Listing

540 Congress Street

RetailMulti-Family

540 Congress Street, Portland, ME 04101

14 photos
Retail For Sale
Asking
$2,975,000
Available
28,877 SF
Floor / Suite
Mixed-Use Building
Listing Details
Type
Sale
Status
Active
Asking Price
$2,975,000
Price/SF
$103.02/SF
List Date
Jul 9, 2025
Available
Jul 9, 2025
Days on Market
458
Financing Available
No
Sale Total Expenses
$64,077
Vacant Date
Apr 1, 2026
Owner Occupied
No
Tax Amount
$64,077
Tax Year
2024
Last Verified
Aug 31, 2026
Agent Ownership Interest
No

Art Deco Mixed-Use Building In Downtown Portland

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).

Space Details

Suite
Mixed-Use Building
Available SF
28,877 SF
Property Highlights
Type
Retail · Mixed Use
Size
28,877 SF
Acreage
0.58 Acres
Occupancy Type
Multi Tenant
Year Built
1942
Year Renovated
2011
Floors
2
Zoning
B3
Sprinklered
Yes
County
Cumberland
Submarket
Portland-South Portland-Biddeford
Contact
CF
Cameron FosterPrimary
The Boulos Company
RM
Reese McFarlane
The Boulos Company
DS
Drew Sigfridson, SIOR
The Boulos Company
Location