540 Congress Street, Portland, ME 04101
$4,295,000
Property Type:
Commercial
Square Footage:
30,877
Lot Size (sq. ft.):
25,265
Status:
Active
Current Price:
$4,295,000
List Date:
7/10/2025
Last Modified:
10/24/2025
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).
Supplements: ********
More Information MLS# 1629898
Location Information
Book: 31174
Leased Land: No
Page: 311
Map: 037
Lot: H002005
Zoning Overlay: Unknown
Tree Growth Y/N: No
Association Y/N: No
Street #: 540
Street Name: Congress
Street Type: Street
County: Cumberland
Town: Portland
State/Province: ME
Zip Code: 04101
Zoning: B-3
Full Tax Amount $: 64077
Tax Year: 2024
Geo Lat: 43.655326
Geo Lon: -70.261214
Property Information
Primary Use: General Commercial
Surveyed: Unknown
Lot Size Acres +/-: 0.58
Year Renovated +/-: 2011
Tenancy: Multiple Tenants
Total # Floors: 2
Year Built: 1942
SqFt Finished Total: 30877
Location
Business District: 1
Downtown: 1
Near Airport: 1
Near Shopping: 1
Near Turnpike/Interstate: 1
Public Transport Access: 1
Commercial Bldg Information
Office SqFt +/-: 1200
Retail SqFt: 25800
Warehouse SqFt: 1800
Water Info
Water Frontage: No
Property Uses
Commercial: 1
Other: 1
Retail: 1
Construction
Masonry: 1
Exterior
Brick: 1
Roof
Membrane: 1
Heat Fuel
Gas Natural: 1
Parking
Other Parking: 1
On Street: 1
Paved: 1
Utilities
Utilities On: Yes
Gas
Unknown: 1
Sewer
Public Sewer: 1
Water
Public: 1
Contract Information
Status: Active
Original List Price: 4295000
List Price: $4,295,000
Current Price: $4,295,000
Property Features
Location: Business District; Downtown; Near Airport; Near Shopping; Near Turnpike/Interstate; Public Transport Access
Construction: Masonry
Property Uses: Commercial; Other; Retail
Exterior: Brick
Roof: Membrane
Heat Fuel: Gas Natural
Parking: On Street; Other Parking; Paved
Gas: Unknown
Sewer: Public Sewer
Water: Public
Documents
Property Disclosure Public Access ›
Listing Office:
The Boulos Company
IDX
Last Updated: October - 24 - 2025
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