125 Kennebec Street 1, Portland, ME 04101

$2,368,000
Property Type: Commercial Square Footage: 16,836 Status: Active
Current Price: $2,368,000 List Date: 11/04/2025 Last Modified: 3/17/2026

Overview

Description

We are pleased to offer this exciting opportunity in Portland's fastest growing neighborhood. Right in the middle of the Bayside revitalization, sits this amazing three-story plus full basement wood frame beauty, formally known as Portland Architectural Salvage. This building sits on 3 corners and enjoys parking for 13+ vehicles. The very cool and modern three-story steel and glass entry separates the two buildings from each other but allows a shared large double door elevator and wide stair tower. Each building also shares common expenses for efficiency. Each floor here boasts almost 4500 sf with no bearing walls. The full basement space with two egresses and lots of windows, has tons of possibilities for added marketable space. The first floor shows off the original wood floors and structural beams along with oversized windows flooding the space with lots of light and exposure. The second and third floors lay out similarly, but Back Cove can be seen from the third floor. This buildin ...

Listing Details MLS# 1642705

Location Information

Street #
125
Street Name
Kennebec
Street Type
Street
Unit #
Yes
County
Cumberland
Town
Portland
State/Province
ME
Zip Code
04101
Zip +4
2405
Leased Land
No
Book
23398
Page
12
Map
34
Block
I
Lot
001
Zoning
B3
Zoning Overlay
Yes
Full Tax Amount $
25716
Tax Year
2024
Tree Growth Y/N
No
Association Y/N
Yes
Neighborhood Association
125 Kennebec Street Condominium
Fee Frequency Paid
Annually
Association Fee
0

Contract Information

Original List Price
2669000

Property Information

Primary Use
General Commercial
Surveyed
Yes
Deed/Conveyance Type Offered
Quit Claim
Year Built
1900
Leases
No
Total # Floors
3
SqFt Finished Total
16836
Lot Size Acres +/-
0

Commercial Bldg Information

Ceiling Height +/-
10
Confidentiality Statement
No
Operating Expenses
48354
Warehouse SqFt
16836
Gross Income
0

Water Info

Water Frontage
No
Water View
Yes
Water Body Name
back cove from top floor

Utilities

Utilities On
Yes

More Information

Levels

Multi-Level
Yes

Location

Business District
Yes
Downtown
Yes
Near Shopping
Yes
Near Turnpike/Interstate
Yes
Water View
Yes

Source of Water Frontage

Public Records
Yes

Property Uses

Bar/Tavern/Lounge
Yes
Child Care
Yes
Commercial
Yes
Development
Yes
Distribution
Yes
Flex
Yes
Grocery
Yes
Manufacturing
Yes
Office Building
Yes
Restaurant
Yes
Retail
Yes
Special Purpose
Yes
Warehouse
Yes

Recreational Water

Nearby
Yes

Construction

Wood Frame
Yes

Basement

Full
Yes
Sump Pump
Yes
Unfinished
Yes

Foundation Materials

Brick/Mortar
Yes

Exterior

Clapboard
Yes
Fiber Cement
Yes

Roof

Membrane
Yes

Heat System

Steam
Yes

Heat Fuel

Oil
Yes

Cooling

None
Yes

Floors

Hardwood
Yes
Wood
Yes

Accessibilitiy Amenities

36+ Inch Doors
Yes
Elevator/Chair Lift
Yes

Building Features

Elevator Passenger
Yes
Fire System
Yes
Sprinkler - Wet
Yes
Storage
Yes

Parking

11 - 20 Spaces
Yes
On Site
Yes

Electric

Circuit Breakers
Yes

Gas

Natural - At Street
Yes

Sewer

Public Sewer
Yes

Water

Public
Yes

Property Features

Location: Business District; Downtown; Near Shopping; Near Turnpike/Interstate; Water View Source of Water Frontage: Public Records Recreational Water: Nearby Construction: Wood Frame Levels: Multi-Level Property Uses: Bar/Tavern/Lounge; Child Care; Commercial; Development; Distribution; Flex; Grocery; Manufacturing; Office Building; Restaurant; Retail; Special Purpose; Warehouse Basement: Full; Sump Pump; Unfinished Foundation Materials: Brick/Mortar Exterior: Clapboard; Fiber Cement Roof: Membrane Heat System: Steam Heat Fuel: Oil Cooling: None Floors: Hardwood; Wood Building Features: Elevator Passenger; Fire System; Sprinkler - Wet; Storage Parking: 11 - 20 Spaces; On Site Electric: Circuit Breakers Gas: Natural - At Street Sewer: Public Sewer Water: Public
IDX
Listing Office: Gardner Real Estate Group
Last Updated: March - 17 - 2026
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.