Catylist ID:
#30868684
For Sale | 16 Middle Street, Unit 302, Portland
Office
for Sale
| Catylist Listing ID: | 30868684 |
| Property Subtypes: | Executive Suites, Mixed Use, Flex Space, Office Building, Research & Development, Other |
| Building Size (RSF): | 5,374 SF |
| Gross Building Area: | See Agent |
| Sale Price: | $1,450,000 |
| Unit Price: | $269.82 PSF |
| Property Use Type: | Vacant/Owner-User |
| Class of Space: | Class A |
| Sale Terms: | Cash to Seller |
| Cap Rate: | Undisclosed |
| Last Updated: | 4/26/2024 |
Overview / Comments
|
Take advantage of this unique opportunity to own or lease Class A office space in downtown Portland. Join major corporations such as Wex, Sunlife, Tilson Technology Management and Covetrus in one of Portlands most exciting neighborhoods! Own 5,374+/- SF of Class A office space, and become a member of the 16 Middle Street Condo Association. One of the few pet-friendly properties downtown. Enjoy convenient, dedicated parking in the Ocean Gateway Garage which offers direct, covered access into the building. Free rent available - contact broker for details! Sale price: $1,450,000 Lease rate: $23.00/SF MG |
Attachments & Media
Additional Details
| Nearest MSA: | Portland-South Portland |
| County: | Cumberland |
| Taxing Authority: | Portland |
| Tax ID/APN: | 05170_020 F002 |
| Zoning: | ISFB |
| Property Visibility: | Excellent |
| Highway Access: | I-295 |
| Airports: | PWM |
| Total Number of Buildings: | 1 |
| Number of Stories: | 5 |
| Year Built: | 2017 |
| Parking Description: | Enjoy convenient, dedicated parking in the Ocean Gateway Garage which offers direct, covered access into the building. |
| Passenger Elevators: | 2 |
| Zoning Description: | The India Street Form-Based Code is different than traditional zoning, placing the primary emphasis on a building’s physical form and its relationship to the street, and de-emphasizing land use. The intent of the India Street Form-Based Code Zone is to establish a zone that encourages a vibrant, walkable, mixed use urban district, preserves and values the existing historic neighborhood fabric, and fosters and supports local businesses and residential areas. The goal of the India Street Form-Based Code is the creation and preservation of an active and humanscale public realm and the reinforcement of existing neighborhood character through good street space design. The components of the form-based code include the guiding principles, Regulating Plan, subdistricts, general development standards, dimensional requirements, building design standards, diagrams, and definitions. |
Demographic Statistics
| Proximity: | 1 mile | 3 miles | 5 miles |
|---|---|---|---|
| Total Population: | 19,618 | 71,771 | 112,274 |
| Median Age: | 34.35 | 37.77 | 39.32 |
| Households: | 9,925 | 33,815 | 50,508 |
| © Copyright 2024 Moody's. All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither New England Commercial Property Exchange nor Moody's assume any liability for errors or omissions. |
