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    584 Congress St Portland, ME 04101

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    For Lease
    $2,500 /Mo ($19 SF/Yr)

    Retail space for lease in a high-visibility location.

    Property size:
    1,555 SF
    Lot size:
    0.04 Acres

    Property Features for 584 Congress St

    General Information

    Size
    1,555 SF
    Lot size
    0.04 Acres

    Source: Porta & Company Agent Mackenzie Simpson

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Retail Space on Congress Street

    This property offers between 680 and 1,555 square feet of retail space on Congress Street, providing prime visibility. The space can be subdivided into two separate units. Basement storage and an office are included. The property is located in the immediate vicinity of the Portland Museum of Art, State Theatre, Eastland Hotel, and Starbucks.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Ecru Invitations Invitation Printing Service Harmon's Floral Company Florist

    Suggested Use

    Realty agency Restaurant Dental Office Spa & Massage Hair Salon Law Firm Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Portland
    County
    Cumberland
    State
    Maine
    Longitude
    -70.262507
    Latitude
    43.65437

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    FAQs

    What type of property is this?
    Retail space - Retail space for lease in a high-visibility location.
    Where is this retail space located?
    The property is located at 584 Congress St Portland, ME.
    What is the lease rate?
    The lease rate is $19 SF/Yr.
    What are key features of this property?
    This property features: - Prime visibility retail space on Congress Street.; - Located in immediate area of Portland Museum of Art, State Theatre, Eastland Hotel, and Starbucks.; - Space can be subdivided into two units.
    (207) 310-0221
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    584 Congress St Portland, ME 04101
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    Portland, ME 04101
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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
    584 Congress St Portland, ME 04101
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