540 Congress ST new

Portland,ME 04101

$ 4295000

- Bed

0 Bath

30877 SqFt


Key Details

Property Type Commercial Sale

Sub Type General Commercial

Listing Status Active

Square Footage 30,877 sqft

Price per Sqft $139

MLS Listing ID 1629898

Year Built 1942

Annual Tax Amount $64,077

Tax Year 2024

Lot Size 0.580 Acres

Property Sub-Type General Commercial

Property 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 24,800± SF of climate-controlled retail space, supported by 1,800± SF of warehouse space, & 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).

Location

State ME

County Cumberland

Zoning B-3

Exterior

Parking Features Other,Paved,On Street

Utilities Available 1

View Y/N No

Roof Type Membrane

Building

Lot Description Public Transport Access,Near Turnpike/Interstate,Near Airport,Downtown,Business District,Near Shopping

Story 2

Sewer Public Sewer

Water Public

Structure Type Brick,Masonry

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