Freestanding Mixed-Use Building

For Lease

550 Washington Avenue, Portland, ME 04103

You can currently find 3 retail space(s) available for lease at Freestanding Mixed-Use Building. Designated use type for space listed here includes freestanding and flex - industrial. Current retail listings at this property total 5,443 square feet. Lease type options include Modified Gross. Expand the listing and property details below for additional information on leasing opportunities at Freestanding Mixed-Use Building.

Space Available For Lease 3

Contacts

Noah Stebbins

The Boulos Company

Property Details

  • Property Type Retail - Street Retail
  • Property Size 9,045 SF
  • Lot Size 0.23 Acre
  • Parking Spaces Avail. 11
  • Property Tenancy Multi-Tenant
  • Year Built 1930
  • Year Renovated 2023
  • Date Updated Sep 22, 2026
Prominent Washington Avenue frontage with exposure to more than 26,150± vehicles per day, providing strong visibility for tenant signage and brand recognition.Freestanding Mixed-Use Building
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Highlights

  • Established East Deering location in a densely developed Portland neighborhood, offering access to surrounding residential areas, nearby businesses, and the broader Portland market
  • Suite A: 1,477± SF two (2) story retail/office space
  • Suite B: 2,306± SF flex space
  • Suite C: 1,660± SF small bay industrial space with two (2) loading docks (can be combined with Suite B)

Attachments

Getting around

  • 55/100

    Walk Score ®

  • 34/100

    Transit Score ®

  • 74/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Portland, ME
  • Neighborhood Back Cove
  • Zip Code 04103
  • Market Portland ME

Points of Interest

  • Portland

    2.46 miles

  • Cumberland Farms

    0.60 miles

  • Tesla Supercharger

    1.25 miles

  • Big Apple

    1.25 miles

  • Forest Avenue Mobil

    1.37 miles

  • Citgo

    1.65 miles

  • Sunoco

    1.74 miles

  • Gulf

    1.76 miles

  • 7-Eleven

    1.99 miles

  • Irving

    2.10 miles

  • ChargePoint

    9.16 miles

  • Contractor Parking

    0.23 miles

  • Top of the Old Port Parking Lot

    1.42 miles

  • Ocean Gateway Garage

    1.52 miles

  • City of Portland Day Parking Lot

    1.52 miles

  • USM Surrenden Street Parking Garage

    1.53 miles

  • Cumberland County Parking Garage

    1.53 miles

  • Elm Street Parking Facility

    1.55 miles

  • Middle & Pearl Parking

    1.61 miles

  • Monument Square Parking Garage

    1.63 miles

  • Ocean Gateway Lot

    1.63 miles

  • Veranda Noodle Bar

    0.10 miles

  • Veranda Thai

    0.11 miles

  • Monte's Fine Foods

    0.56 miles

  • Portland Pottery Cafe

    0.99 miles

  • Ramona's

    1.04 miles

  • Baharat

    1.04 miles

  • Tu Casa

    1.12 miles

  • Silly's

    1.12 miles

  • Pigeons

    1.14 miles

  • Cong Tu Bot

    1.14 miles

  • Rosemont Market

    1.17 miles

  • Whole Foods Market

    1.20 miles

  • Hannaford

    1.28 miles

  • Trader Joe's

    1.34 miles

  • Veranda Asian Market

    1.40 miles

  • Portland Food Co-op

    1.41 miles

  • Congress Plaza Shopping Center

    1.42 miles

  • Reny's

    1.77 miles

  • Paul's Food Center

    1.83 miles

  • Shaw's

    2.07 miles

550 Washington Avenue Listing Brief

  • A property’s location contributes to the asking rent almost as much as its characteristics do. For instance, central urban locations with high walkability or suburban locations with ample parking and easy access by car will claim higher rents but offer superior access to your customer base. Likewise, the quality of the building systems and property finishes have a significant impact on how businesses can conduct their activity there, as well as on the experience of their customers.

    550 Washington Avenue is located in Back Cove, which is home to a total of 4 listing(s). Retail space at Freestanding Mixed-Use Building asks $12.50/SF/YR per square foot.

  • The property includes 5,443 square feet of retail space for lease. Of this total, 3,966 square feet are Flex - Industrial, 1,477 square feet are Freestanding.

    Lease agreement conditions for the availability at this property include Modified Gross.

    For more information or to schedule a tour of the property, use the convenient contact form on this page to get in touch with a representative.

  • You should keep in mind that different areas gradually build a reputation as hotspots or desirable corridors for shopping, eating, or other entertainment and consumer activities. So, while renting retail space in an area with a well-established high-end reputation might mean more customers that are more willing to spend, it will also place you in a more competitive environment.

    550 Washington Avenue was last renovated in 2023.

    Knowing your ideal customer is essential. For your consideration, the average age of residents in Back Cove is 38. The average household income here is $89,796 per year.

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