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24 Preble St
Portland, ME 04101
Office Property For Sale
EXECUTIVE SUMMARY
15,840± SF Mixed-Use Building in Monument Square
• First, Third, and Fourth floors available for owner/user to occupy up to 3/4ths of the building if needed. Recent upgrades include HVAC units and a new roof with quality office and retail build-out.
• Located immediately off Monument Square within Portland’s Arts and Financial District, adjacent to the Time & Temperature building, and across from Maine Public Broadcasting’s new headquarters.
• Portland’s “first skyscraper” at 465 Congress Street, located diagonally from 24 Preble St, is slated for redevelopment into a bank-themed 92-room boutique hotel with a restaurant.
• First, Third, and Fourth floors available for owner/user to occupy up to 3/4ths of the building if needed. Recent upgrades include HVAC units and a new roof with quality office and retail build-out.
• Located immediately off Monument Square within Portland’s Arts and Financial District, adjacent to the Time & Temperature building, and across from Maine Public Broadcasting’s new headquarters.
• Portland’s “first skyscraper” at 465 Congress Street, located diagonally from 24 Preble St, is slated for redevelopment into a bank-themed 92-room boutique hotel with a restaurant.
PROPERTY FACTS
Sale Type
Investment
Property Type
Office
Building Size
19,800 SF
Building Class
B
Year Built
1900
Price
$4,067,843 CAD
Price Per SF
$205.45 CAD
Percent Leased
46%
Tenancy
Multiple
Building Height
4 Stories
Typical Floor Size
4,950 SF
Slab To Slab
10’
Building FAR
5.05
Lot Size
0.09 AC
Opportunity Zone
Yes
Zoning
B3 - Downtown Entertainment Overlay Zone
AMENITIES
- Bus Line
- Basement
PROPERTY TAXES
| Parcel Number | PTLD-000037-000000-F007001 | Improvements Assessment | $2,694,526 CAD |
| Land Assessment | $300,812 CAD | Total Assessment | $2,995,338 CAD |
PROPERTY TAXES
Parcel Number
PTLD-000037-000000-F007001
Land Assessment
$300,812 CAD
Improvements Assessment
$2,694,526 CAD
Total Assessment
$2,995,338 CAD
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