- For Lease $7.50/SF/YR
- Property Type Retail - Street Retail
- Property Size 28,877 SF
- Units 1
- Lot Size 0.58 Acre
- Year Built 1942
- Year Renovated 2011
- Date Updated Apr 23, 2026
Description
A mixed-use building for sale or lease in the heart of downtown Portland.Art Deco Mixed-Use Building in Downtown PortlandArt Deco Mixed-Use Building in Downtown Portland
Highlights
- 1st Floor condominium built out as 25,800± 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.
- Mixed-use building with Art Deco style construction in the heart of downtown Portland.
- Prominent visibility w/ frontage on both Congress Street & Free Street.
- Value-add component through upstairs residential condominiums & new owner’s ability to build more units (see broker).
True
1 Space Available
1
Space Type
Street Retail
Lease Rate
$7.50/SF/YR
Total Space
25,800 SF
Floor
1
Divisible Space
25,800 - 25,800 SF
Available Date
Immediate
Lease Type
NNN
Renewal Option
Yes
Sublease
No
Contacts
Cameron Foster
The Boulos Company
Location
Located at 540 Congress Street, Portland, ME 04101, this property is part of the Downtown Portland neighborhood and Portland ME market.
Contact Listing Broker
Cameron Foster
The Boulos Company
