For Lease
$17.04/SF/YR

554 Congress StPortland, ME 04101

Historic Portland retail space, multiple tenants.

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional 125,790 square foot retail property, located at 554 Congress Street in Portland, Maine, presents a unique investment opportunity. The building, constructed in 1900, boasts a prominent location and is classified as a Class B property. The five-story structure sits on a single lot (Map 37, Block G, Lot 14, APN) and is zoned B3, allowing for a variety of commercial uses. Currently configured for multiple tenants, the space is ideal for a diverse range of businesses, including restaurants and offices, reflecting its versatile subtype. The building's substantial size offers significant potential for expansion or redevelopment, catering to the needs of a growing business or a portfolio of tenants. Its prime location in Portland, ME (zip code 04101) ensures high visibility and accessibility, making it an attractive proposition for businesses seeking a strong foothold in a thriving urban market. The property's rich history and substantial square footage combine to create a compelling investment opportunity in a desirable location. Serious inquiries are encouraged to explore the full potential of this remarkable property.

Highlights

  • 1,621± SF of retail space available.
  • High-visibility Congress Street location with strong foot traffic.
  • Suitable for restaurant or food service use.
  • Ample nearby parking options.

Property Details for 554 Congress St

Property type
Retail properties, Restaurants
RSF (Rentable sq. ft)
125,790 SF
Class
B
Year Built
1900
Buildings
1
Stories
5

Unit(s) available at that property

Space
Corner Space
Size
1,621 SF
Rate per SF
$17.04

Location Insight

City
Portland
County
Cumberland
State
Maine
Latitude
43.655315459797
Longitude
-70.261872052777
554 Congress St, Portland, Maine

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554 Congress St
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