Map of Property

540 Congress Street

For Lease

540 Congress Street, Portland, ME 04101

You can currently find 1 retail space(s) available for lease at 540 Congress Street. Designated use type for space listed here includes street retail. Current retail listings at this property total 27,800 square feet. Lease type options include NNN. Expand the listing and property details below for additional information on leasing opportunities at 540 Congress Street.

Space Available For Lease 1

Contacts

broker
Cameron Foster

The Boulos Company

Property Details

  • Property Type Retail - Street Retail
  • Property Size 30,877 SF
  • Units 1
  • Lot Size 0.58 Acre
  • Year Built 1942
  • Year Renovated 2011
  • Date Updated Jul 9, 2025
A mixed-use building for sale or lease in the heart of downtown Portland.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 24,800± SF of climate-controlled retail space, supported by 1,800± SF of warehouse space, & 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).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 24,800± SF of climate-controlled retail space, supported by 1,800± SF of warehouse space, & 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).
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Getting around

  • 99/100

    Walk Score ®

  • 53/100

    Transit Score ®

  • 84/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Portland, ME
  • Neighborhood Downtown Portland
  • Zip Code 04101
  • Market Portland ME

Points of Interest

  • Portland

    1.52 miles

  • Citgo

    0.30 miles

  • Irving

    0.37 miles

  • 7-Eleven

    0.40 miles

  • Cumberland Farms

    0.46 miles

  • Big Apple

    0.75 miles

  • Tesla Supercharger

    0.76 miles

  • Forest Avenue Mobil

    1.25 miles

  • Gulf

    1.37 miles

  • Fabian

    1.38 miles

  • Mobil

    1.44 miles

  • Spring Street Parking Garage

    0.05 miles

  • Monument Square Parking Garage

    0.15 miles

  • Elm Street Parking Facility

    0.24 miles

  • Angelo's Acre

    0.42 miles

  • Top of the Old Port Parking Lot

    0.44 miles

  • Middle & Pearl Parking

    0.48 miles

  • Cumberland County Parking Garage

    0.49 miles

  • Pearl Street Parking Garage

    0.50 miles

  • Casco Bay Ferry Terminal Garage

    0.61 miles

  • Ocean Gateway Lot

    0.68 miles

  • Marcy's Diner

    0.02 miles

  • Asmara

    0.02 miles

  • Taco Escobarr

    0.03 miles

  • Dunkin'

    0.04 miles

  • Broken Arrow

    0.04 miles

  • Mister Bagel

    0.04 miles

  • Nosh Kitchen Bar

    0.05 miles

  • Leeward

    0.05 miles

  • India Palace Maine

    0.06 miles

  • the Dogfish Bar And Grille

    0.07 miles

  • Reny's

    0.01 miles

  • Paul's Food Center

    0.10 miles

  • Trader Joe's

    0.48 miles

  • Portland Food Co-op

    0.57 miles

  • Whole Foods Market

    0.58 miles

  • Congress Plaza Shopping Center

    0.59 miles

  • Hannaford

    0.69 miles

  • Hong Kong Market

    0.92 miles

  • Save-A-Lot

    0.99 miles

  • Union Station Plaza Shopping Center

    0.99 miles

540 Congress Street Listing Brief

  • A property’s location contributes to the asking rent almost as much as its characteristics do. For instance, central urban locations with high walkability or suburban locations with ample parking and easy access by car will claim higher rents but offer superior access to your customer base. Likewise, the quality of the building systems and property finishes have a significant impact on how businesses can conduct their activity there, as well as on the experience of their customers.

    540 Congress Street is located in Downtown Portland, which is home to a total of 21 listing(s). Retail space at 540 Congress Street asks $9.50/SF/YR per square foot.

  • The property includes 27,800 square feet of retail space for lease. Of this total, 27,800 square feet are Street Retail.

    Lease agreement conditions for the availability at this property include NNN.

    For more information or to schedule a tour of the property, use the convenient contact form on this page to get in touch with a representative.

  • You should keep in mind that different areas gradually build a reputation as hotspots or desirable corridors for shopping, eating, or other entertainment and consumer activities. So, while renting retail space in an area with a well-established high-end reputation might mean more customers that are more willing to spend, it will also place you in a more competitive environment.

    540 Congress Street was last renovated in 2011.

    Knowing your ideal customer is essential. For your consideration, the average age of residents in Downtown Portland is 36. The average household income here is $70,178 per year.

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker
broker
Cameron Foster

The Boulos Company

  1. 1Main information
  2. 2Extra information
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