Search
Restaurant Condo with Commercial Kitchen

2-88 Congress St, Portland, ME 04101

For Sale
$530,000

A dedicated entrance, bar, and included furnishings and equipment support restaurant operations.

Property Size877 SF
Price / SF$604.33
Days on Market13

Property Features for 2-88 Congress St

General Information

Standard status Active
Size 877 SF

Additional Details

Furnished Yes
Equipment Included Yes

Taxes and HOA fees

Annual Taxes $5,403
Listing Agency: The Boulos Company
Listed By: Brice O'Connor · License ME BR926097
Source: Exprealty
Added: Nov 2 Changed: Nov 12 Last Checked: Nov 12 at 2:17PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of The Boulos Company

Rey
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This restaurant condominium measures 877 SF and has a private entrance. Its interior includes a commercial kitchen and bar, with furniture, fixtures, equipment, and business essentials included in the sale.

The property is at 2-88 Congress St in Portland, ME, within the Munjoy Hill area.

Key Highlights

  • 877 SF restaurant condominium
  • Dedicated entrance for the unit
  • Built‑out commercial kitchen and bar

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Locksmith (Bike/Boat/Book/etc) Store Daycare Center Plumbing Service Tanning Salon Catering Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,084
Businesses Nearby
11k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 100%
7-Eleven Shops & Services
10,539 visits/mo 0.4 miles

Demographics for 04101, ME

18,109
Population
11,510
Households
1.6
Avg Household Size
36
Median Age
57%
College-Educated
93%
High-School Grad
2.0 sq mi
ZIP Area
9,055
Density / Sq Mi
$60,726
Median Household Income
$45,009
Median Earnings
$1,457
Median Rent
$600,600
Median Home Value

Market

Average Price Trend$/SF for Conventional restaurants in Cumberland County, ME

$206 Jul
$194 Aug
$194 Sep
$233 Oct

Properties on Market for Conventional restaurants in Cumberland County

Jul
Aug
Sep
Oct

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025

Frequently Asked Questions

What type of property is this?
Conventional restaurant - A dedicated entrance, bar, and included furnishings and equipment support restaurant operations.
Where is this conventional restaurant located?
The property is located at 2-88 Congress St Portland, ME.
What is the asking price?
The asking price for this property is $530,000.
What are key features of this property?
This property features: 877 SF restaurant condominium; Dedicated entrance for the unit; Built‑out commercial kitchen and bar
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

Ask Rey → ChatGPT Grok Claude
Preferred Make Realmo a preferred source.

Our comps and market reports get this label in your Google results.

Add as a preferred source on Google One click on Google
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message
Why this one?
Why hide this one?