594 Congress St Portland, ME 04101-3352
Property profile & analytics
594 Congress St Portland, ME 04101-3352
- Retail space
- 9,468 SF
- 0.06 lot acres
Property ID
US42-0241942
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- VetEnvoy / Veterinary Clinic
- Listing Tunnel, LLC - Matterport 3D Home Tours / Film Production / Television Studio
- Locations Real Estate Group | Fitzgibbons and Latham / Real Estate Agency
- Gallery at the Hay / Art Gallery
- Ross Nickerson / (Bike/Boat/Book/etc) Store
Property Details for 594 Congress St
- Year built
- 1900
- Lot size
- 0.06 lot acres
- Property size
- 9,468 SF
- Property type
- Retail space
- APN
- PTLD M:037 B:G001001
- APU
- PTLDM037BG001001
Description
This exceptional retail property, located at 594 Congress Street in Portland, Maine, presents a unique investment opportunity. The building, constructed in 1900, boasts a total of 9,468 square feet spread across three stories. Its prime downtown location offers unparalleled visibility and accessibility for businesses seeking a thriving commercial environment. The property is zoned DEOZ, allowing for a variety of retail uses. The single building is situated on a lot identified as Map 37, Block G, Lot 1 in Cumberland County. With its multiple tenancy potential, this property is ideal for a variety of retail concepts, offering flexibility for both established businesses and new ventures. The building's historic character adds to its charm and appeal, providing a unique setting for businesses seeking a distinctive presence in the heart of Portland. The property's size and layout offer ample space for diverse retail operations, potentially accommodating multiple tenants or a single large-scale retailer. Its central location within Portland's vibrant downtown core ensures high foot traffic and excellent exposure to a large customer base. This is a rare opportunity to acquire a significant retail space in a highly desirable location. The property's age and character offer a unique opportunity to create a memorable and successful business environment. Serious inquiries are encouraged.
Value Estimations
based on Realmo’s proprietary methodology
-
CAP approach
- CAP Return
- Estimation
- 6%
- $1,650,000
- 6.5%
- $1,525,000
- 7%
- $1,415,000
-
Alternative Use
- Use
- Estimation
- RETAIL STORES
- $1,920,000 Current use
- OFFICE BUILDING
- $1,735,000 Change: -10% Conversion: Easy
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Portland
- County
- Cumberland
- State
- Maine
- Longitude
- -70.2626
- Latitude
- 43.6543
- CBSA code
- 38860
- CBSA name
- PORTLAND-SOUTH PORTLAND-BIDDEFORD, ME METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$18,641
$359,300
$934,300
$1,293,600
-
$0.00
$0.00
$0.00
