107 Congress Street, Portland, ME 04101
$1,275,000
Property Type:
Commercial
Square Footage:
5,619
Lot Size (sq. ft.):
2,178
Status:
Closed
Current Price:
$1,275,000
List Date:
7/11/2025
Last Modified:
11/05/2025
Description
Offered for the First Time in 47 Years - A Rare Munjoy Hill Icon. Located at the pinnacle of Portland's sought-after Munjoy Hill, 101-107 Congress Street is a distinctive Italianate-style building offering a rare investment or live/work opportunity in one of the city's most vibrant neighborhoods. This mixed-use property features four well-maintained 2-bedroom, 1-bath apartments on the upper floors and versatile ground-floor commercial space—perfect for a home office, retail venture, or studio. The commercial level was once two separate storefronts, each with its own private entrance, offering exceptional flexibility for live/work or rental income. Enjoy sweeping views of the Portland Observatory and Casco Bay, just steps from the Eastern Promenade, downtown, and the working waterfront. Whether you're dreaming of an owner-occupied residence with supplemental income or a multi-use property that evolves with your lifestyle, this is an exceptional property in the heart of Portland.
Group Showing Wednesday 9/17 - 12:00-1:00pm
Supplements: ********
More Information MLS# 1630055
Location Information
Book: 37333
Leased Land: No
Page: 300
Map: 14
Block: D
Lot: 1
Zoning Overlay: Unknown
Tree Growth Y/N: No
Association Y/N: No
Street #: 107
Street Name: Congress
Street Type: Street
County: Cumberland
Town: Portland
State/Province: ME
Zip Code: 04101
Zip +4: 3603
Zoning: B1
Full Tax Amount $: 13425
Tax Year: 2024
Neighborhood Association: Munjoy Hill
Geo Lat: 43.666473
Geo Lon: -70.247468
Property Information
Primary Use: Mixed Use
Surveyed: Unknown
Deed/Conveyance Type Offered: Quit Claim w/Covenant
Deed: All
Lot Size Acres +/-: 0.05
Year Built: 1910
SqFt Finished Total: 5619
Location
Bus Line: 1
Business District: 1
Downtown: 1
Near Airport: 1
Near Shopping: 1
Near Turnpike/Interstate: 1
Public Transport Access: 1
Water View: 1
Commercial Bldg Information
Gross Income: 108811
Operating Expenses: 38982
Total Units: 5
Water Info
Water Frontage: No
Water View: Yes
Water Body Name: Casco Bay
Source of Water Frontage
Public Records: 1
Property Uses
Commercial: 1
Flex: 1
Office Building: 1
Restaurant: 1
Retail: 1
Water Body Type
Bay: 1
Ocean: 1
Recreational Water
Nearby: 1
Oceanfront: 1
Public: 1
ROW to Water: 1
Waterfront Deep: 1
Construction
Wood Frame: 1
Levels
Multi-Level: 1
Basement
Full: 1
Unfinished: 1
Foundation Materials
Brick/Mortar: 1
Stone: 1
Exterior
Clapboard: 1
Wood Siding: 1
Roof
Membrane: 1
Heat System
Baseboard: 1
Hot Water: 1
Radiator: 1
Heat Fuel
Gas Natural: 1
Cooling
None: 1
Floors
Tile: 1
Vinyl: 1
Wood: 1
Building Features
Storage: 1
Parking
No Parking: 1
Electric
Circuit Breakers: 1
Generator Hookup: 1
Utilities
Utilities On: Yes
Gas
Natural - On Site: 1
Sewer
Public Sewer: 1
Water
Public: 1
Sold Terms Other
Arms Length: 1
Contract Information
Status: Closed
Original List Price: 1695000
Sold Price: $1,275,000
Current Price: $1,275,000
Status Change Info
Pending Date: 2025-09-25
Closed Date: 2025-11-05
Closed Price: 1275000
Property Features
Location: Bus Line; Business District; Downtown; Near Airport; Near Shopping; Near Turnpike/Interstate; Public Transport Access; Water View
Source of Water Frontage: Public Records
Water Body Type: Bay; Ocean
Recreational Water: Nearby; Oceanfront; Public; ROW to Water; Waterfront Deep
Construction: Wood Frame
Levels: Multi-Level
Property Uses: Commercial; Flex; Office Building; Restaurant; Retail
Basement: Full; Unfinished
Foundation Materials: Brick/Mortar; Stone
Exterior: Clapboard; Wood Siding
Roof: Membrane
Heat System: Baseboard; Hot Water; Radiator
Heat Fuel: Gas Natural
Cooling: None
Floors: Tile; Vinyl; Wood
Building Features: Storage
Parking: No Parking
Electric: Circuit Breakers; Generator Hookup
Gas: Natural - On Site
Sewer: Public Sewer
Water: Public
Sold Terms Other: Arms Length
Documents
Income & Expense - ›
Listing Office:
Marsden Real Estate
IDX
Last Updated: November - 05 - 2025
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. Copyright ©2026 Maine Real Estate Information System, Inc. All Rights Reserved. Equal Housing Opportunity.