540 Congress Street

RetailMixed use

540 Congress Street, Portland, ME 04101

16 photos
Listings
Suite 1
For Lease · Retail
Active
Available SF
25,800 SF
Asking Rate
$7.50/SF NNN
Lease Type
Triple net
Suite
Suite 1
Floor
1
List Date
Jul 9, 2025
Available
Apr 1, 2026
Days on Market
356

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 spac…

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Sale
For Sale · Retail
Pending
Available SF
28,877 SF
Asking Price
$2,975,000
Price/SF
—
Cap Rate
—
List Date
Jul 9, 2025
Available
Jul 9, 2025
Days on Market
356

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 spac…

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Property Highlights

Location

County
Cumberland
Submarket
Portland-South Portland-Biddeford
Center/Park Name
—

Building Size

Total Building SF
28,877 SF
Rentable SF
—
Land (SF)
25,265 SF
Acreage
0.58 Acres
Number of Buildings
1
Floors
2

Building Details

Type
Retail
Subtype
Mixed use
Building Class
—
Building Status
Existing
Year Built
1942
Year Renovated
2011
Construction
—
Occupancy Type
Multi-tenant
Leased
—
Zoning
B3
Sprinklered
Yes
Parking Ratio
—
Elevators
—
Condominiumized
No
Exterior
—
Clear Height Max
—
Dock High Doors
—
Grade Level Doors
Yes
Rail Service
No

Land & Utilities

Lot Width
—
Lot Depth
—
Electric
Yes
Water
Yes, Mud
Sewer
Yes, Mud
Gas
Yes
Fiber
—
Tax Amount
—
Tax Year
—
Comparables
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