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Mixed-Use Office and Apartment
For Sale
$550,000

854 Broadway, South Portland, ME 04106

COMMERCIAL - South Portland, ME

Property Size4,370 SF
Lot Size0.23 Acres
Price / SF$125.86
Days on Market31

Property Features for 854 Broadway

General Information

Property type Commercial Sale
Property subtype Other
Zoning LB
Rooms Basement
Parking features Off Street
Interior features Storage
Basement Walk-Out Access, Full
Lot features Public Transport Access, Near Turnpike/ Interstate, Near Airport, Downtown, Business District, Bus Line, Near Shopping, Retail Strip
Standard status Active
Size 4,370 SF
Lot size 0.23 Acres

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 7189

Utilities

Sewer type Public Sewer
Heating system Steam, Oil
Water source Public

Building Details

Year built 1912
Flooring type Laminate, Carpet, Wood
Building materials Aluminum Siding
Roof type Shingle
Additional Structures Storage
Listing Agency: Engel & Volkers Casco Bay
Listed By: Dustin Slocum
Added: Jul 13 Changed: Aug 4 Last Checked: Aug 12 at 7:06AM
MLS# 1626908

Copyright © 2026 Maine Listings. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

854 Broadway is a mixed-use property featuring office space on the first and second floors and a one-bedroom apartment on the third floor. The first floor includes a one-room office with a private bath and break room with its own entry, along with a two-room office with French doors and large windows. Both first-floor offices and the entry have hardwood floors. The second floor has four individual offices that share a bathroom with the first-floor two-room office.

The third floor apartment includes two egresses, with a kitchen featuring cherry cabinets and granite counters. A one-car detached garage is leased year-round.

The basement is described as dry and provides ample storage, including a washer and dryer for the apartment. The property is zoned LB.

Key Highlights

  • Mixed‑use building with first‑floor office space plus a 1‑bedroom apartment on the 3rd floor
  • First floor offers two offices with private bath/break room and separate entry, plus a second 2‑room office with French doors
  • 3rd‑floor 1‑bedroom apartment with cherry kitchen cabinets and granite counters

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Dental Office Parking Lot & Garage HVAC Service Storage Facility Carpet & Flooring Store 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.

Lease Details

6
Office units
1
Residential units

Location Intelligence

Trade Area within ½ mile

423
Businesses Nearby

Demographics for 04106, ME

26,641
Population
12,849
Households
2.1
Avg Household Size
41
Median Age
49%
College-Educated
95%
High-School Grad
12.2 sq mi
ZIP Area
2,184
Density / Sq Mi
$83,744
Median Household Income
$47,818
Median Earnings
$1,642
Median Rent
$403,500
Median Home Value

Market

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Multi-tenant office layout plus a one-bedroom apartment, with a detached leased garage and dry basement storage.
Where is this mixed-use property located?
The property is located at 854 Broadway South Portland, ME.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: Mixed‑use building with first‑floor office space plus a 1‑bedroom apartment on the 3rd floor; First floor offers two offices with private bath/break room and separate entry, plus a second 2‑room office with French doors; 3rd‑floor 1‑bedroom apartment with cherry kitchen cabinets and granite counters
More about this property
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