540 Congress Street Portland, ME
$4,295,000
Square Footage 30,877
Acres 0.58
Description
Mixed-use building with Art Deco style construction in the heart of downtown Portland.
Prominent visibility w/ frontage on both Congress Street & Free Street.
1st Floor condominium built out as 25,800± SF of climate-controlled retail space, supported by approximately 1,800± SF of warehouse space, & approximately 1,200± SF of office space.
2nd Floor space built out with four (4) leased residential condominiums, accessible via stairwell on Congress Street.
Value-add component through upstairs residential condominiums & new owner's ability to build more units (see broker).
Listed by The Boulos Company, Cameron Foster & Reese McFarlane 207-772-1333
Details
MLS 1629898
Status Active
Price $4,295,000
DOM 216 days
Type Commercial
Square Feet 30,877 sqft
Lot Size 0.58 acres
Year Built 1942
Taxes Paid $64,077
Lot & Building Features
Tax Year 2024
Taxes Paid $64,077
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Financing
$
6.75%
$
$
$
per month
Principal & Interest
Monthly Taxes
Monthly HOA
Monthly Home Ins.
Monthly PMI
Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This calculator only provides an estimate.