Portland, ME 04101,540 Congress ST
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Portland, ME 04101,540 Congress ST
Portland, ME 04101,540 Congress ST
Portland, ME 04101,540 Congress ST
Portland, ME 04101,540 Congress ST
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Listed by The Boulos Company
$ 4,295,000
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540 Congress ST Portland, ME 04101

30,877 SqFt


UPDATED:

Key Details

Property Type Commercial Sale

Sub Type General Commercial

Listing Status Active

Square Footage 30,877 sqft

MLS Listing ID 1629898

HOA Y/N No

Year Built 1942

Annual Tax Amount $64,077

Tax Year 2024

Lot Size 0.580 Acres

Acres 0.58

Property Sub-Type General Commercial

Source Maine Listings

Land Area 30877

Property Description

Mixed-use building with Art Deco style construction in the heart of downtown Portland.

Prominent visibility w/ frontage on both Congress Street & Free Street.

1st Floor condominium built out as 25,800± SF of climate-controlled retail space, supported by approximately 1,800± SF of warehouse space, & approximately 1,200± SF of office space.

2nd Floor space built out with four (4) leased residential condominiums, accessible via stairwell on Congress Street.

Value-add component through upstairs residential condominiums & new owner's ability to build more units (see broker).

Location

State ME

County Cumberland

Zoning B-3

Exterior

Parking Features Other, Paved, On Street

Utilities Available 1

View Y/N No

Roof Type Membrane

Building

Lot Description Public Transport Access, Near Turnpike/Interstate, Near Airport, Downtown, Business District, Near Shopping

Story 2

Sewer Public Sewer

Water Public

Structure Type Brick,Masonry

Others

Energy Description Gas Natural


Maine MLS (MREIS) IDX
Cassie Mason

Cassie Mason

Broker | Bean Group016220

+1(207) 418-1560

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540 Congress ST