Compared to the rest of the Greater Portland market, the South Portland submarket has lower rates, so you should have no trouble finding a great deal in this discounted region.
In the last 90 days, 13 listings have been listed, which means office spaces might be leasing quickly. You'll want to be prepared to make an offer immediately. About 15% of the available space in the South Portland are subleases, so you might be able to find a shorter term or below market rent. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
Even though the median size is 3,020 sqft, there are still 0 new availabilities below 2,000 sqft. Most properties in this area are around 3 floors. Most buildings in this region were built in 1954 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Health care is the dominant industry in this market. Commute by public transit is the most popular way to get to work amongst South Portland occupants. Commuting close to 20 minutes a day is the norm for those who opt to reside in this part of town.