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496-498 Congress St
Portland, ME 04101
Retail Property For Sale
EXECUTIVE SUMMARY
16,380± SF MIXED-USE BUILDING
•Rare on-penisula historic redevelopment opportunity
•Fully leased first floor retail with national and local tenants
•Office use on upper floors with tenant on third and fourth floor
•High visibility on Congress Street and located in the heart of downtown
•Rare on-penisula historic redevelopment opportunity
•Fully leased first floor retail with national and local tenants
•Office use on upper floors with tenant on third and fourth floor
•High visibility on Congress Street and located in the heart of downtown
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
16,380 SF
Building Class
C
Year Built
1885
Price
$2,995,039 CAD
Price Per SF
$182.85 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
4 Stories
Building FAR
5.01
Lot Size
0.08 AC
Opportunity Zone
Yes
Zoning
B-3
Frontage
58’ on Congress St
PROPERTY TAXES
| Parcel Number | PTLD-000037-000000-I001001 | Improvements Assessment | $1,838,674 CAD |
| Land Assessment | $547,186 CAD | Total Assessment | $2,385,860 CAD |
PROPERTY TAXES
Parcel Number
PTLD-000037-000000-I001001
Land Assessment
$547,186 CAD
Improvements Assessment
$1,838,674 CAD
Total Assessment
$2,385,860 CAD
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