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For Sale

540 Congress Street

540 Congress Street,
Portland, ME 04101

Asset Snapshot

1942
Year Built
2011
Year Renovated
2
Floor Count

Offering Summary

Investment Overview

Art Deco Mixed-Use Building in Downtown Portland


Investment Highlights

  • 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).

How it Works

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Listing Syndicated From

Buildout
For Sale
$2,975,000
Asking Price