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110 Free St 88,872 SF Office Building Portland, ME 04101 $16,000,000 ($180.03/SF)
EXECUTIVE SUMMARY
110, 120, 128 & 130 FREE STREET, PORTLAND
85,972± SF office building, 4,300± SF retail building and two parking lots with a total of 172± spaces
Office building could be redeveloped for residential use
Layout consists of an open floor plan with 13 traditional offices, a ground floor with a board room, 350-person conference center, health facility, catering kitchen and outdoor deck with views of Portland Harbor
$15 million renovation completed in 2010 for MaineHealth’s corporate headquarters
85,972± SF office building, 4,300± SF retail building and two parking lots with a total of 172± spaces
Office building could be redeveloped for residential use
Layout consists of an open floor plan with 13 traditional offices, a ground floor with a board room, 350-person conference center, health facility, catering kitchen and outdoor deck with views of Portland Harbor
$15 million renovation completed in 2010 for MaineHealth’s corporate headquarters
PROPERTY FACTS Under Contract
Sale Type
Investment
Property Type
Office
Property Subtype
Building Size
88,872 SF
Building Class
C
Year Built/Renovated
1946/2010
Price
$16,000,000
Price Per SF
$180.03
Tenancy
Single
Building Height
4 Stories
Typical Floor Size
22,218 SF
Slab To Slab
15’
Building FAR
2.03
Lot Size
1.00 AC
Opportunity Zone
Yes
Zoning
B-3 - Business Community Zone
Parking
331 Spaces (4.15 Spaces per 1,000 SF Leased)
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Walk Score®
Walker's Paradise (98)
Bike Score®
Very Bikeable (85)
PROPERTY TAXES
| Parcel Number | PTLD-000039-000000-C001002 | Improvements Assessment | $2,781,500 |
| Land Assessment | $696,600 | Total Assessment | $3,478,100 |
PROPERTY TAXES
Parcel Number
PTLD-000039-000000-C001002
Land Assessment
$696,600
Improvements Assessment
$2,781,500
Total Assessment
$3,478,100
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110 Free St
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