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    867 Congress St Portland, ME 04102

    For Sale
    $549,000

    LAND - Portland, ME

    Lot size:
    0.05 Acres
    Days on Market:
    24
    Last Refresh:
    Dec 6 at 8:06 am

    Property Features for 867 Congress St

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    ROS/B2B
    Parking features
    On Street, Driveway
    Lot size
    0.05 Acres

    Utilities

    Sewer type
    Public Sewer
    Water source
    Public

    RE/MAX By The Bay (207) 773-2345 [email protected]

    Listing agent David Banks (207) 773-2345

    Listing date Nov 13, 2025

    MLS# 1642301 Listing URL

    Copyright © 2025 Maine Real Estate Information System, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Commercial Land in High-Traffic Area

    This commercial land is located on Congress Street in Portland, Maine. The property is situated in a vibrant, high-traffic area and is suitable for a wide range of business ventures. The property is surrounded by shops, restaurants, and constant foot traffic. It is zoned ROS/B2B and is being sold as is, ready for renovation or redevelopment. Potential uses include modern condos or rentals for medical professionals, a restaurant, or retail space. The lot size is 0.05 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Maine surgical partners ... Medical Center Vena's Fizz House ... Bar

    Suggested Use

    Realty agency Restaurant Dental Office Law Firm Spa & Massage Hair Salon Nail Salon Clothing Store Building Supply Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Portland
    County
    Cumberland
    State
    Maine
    Longitude
    -70.275841
    Latitude
    43.654881

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    FAQs

    What type of property is this?
    Commercial land - Commercial property with endless potential in a vibrant, high-traffic location.
    Where is this commercial land located?
    The property is located at 867 Congress St Portland, ME.
    What is the asking price?
    The asking price for this property is $549,000.
    What are key features of this property?
    This property features: - High-traffic location on Congress Street.; - Endless potential for development (condos, rentals, retail, restaurant).; - Surrounded by popular shops and restaurants.
    (207) 773-2345
    Request Owner's contact information
    867 Congress St Portland, ME 04102
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    Portland, ME 04102
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    867 Congress St Portland, ME 04102
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