Map of Property

540 Congress Street

540 Congress Street, Portland, ME 04101

  • For Lease $9.50/SF/YR
  • Property Type Retail - Street Retail
  • Property Size 30,877 SF
  • Units 1
  • Lot Size 0.58 Acre
  • Year Built 1942
  • Year Renovated 2011
  • Date Updated Jul 9, 2025
A mixed-use building for sale or lease in the heart of 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 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).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).
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Reach out to the broker for more info on lease terms and amenities

Spaces Available

Contacts

broker
Cameron Foster

The Boulos Company

Location

Getting Around

  • Walk Score ®

    99/100 Walker's Paradise

  • Transit Score ®

    53/100 Good Transit

  • Bike Score ®

    84/100 Very Bikeable
Powered by Walk Score ®
  • City Portland, ME
  • Neighborhood Downtown Portland
  • Zip Code 04101
  • Market Portland ME

Points of Interest

  • Portland

    1.52 miles

  • Citgo

    0.30 miles

  • Irving

    0.37 miles

  • 7-Eleven

    0.40 miles

  • Cumberland Farms

    0.46 miles

  • Big Apple

    0.75 miles

  • Tesla Supercharger

    0.76 miles

  • Forest Avenue Mobil

    1.25 miles

  • Gulf

    1.37 miles

  • Fabian

    1.38 miles

  • Mobil

    1.44 miles

  • Spring Street Parking Garage

    0.05 miles

  • Monument Square Parking Garage

    0.15 miles

  • Elm Street Parking Facility

    0.24 miles

  • Angelo's Acre

    0.42 miles

  • Top of the Old Port Parking Lot

    0.44 miles

  • Middle & Pearl Parking

    0.48 miles

  • Cumberland County Parking Garage

    0.49 miles

  • Pearl Street Parking Garage

    0.50 miles

  • Casco Bay Ferry Terminal Garage

    0.61 miles

  • Ocean Gateway Lot

    0.68 miles

  • Marcy's Diner

    0.02 miles

  • Asmara

    0.02 miles

  • Taco Escobarr

    0.03 miles

  • Dunkin'

    0.04 miles

  • Broken Arrow

    0.04 miles

  • Mister Bagel

    0.04 miles

  • Nosh Kitchen Bar

    0.05 miles

  • Leeward

    0.05 miles

  • India Palace Maine

    0.06 miles

  • the Dogfish Bar And Grille

    0.07 miles

  • Reny's

    0.01 miles

  • Paul's Food Center

    0.10 miles

  • Trader Joe's

    0.48 miles

  • Portland Food Co-op

    0.57 miles

  • Whole Foods Market

    0.58 miles

  • Congress Plaza Shopping Center

    0.59 miles

  • Hannaford

    0.69 miles

  • Hong Kong Market

    0.92 miles

  • Save-A-Lot

    0.99 miles

  • Union Station Plaza Shopping Center

    0.99 miles

Frequently Asked Questions

How much does retail space at 540 Congress Street cost?

The asking price for retail space at 540 Congress Street is $9.50/SF/YR. Pricing of commercial spaces is largely dependent on things like location — especially proximity to areas that can be easily reached by car or public transit or enjoy high foot traffic — the overall size, features and condition of the space, and the lease structure. Safety and security in the area can also play an important role in choosing the most suitable retail space for a business.

What kind of retail space can I rent at 540 Congress Street?

The property has 27,800 square feet of rentable Street Retail space. Rental opportunities here are available under NNN lease terms.

Use the contact form at the top of this page to schedule a tour of the property with a broker and get further details on this listing.

How many parking spots are available at 540 Congress Street?

Reach out to the listing broker for more information on vehicle access and parking options at or near this property, as well as additional amenities that complement the retail experience at 540 Congress Street. You can find 8 parking option(s) and 4 fuel station(s) within a 0.5-mile radius.

Are there any potentially competing retail businesses in the area?

Yes, there are 5 spaces zoned for retail use within a 0.5-mile radius of 540 Congress Street.

Is 540 Congress Street located in a popular area for retail businesses?

The property is part of Downtown Portland, which is home to 23 other retail listings.

Other popular areas for retail businesses in Portland ME include Downtown Portland, West Bayside, Nasons Corner.

Looking for more in-depth information on this property?

Looking for more in-depth information on this property? Find property characteristics, ownership, tenant details, local market insights and more. Unlock data on CommercialEdge.

Contact Listing Broker
broker
Cameron Foster

The Boulos Company

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