Art Deco Mixed-Use
For Lease
$7.50 SF/Yr
540 Congress Street, Portland, ME 04101
Climate-controlled retail space is complemented by warehouse, office, and leased residential condominium components.
Space Size25,800 SF
Property Size28,877 SF
Days on Market39
Property Features for 540 Congress Street
General Information
Standard status
Active
Size
25,800 SF
Property subtype
Retail - Street Retail
Warehouse & Industrial
Warehouse Space
1,800 SF
Office Build-Out
1,200 SF
Additional Details
Road Access
Yes
Building Details
Building Size
28,877 SF
Year Built
1942
Year Renovated
2011
Units
1
Construction
Art Deco
Spaces For Lease
at 540 Congress Street Contact us- Floor
- 1
- Size
- 25,800 SF
- Type
- Street Retail
- Lease Type
- NNN
- Availability
- Immediate
- Sublease
- No
- Renewal Option
- Yes
1 $7.50/SF/Yr
Listing Agency:
The Boulos Company
(207) 553-1734
Listed By:
Cameron Foster · License ##SA926420
Source:
Commercialcafe
Added: Jul 24
Changed: Aug 30
Last Checked: Aug 15 at 1:01PM
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
Investment Insights
Based on property information with market context.
This Art Deco mixed-use property combines a substantial ground-floor commercial footprint with upper-level residential components. The first-floor condominium contains 25,800± square feet of climate-controlled retail space, along with approximately 1,800± square feet of warehouse area and approximately 1,200± square feet of office space.
The second floor includes four leased residential condominiums, with access provided by a stairwell from Congress Street. The building presents frontage on both Congress Street and Free Street within downtown Portland. Additional residential development is identified as a potential component, subject to further review with the broker.
The second floor includes four leased residential condominiums, with access provided by a stairwell from Congress Street. The building presents frontage on both Congress Street and Free Street within downtown Portland. Additional residential development is identified as a potential component, subject to further review with the broker.
Key Highlights
- 25,800± SF of climate‑controlled retail space on the 1st floor
- Approximately 1,800± SF of warehouse space
- Approximately 1,200± SF of office space
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Paved road access
NNN (Triple Net)
Lease Type
$1.13 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
6,135
Businesses Nearby
140k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 49%
Shops & Services 28%
Dining 9%
Apparel 7%
Trader Joe's
Groceries
68,293 visits/mo
0.5 miles
Circle K
Shops & Services
12,170 visits/mo
0.4 miles
Chipotle Mexican Grill
Dining
11,557 visits/mo
0.5 miles
Reny's
Apparel
10,314 visits/mo
0.1 miles
7-Eleven
Shops & Services
10,061 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
Vacancy Rate% for Retail in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Climate-controlled retail space is complemented by warehouse, office, and leased residential condominium components.
Where is this mixed-use property located?
The property is located at 540 Congress Street Portland, ME.
What is the lease rate?
The lease rate is $7.50 SF/Yr.
What are key features of this property?
This property features: 25,800± SF of climate‑controlled retail space on the 1st floor; Approximately 1,800± SF of warehouse space; Approximately 1,200± SF of office space
