Prime Downtown Portland Mixed Use commercial opportunity
Retail574 Congress Street, Portland, ME 04101
- Type
- Sale
- Status
- Active
- Asking Price
- $1,500,000
- Price/SF
- $411.18/SF
- List Date
- Aug 3, 2026
- Days on Market
- 77
- Financing Available
- No
- Owner Occupied
- No
- Last Verified
- Sep 25, 2026
- Agent Ownership Interest
- No
Prime Downtown Portland Mixed Use commercial opportunity
576 Congress Street presents a rare opportunity to acquire one of downtown Portland’s most recognizable mixed-use investment properties. Positioned along Maine’s premier commercial corridor, the historic three-story asset comprises approximately 3,890± square feet with a diversified tenancy that includes ground-floor retail, office space, and residential apartments. The property’s defining feature is its connection to Otto Pizza. This building served as the original Otto location, where the Portland-born concept first established itself before expanding into one of New England’s most successful regional restaurant brands. Current ownership operates the restaurant and is willing to negotiate a new long-term triple-net lease, creating the opportunity for stable, low-management cash flow backed by an established operator with deep roots in the market.
Space Details
- Floor
- 3
- Available SF
- 3,648 SF
- Type
- Sale
- Status
- Active
- Asking Price
- $1,500,000
- Price/SF
- $411.18/SF
- List Date
- Aug 3, 2026
- Days on Market
- 77
- Financing Available
- No
- Owner Occupied
- No
- Last Verified
- Sep 25, 2026
- Agent Ownership Interest
- No
Prime Downtown Portland Mixed Use commercial opportunity
576 Congress Street presents a rare opportunity to acquire one of downtown Portland’s most recognizable mixed-use investment properties. Positioned along Maine’s premier commercial corridor, the historic three-story asset comprises approximately 3,890± square feet with a diversified tenancy that includes ground-floor retail, office space, and residential apartments. The property’s defining feature is its connection to Otto Pizza. This building served as the original Otto location, where the Portland-born concept first established itself before expanding into one of New England’s most successful regional restaurant brands. Current ownership operates the restaurant and is willing to negotiate a new long-term triple-net lease, creating the opportunity for stable, low-management cash flow backed by an established operator with deep roots in the market.
Space Details
- Floor
- 3
- Available SF
- 3,648 SF