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540 Congress Street

Portland, ME 04101
Square Ft.
30,877
Active
Commercial
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$4,295,000
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 24,800± SF of climate-controlled retail space, supported by 1,800± SF of warehouse space, & 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).
Market LogoCourtesy of The Boulos Company 207-772-1333
Listing Snapshot
Days Online
60
Last Updated
Property Type
General Commercial
Square Ft.
30,877
Lot Size
0.58 Acres
Year Built
1942
MLS Number
1629898
Additional Details
Building
Building Area Total: 30,877, Construction Materials: "Brick", "Masonry", Year Built: 1942, 2 stories
Lot
Features: "Public Transport Access", "Near Turnpike/Interstate", "Near Airport", "Downtown", "Business District", "Near Shopping", 0.58 acres, Area: 0.58, 25,265 square feet
Parking
Features: "Other", "Paved", "On Street"
Property
Business Type: "Commercial", "Retail", "Other", Parcel Number: 540CongressStreetPortland04101, Property Sub Type: General Commercial, Zoning: B-3
Roof
Roof: "Membrane"
Sewer
Sewer: "Public Sewer"
Taxes
Annual Amount: $64,077, Tax Lot: H002005
Utilities
Water Source: "Public"
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SOurce: Home Junction
Monthly Payment
$0
30 Days Snapshot Of 04101
$815k
+4%
(avg) sold price
14
-26%
homes sold
209
+344%
(avg) days on market
Snapshot
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Fred Andrews
Designated Broker | CEO
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Schools In The Area

Source: Home Junction
Check out nearby schools with ratings and contact info.
Howard C Reiche Community School 207-874-8175 Public PK-5
East End Community School 207-874-8228 Public PK-5
King Middle School 207-874-8140 Public 6-8
Deering High School 207-874-8260 Public 9-12
Howard C Reiche Community School 207-874-8175 Public PK-5
East End Community School 207-874-8228 Public PK-5
Howard C Reiche Community School 207-874-8175 Public PK-5
East End Community School 207-874-8228 Public PK-5
King Middle School 207-874-8140 Public 6-8
Deering High School 207-874-8260 Public 9-12
Casco Bay High School 207-874-8160 Public 9-12

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Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.