972
For Lease

$20.00/SF/YR
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Downtown Retail Space

442 Fore Street, Downtown Portland, Portland, ME
Property

Retail

13,888 SF
Availability

1 Space

2,400 SF
Year Built

1942
For Lease

$55.00/SF/YR
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One City Center

1 City Center, Downtown Portland, Portland, ME
Property

Office

210,000 SF
Availability

7 Spaces

35,413 SF
Year Built

1987
For Lease

$23.00/SF/YR
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Freestanding Building with Drive-Thru

701 Forest Avenue, Back Cove, Portland, ME
Property

Retail

12,658 SF
Availability

2 Spaces

6,405 SF
Year Built

1998
For Lease

$16.00/SF/YR
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91 Industrial Way

91 Industrial Way, Riverton, Portland, ME
Property

Industrial

17,600 SF
Availability

5 Spaces

35,200 SF
For Lease Contact for pricing
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Boyd Block & Four Canal Plaza

178 Middle Street, Downtown Portland, Portland, ME
Property

Office

68,000 SF
Availability

1 Space

4,627 SF
Year Built

1867
For Lease

$27.00/SF/YR
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High Visibility Office/Retail Space

55 Washington Avenue, East End Portland, Portland, ME
Property

Office

132,430 SF
Availability

1 Space

7,815 SF
Year Built

1920
For Lease

$21.06/SF/YR
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The State Theatre Building

142 High Street, Parkside, Portland, ME
Property

Office

100,000 SF
Availability

1 Space

1,180 SF
Year Built

1928
For Lease

$25.00/SF/YR
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2385 Congress Street

2385 Congress Street, Stroudwater, Portland, ME
Property

Office

16,637 SF
Availability

1 Space

16,637 SF
For Lease

$13.00/SF/YR
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Professional Office Suite

970 Baxter Blvd, Back Cove, Portland, ME
Property

Office

30,807 SF
Availability

1 Space

2,205 SF
Year Built

2000
For Lease

$16.00/SF/YR
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Two Monument Square

2 Monument Square, Downtown Portland, Portland, ME
Property

Office

122,000 SF
Availability

6 Spaces

21,206 SF
Year Built

1979
For Lease

$22.00/SF/YR
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510 Congress Street

510 Congress Street, Downtown Portland, Portland, ME
Property

Office

93,358 SF
Availability

2 Spaces

19,970 SF
For Lease

$11.75/SF/YR
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219 Anderson Street, Portland

219 Anderson Street, West Bayside, Portland, ME
Property

Industrial

13,776 SF
Availability

1 Space

2,700 SF
For Lease

$20.00/SF/YR
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Chase Block 1853

217 Commercial Street, Downtown Portland, Portland, ME
Property

Office

28,815 SF
Availability

3 Spaces

4,286 SF
Year Built

1853
For Lease

$24.75/SF/YR
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1 Monument Square

1 Monument Square, Downtown Portland, Portland, ME
Property

Office

124,658 SF
Availability

1 Space

4,544 SF
Year Built

1970
For Lease

$23.00/SF/YR
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Nissen Office Building

75 Washington Avenue, East End Portland, Portland, ME
Property

Office

132,430 SF
Availability

2 Spaces

11,359 SF
Year Built

1920
For Lease

$18.50/SF/YR
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Downtown Class A Office Space

100 Middle Street, Downtown Portland, Portland, ME
Property

Office

195,000 SF
Availability

5 Spaces

38,471 SF
Year Built

1987
For Lease

$26.00 - $30.00/SF/YR
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Stroudwater Crossing

1685 Congress Street, Libbytown, Portland, ME
Property

Office

30,548 SF
Availability

1 Space

4,179 SF
Year Built

1986
For Lease

$14.00/SF/YR
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183 Middle Street, Portland

183 Middle Street, Downtown Portland, Portland, ME
Property

Office

18,060 SF
Availability

1 Space

1,614 SF
For Lease

$18.75/SF/YR
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Thomas Block

100 Commercial Street, Downtown Portland, Portland, ME
Property

Office

61,657 SF
Availability

2 Spaces

4,235 SF
Year Built

1980
For Lease

$27.87 - $28.75/SF/YR
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45 Exchange Street

45 Exchange Street, Downtown Portland, Portland, ME
Property

Office

25,071 SF
Availability

2 Spaces

4,140 SF
Year Built

1900
For Lease

$18.75/SF/YR
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60-66 Pearl Street

66 Pearl Street, Downtown Portland, Portland, ME
Property

Office

51,000 SF
Availability

3 Spaces

9,529 SF
Year Built

1985
For Lease

$21.75 - $28.75/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 Portland commercial real estate market incorporates 3,612,917 square feet of office space across 63 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 1,144,167 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 684,998 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 593,187 square feet of available listings. Industrial space available in Portland adds up to 172,531 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 $20.04 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 $19.13 per square foot, industrial space in Portland saw average rents of $11.14 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 $35 per square foot. In particular, the property type commanding the highest lease rates in Portland was Retail space.

Conversely, the highest sale price last year was $5,325,000 that is located at 75 Northport Drive.

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 61,236 square feet.
Retail properties here incorporate an average of 47,674 square feet.
Industrial space in Portland is in buildings that are, on average 57,084 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 873,861 square feet. The market offers 60 active office listing(s), which amount to 593,187 square feet and account for 62% of commercial spaces on the market. Local retail availability includes 108,143 square feet across 26 retail space(s). Industrial space for rent opportunities in Portland amount to 172,531 square feet across a total of 10 warehouse and other industrial listing(s).

Property Type	Count of Listings	Total SF
Office	60	593,187
Retail	26	108,143
Industrial	10	172,531

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 248,403 square feet of commercial property for sale here , which includes 3 office building(s) for sale , 6 retail investment opportunity listing(s) , and 2 listing(s) of industrial real estate property for sale .

Property Type	Count of Listings	Total SF
Office	3	15,066
Retail	6	46,419
Industrial	2	128,711
Other	5	58,207

Portland, ME Commercial Real Estate for Lease - 94 Listings

22 Monument Square

First-floor Commercial Condo For Lease

482 Congress Street

One Canal Plaza

27 Pearl Street

Downtown Retail Space

One City Center

Freestanding Building with Drive-Thru

91 Industrial Way

Boyd Block & Four Canal Plaza

High Visibility Office/Retail Space

The State Theatre Building

2385 Congress Street

Professional Office Suite

Two Monument Square

510 Congress Street

219 Anderson Street, Portland

Chase Block 1853

1 Monument Square

Nissen Office Building

Downtown Class A Office Space

Stroudwater Crossing

183 Middle Street, Portland

Thomas Block

45 Exchange Street

60-66 Pearl Street

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 - 94 Listings

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