Share This Listing

Message

962 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the broker for more information about this property

Executive Summary

STROUDWATER CROSSING
32,134± SF professional/medical office building on 8.92± AC lot
100% occupied with long-term NNN Tenants
Central location between The Maine Mall and Downtown Portland with easy access from I-295 and I-95
Ample parking at 5:1 ratio
NOI of $585,799.00

Property Facts

Sale Type
Investment
Property Type
Office
Building Size
32,134 SF
Building Class
C
Year Built/Renovated
1986/2025
Price
$7,900,000
Price Per SF
$245.85
Cap Rate
7.42%
NOI
$585,799
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
10,218 SF
Building FAR
0.08
Lot Size
8.92 AC
Zoning
Commercial - Office and Business Services Stroudwater Crossing is within Portland’s Historic District
Parking
120 Spaces (3.91 Spaces per 1,000 SF Leased)

Major Tenants Click Here to Access

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease Type
  • Lease End
  • Health Care and Social Assistance
  • -
  • $9.99
  • Lorem Ipsum
  • -

Amedisys began in 1982 as a healthcare-at-home provider focused on nursing services and home care. The company now offers home health care, hospice care, palliative care, personal home care, and high-acuity care through a broad network of care centers and referral relationships. Amedisys serves patients recovering from illness or surgery, managing chronic conditions, and needing end-of-life support, with care delivered in the home. The company has built a national presence over time while remaining centered on in-home services.

  • Finance and Insurance
  • -
  • -
  • -
  • Jan 0000

When clients' partner with RPS, they receive the benefits of a large, national insurance organization that has maintained an entrepreneurial spirit and commitment to culture found in regional niche agencies. Employees are welcomed into a culture that values community, innovation and collaboration – a culture that contributes to RPS being recognized as a top insurance workplace.

Tenant Industry SF Occupied Rent/SF Lease Type Lease End
Health Care and Social Assistance - $9.99 Lorem Ipsum -
Finance and Insurance - - - Jan 0000
Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
40/100

Property Taxes

Property Taxes

Parcel Number
PTLD-000219-000000-A013001
Land Assessment
$1,992,800
Improvements Assessment
$3,538,000
Total Assessment
$5,530,800
  • Listing ID: 38971647

  • Date on Market: 1/5/2026

  • Last Updated:

  • Address: 1685 Congress St, Portland, ME 04102

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}