5 Moulton StPortland, ME 04101

Property Details for 5 Moulton St

Year built

1900

Lot size

0.08 AC

Property size (Sq ft)

25,752 SF

Property type

Office properties

Property subtype

Office buildings

APN

PTLD M:032 B:S005001

APU

PTLDM032BS005001

Description

This exceptional six-story office building at 5 Moulton Street in Portland, Maine, offers a unique blend of historic charm and modern functionality. Built in 1874, this 25,752 square foot property sits on a 0.08-acre lot and is zoned B3. The building features a single passenger elevator, making navigation easy throughout its six floors. The property is ideal for a variety of office uses, including executive suites, traditional office spaces, and coworking arrangements. Multiple tenancy options are available to suit diverse business needs. The building's rich history is complemented by its modern amenities, providing a unique and desirable workspace in the heart of Portland. The property's address is 5 Moulton St, Portland, ME 04101, and its location is further identified by APN Map 032, Block S, Lot 5 in Cumberland County. This single-building property presents a rare opportunity to secure a well-located and versatile office space in a thriving Maine city. The building's classic architecture and convenient amenities make it an attractive option for businesses seeking a prestigious and functional office environment.

• CAP approach

  CAP return

  Valuation

  6%

  $4,257,575

  6.5%

  $3,930,069

  7%

  $3,649,350

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,364,756

  Geo Method

  $3,364,756

• Alternative Use

  Use

  Valuation

  Residential

  $4,873,286

  Hospitality

  $4,463,904

  Educational

  $3,713,915

  Medical

  $3,841,642

  Retail

  $5,777,202

Location Insight

City

Portland

County

Cumberland

State

Maine

Latitude

43.6562

Longitude

-70.2525

CBSA code

38860

CBSA name

PORTLAND-SOUTH PORTLAND-BIDDEFORD, ME METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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