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307 Cumberland Ave 25,650 SF Office Building Portland, ME 04101 $4,900,000 ($191.03/SF)
Executive Summary
Excellent owner/user opportunity in the heart of the Portland Peninsula featuring an on-site surface parking lot with a total of 47± exclusive parking spaces
25,650± SF total, including 17,100± SF across two stories plus an additional 8,550± SF ground-level, ideal for office, creative, or support uses
Immediate access to downtown amenities, dining, and services, supporting employee attraction and retention
Located amid significant neighborhood investment and active redevelopments
Two parking garages located across the street
25,650± SF total, including 17,100± SF across two stories plus an additional 8,550± SF ground-level, ideal for office, creative, or support uses
Immediate access to downtown amenities, dining, and services, supporting employee attraction and retention
Located amid significant neighborhood investment and active redevelopments
Two parking garages located across the street
Property Facts
Sale Type
Owner User
Property Type
Office
Building Size
25,650 SF
Building Class
B
Year Built/Renovated
1963/2020
Price
$4,900,000
Price Per SF
$191.03
Tenancy
Single
Building Height
3 Stories
Typical Floor Size
8,550 SF
Slab To Slab
9’
Building FAR
1.13
Lot Size
0.52 AC
Zoning
B3 - Business Downtown
Parking
47 Spaces (1.83 Spaces per 1,000 SF Leased)
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Exceptionally walkable
100/100
Moderately drivable
70/100
Good public transit
60/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | WSBR-000044-000000-000058 | Improvements Assessment | $151,400 |
| Land Assessment | $72,100 | Total Assessment | $223,500 |
Property Taxes
Parcel Number
WSBR-000044-000000-000058
Land Assessment
$72,100
Improvements Assessment
$151,400
Total Assessment
$223,500
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