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31804412
31804413

770 Congress St, Portland, ME 04102

SL
ME ME BR 926417
$850,000
45 days on market
Updated 43 days ago

770 Congress Street

Details
Property Type Office, Retail
Sub Type Restaurant, Storefront (+1)
Square Footage 2,602
Tenancy Vacant
Price per SqFt $327
Class B
Year Built 1950
Buildings 1
Acreage 0.198
Zoning B2b
Investment Type Owner/User

Congress Street Office/Retail Building | 2,602 SqFt

Marketing description

We are pleased to offer for sale this well-positioned brick commercial building located at 770 Congress Street in Portland, Maine. Situated on a 0.1983± acre lot in the Community Business Zone (B-2b), this property presents a rare owner/user or investment opportunity on one of Portland’s most prominent commercial corridors.

The building features 2,602± SF of first-floor office/retail space with 12-foot ceiling heights, brick construction, and hot air heating. The lower level offers an additional 1,820 SF of unfinished basement space, currently used for storage, but potential upside in improving this space. The first floor is currently configured as office space with a mix of private offices, a conference room, open workspace, and a kitchenette.

An associated asphalt parking lot accommodates 12± vehicles — a valuable asset in this walkable urban location. The property also features a rooftop deck area amenity at the rear. The building is served by public water, public sewer, and natural gas, and is heated and cooled via a rooftop natural gas HVAC unit.

With its Congress Street visibility, flexible B-2b zoning, on-site parking, and proximity to Maine Medical Center, the property is ideal for a wide range of owner/users or investors. Prior redevelopment plans for up to 9 residential units plus ground-floor retail are also available for review.

Investment highlights

  • Prime Congress Street Frontage
  • 12± Space Parking Lot
  • Rooftop Deck
  • Redevelopment Potential

Listing Contacts

SL
ME ME BR 926417

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Additional Information

Name
Sam LeGeyt
License
ME BR 926417
Brokerage
The Dunham Group
Brokerage Phone
2077737100
Title
Sam LeGeyt
Brokerage Address
2 Monument Square
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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