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770-772 Congress St
Portland, ME 04102
Office Property For Sale


Investment Highlights
- Prime Congress Street Frontage
- Rooftop Deck
- 12± Space Parking Lot
- Redevelopment Potential
Executive Summary
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.
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.
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Medical
Building Size
2,602 SF
Building Class
B
Year Built
1950
Price
$1,181,729 CAD
Price Per SF
$454.16 CAD
Tenancy
Single
Building Height
1 Story
Typical Floor Size
2,602 SF
Building FAR
0.30
Lot Size
0.20 AC
Zoning
B2b
Parking
10 Spaces (3.84 Spaces per 1,000 SF Leased)
Property Taxes
| Parcel Number | PTLD-000054-000000-F008001 | Improvements Assessment | $374,400 CAD |
| Land Assessment | $459,484 CAD | Total Assessment | $833,884 CAD |
Property Taxes
Parcel Number
PTLD-000054-000000-F008001
Land Assessment
$459,484 CAD
Improvements Assessment
$374,400 CAD
Total Assessment
$833,884 CAD
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