Ocean Gate Plaza and The Arts District Parking Garage are located off of Congress Street in the Heart of Downtown Portland, Maine. Considered the Gateway between the Financial District & Arts District of Portland, the offering consists of a 130,000 +/- square foot Class A Office Tower and the newly built 256 vehicle Arts District Parking Garage. Ocean Gate Plaza has several anchor Tenants in place with long-term leases including Wood. that occupies 41,718 +/- square feet of Class A space that was fully renovated by the Owner in 2019. Situated on 0.977 +/- acres, other features of Ocean Gate Plaza include an open courtyard off Congress Street (Congress was voted best street in the United States), a fully renovated grand lobby with concierge security, and two single story wings tenanted by a mix of retail, food service, and general business. The Arts District Parking Garage is situated on 0.89 +/- acres and offers vehicle entry on Brown Street, Casco Street, and Cumberland Avenue. The newest garage in Greater Portland, this "State of the Art" five deck parking garage was completed in the Summer of 2019 and opened for business in mid-August. The Arts District Garage provides monthly and short-term parking in a dense area where there is high demand. Abutting Ocean Gate Plaza, Tenants who utilize the parking garage have direct access to the office tower which also offers 24 hour keyless entry. This premier commercial real estate portfolio is ideal for buyers looking for a signature investment opportunity in Maine's hottest market. This investment portfolio is available for $32,500,000. Please contact brokers and provide signed confidentiality agreement for additional information.
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