Listed by The Boulos Company Portland
Unpriced
540 Congress Street
Details
Property Type Mixed Use
Sub Type Multifamily, Retail
Square Footage 28,877
Lease Type NNN
Year Built 1942
Year Renovated 2011
Buildings 1
Stories 2
Acreage 0.580
Zoning B-3 - Downtown Business
Investment Type Value Add
Ownership 540 Congress Street LLC
3,077± SF 2nd Floor Leased Residential Condos
Marketing description
For Lease
Investment highlights
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).
Listing Contacts
Listed by The Boulos Company Portland
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