125 Kennebec Street 1, Portland, ME 04101
$2,669,000
Property Type:
Commercial
Square Footage:
16,836
Status:
Active
Current Price:
$2,669,000
List Date:
11/04/2025
Last Modified:
11/17/2025
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 building has housed many Portland businesses over the years but is now ready for your vision of retail, office, residential, or any combination you'd like!
Supplements: ********
More Information MLS# 1642705
Location Information
Unit #: 1
Book: 23398
Leased Land: No
Page: 12
Map: 34
Block: I
Lot: 001
Zoning Overlay: Yes
Association Fee: 0
Fee Frequency Paid: Annually
Tree Growth Y/N: No
Association Y/N: Yes
Street #: 125
Street Name: Kennebec
Street Type: Street
County: Cumberland
Town: Portland
State/Province: ME
Zip Code: 04101
Zip +4: 2405
Zoning: B3
Full Tax Amount $: 25716
Tax Year: 2024
Neighborhood Association: 125 Kennebec Street Condominium
Geo Lat: 43.660739
Geo Lon: -70.263304
Property Information
Primary Use: General Commercial
Surveyed: Yes
Deed/Conveyance Type Offered: Quit Claim
Lot Size Acres +/-: 0
Leases: No
Total # Floors: 3
Year Built: 1900
SqFt Finished Total: 16836
Location
Business District: 1
Downtown: 1
Near Shopping: 1
Near Turnpike/Interstate: 1
Water View: 1
Commercial Bldg Information
Ceiling Height +/-: 10
Confidentiality Statement: No
Gross Income: 0
Operating Expenses: 48354
Warehouse SqFt: 16836
Water Info
Water Frontage: No
Water View: Yes
Water Body Name: back cove from top floor
Source of Water Frontage
Public Records: 1
Property Uses
Bar/Tavern/Lounge: 1
Child Care: 1
Commercial: 1
Development: 1
Distribution: 1
Flex: 1
Grocery: 1
Manufacturing: 1
Office Building: 1
Restaurant: 1
Retail: 1
Special Purpose: 1
Warehouse: 1
Recreational Water
Nearby: 1
Construction
Wood Frame: 1
Levels
Multi-Level: 1
Basement
Full: 1
Sump Pump: 1
Unfinished: 1
Foundation Materials
Brick/Mortar: 1
Exterior
Clapboard: 1
Fiber Cement: 1
Roof
Membrane: 1
Heat System
Steam: 1
Heat Fuel
Oil: 1
Cooling
None: 1
Floors
Hardwood: 1
Wood: 1
Accessibilitiy Amenities
36+ Inch Doors: 1
Elevator/Chair Lift: 1
Building Features
Elevator Passenger: 1
Fire System: 1
Sprinkler - Wet: 1
Storage: 1
Parking
11 - 20 Spaces: 1
On Site: 1
Electric
Circuit Breakers: 1
Utilities
Utilities On: Yes
Gas
Natural - At Street: 1
Sewer
Public Sewer: 1
Water
Public: 1
Contract Information
Status: Active
Original List Price: 2669000
List Price: $2,669,000
Current Price: $2,669,000
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
Property disclosure and Deed ›
Listing Office:
Gardner Real Estate Group
IDX
Last Updated: November - 17 - 2025
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