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    650 Congress St Portland, ME 04101

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    For Lease
    $2,175 /Mo ($30 SF/Yr)

    870± SF retail space in Portland's Arts District.

    Property size:
    870 SF
    Lot size:
    1.29 Acres

    Property Features for 650 Congress St

    General Information

    Size
    870 SF
    Lot size
    1.29 Acres

    Source: Porta & Company Agent Emmett L. Peoples

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

    Overview

    Retail Space in Arts District

    This property offers 870± square feet of retail space with high visibility in Portland's Arts District. Large windows provide excellent exposure and natural light. Parking is available for lease in a landlord-owned lot. The lease rate is $2,175 per month on a modified gross basis.
    Location Intelligence

    Current Use by Public Records

    ME Sew Crafty Art Center Blue Portland Maine Live Music Venue Abraxas Record Store Bad and Boujee Wig Shop Endless summer antique ... Vintage Clothing Store

    Suggested Use

    Restaurant Realty agency Dental Office Spa & Massage Hair Salon Nail Salon Law Firm Clothing Store Food Market Grocery Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Portland
    County
    Cumberland
    State
    Maine
    Longitude
    -70.2654769
    Latitude
    43.6531847

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    FAQs

    What type of property is this?
    Retail space - 870± SF retail space in Portland's Arts District.
    Where is this retail space located?
    The property is located at 650 Congress St Portland, ME.
    What is the lease rate?
    The lease rate is $30 SF/Yr.
    What are key features of this property?
    This property features: - High visibility retail space in Portland's Arts District.; - Large windows providing excellent exposure and natural light.; - 870± SF of retail space.
    (207) 400-4939
    Request Owner's contact information
    650 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
    650 Congress St Portland, ME 04101
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