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Mixed-Use Property with Offices
For Sale
$550,000

854 Broadway, South Portland, ME 04106

South Portland, ME

Property SizeContact for details
Days on Market48

Property Features for 854 Broadway

General Information

Property type Commercial Sale
Property subtype Other
Standard status Active

Amenities

washer/dryer
storage

Building Details

Year built 1912
Listing Agency: Engel & Volkers Brunswick · Engel & Völkers
Listed By: Dustin Slocum
Added: Jul 15 Changed: Aug 20 Last Checked: Aug 31 at 3:06PM
MLS# 1626908

Copyright © 2026 Engel & Völkers. 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.

Built in 1912, this mixed-use property at 854 Broadway includes multiple office configurations, an upper-level apartment, basement storage, and a detached garage. The first floor offers a private-entry one-room office with its own bathroom and break room, along with a separate two-room office featuring French doors, large windows, and hardwood flooring. Four additional individual offices occupy the second floor and share a bathroom with the first-floor two-room suite.

The third floor contains a one-bedroom apartment with two egresses, cherry cabinetry, and granite kitchen countertops. A dry basement provides storage and includes a washer and dryer serving the apartment. The detached one-car garage is leased year-round, adding a separate component to the property’s configuration.

Key Highlights

  • First floor includes a private‑entry one‑room office with bathroom and break room
  • Separate two‑room office features French doors, large windows, and hardwood floors
  • Second floor contains 4 individual offices sharing a bathroom

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

1
Residential units
Yes
Paved road access

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 - The building combines office suites, an apartment, storage, and a detached garage.
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: First floor includes a private‑entry one‑room office with bathroom and break room; Separate two‑room office features French doors, large windows, and hardwood floors; Second floor contains 4 individual offices sharing a bathroom
More about this property
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