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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
Property Size
19,800 sq ft
Costar Property Class
B
Year Built
1900
Price
£2,205,597
Price per sq ft
£111.39
Occupancy Rate
46%
Tenancy
Multiple
Number of Floors
4
Typical Floor Size
4,950 sq ft
Floor To Floor Height
10 ft
Plot ratio
5.05
Total Plot Size
0.09 ac
Opportunity Zone
Yes
Use Class
B3 - Downtown Entertainment Overlay Zone
AMENITIES
- Bus Route
- Basement
PROPERTY TAXES
| Parcel Number | PTLD-000037-000000-F007001 | Improvements Assessment | £1,434,535 |
| Land Assessment | £160,149 | Total Assessment | £1,594,684 |
PROPERTY TAXES
Parcel Number
PTLD-000037-000000-F007001
Land Assessment
£160,149
Improvements Assessment
£1,434,535
Total Assessment
£1,594,684
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