Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    649 Congress St Portland, ME 04101

    • Retail properties
    • 3,000 SF
    For Lease
    View listing
    $22 SF/Yr
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Rebel Munchies and Libations / Bar

    Property Details for 649 Congress St

    Year built
    1963
    Property size
    3,000 SF
    Property type
    Retail properties
    Property subtype
    Restaurants

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Portland
    County
    Cumberland
    State
    Maine
    Longitude
    -70.2656
    Latitude
    43.6534

    Comparable in this City

    • Value Estimation by Request
      4,321 SF

      115 Cumberland Ave

      Restaurants • 4,321 SF
      115 Cumberland Ave, Portland, ME 04101
      View Details
    • Value Estimation by Request
      6,981 SF

      327 Commercial St

      Restaurants • 6,981 SF
      327 Commercial St, Portland, ME 04101
      View Details
    • Value Estimation by Request
      80,189 SF

      431 Forest

      Restaurants • 80,189 SF
      431 Forest, Portland, ME 04101
      View Details
    • Value Estimation by Request
      125,790 SF

      554 Congress St

      Restaurants • 125,790 SF
      554 Congress St, Portland, ME 04101
      View Details
    • Value Estimation by Request
      1,350 SF

      Canal Plz

      Restaurants • 1,350 SF
      0 Canal Plz, Portland, ME 04101
      View Details
    • Value Estimation by Request
      7,620 SF

      186 Washington Ave

      Restaurants • 7,620 SF
      186 Washington Ave, Portland, ME 04101
      View Details

    Similar Nearby for Sale

    • $795,000
      0.19 Acres

      Portland Mixed-Use Development Site

      Prime East Bayside location, 1,635 sq ft, site plan approved.
      189 Anderson St, Portland, ME 04101
      View Details
    • $357,900
      1,193 SF

      Prime Old Port Retail Space

      Portland Waterfront Storefront - $357,900
      383 Commercial St, Portland, ME 04101
      View Details
    • $1,395,000
      4,830 SF

      Prime Portland Storefront Investment

      Historic building, net-leased, high-growth area.
      85 India St, Portland, ME 04101
      View Details
    • $576,600
      1,922 SF

      Prime Old Port Retail Space

      1,922 SF Storefront, $576,600
      383 Commercial St, Portland, ME 04101
      View Details
    • $2,165,000
      16,380 SF

      Mixed-Use Building in Downtown Portland

      16,380± SF mixed-use building in the heart of downtown.
      496 Congress St, Portland, ME 04101
      View Details
    • $200,000

      Prime Portland Restaurant Space

      Restaurant space in high-traffic Portland location with solid lease.
      13-15 Exchange St, Portland, ME 04101
      View Details

    Similar Nearby for Lease

    • $29 SF/Yr
      195,000 SF

      Downtown Portland Cafe Space

      Prime Portland location, 350 sq ft cafe
      100 Middle St, Portland, ME 04101
      View Details
    • $21 SF/Yr
      43,120 SF

      Downtown Portland Office Space

      Versatile Office & Retail Suites Available
      144 Forest, Portland, ME 04101
      View Details
    • $17 SF/Yr
      125,790 SF

      Portland Retail Gem: Congress Street

      Historic Portland retail space, multiple tenants.
      554 Congress St, Portland, ME 04101
      View Details
    • $22 SF/Yr
      3,000 SF

      649 Congress Street

      Restaurants • 3,000 SF
      649 Congress St, Portland, ME 04101
      View Details
    • $20 SF/Yr
      98,309 SF

      Portland Creative Office Suite

      Historic West End, 2,477 SF Available
      144 State St, Portland, ME 04101
      View Details
    • $70 SF/Yr
      1,548 SF

      Retail Space in Old Port

      Ground-level retail space with restaurant infrastructure in Old Port.
      425 Forest, Portland, ME 04101
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    649 Congress St
    Portland, ME 04101
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    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
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.