540 Congress Street, Portland, ME 04101 (MLS# 1629898)
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
Street #: 540
Street Name: Congress
Street Type: Street
County: Cumberland
Town: Portland
State/Province: ME
Zip Code: 04101
Leased Land: No
Book: 31174
Page: 311
Map: 037
Lot: H002005
Zoning: B-3
Zoning Overlay: Unknown
Full Tax Amount $: 64077
Tax Year: 2024
Tree Growth Y/N: No
Association Y/N: No
Geo Lat: 43.655326
Geo Lon: -70.261214
Contract Information
Status: Active
Original List Price: 4295000
List Price: $4,295,000
Current Price: $4,295,000
Property Information
Primary Use: General Commercial
Surveyed: Unknown
Year Built: 1942
Year Renovated +/-: 2011
Tenancy: Multiple Tenants
Total # Floors: 2
SqFt Finished Total: 30877
Lot Size Acres +/-: 0.58
Commercial Bldg Information
Office SqFt +/-: 1200
Retail SqFt: 25800
Warehouse SqFt: 1800
Water Info
Water Frontage: No
Utilities
Utilities On: Yes
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
Last Updated: October - 24 - 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 ©2022 Maine Real Estate Information System, Inc. All Rights Reserved. Equal Housing Opportunity.
