Office Building with Excess Land for Development

For Sale

509 Ocean Ave, Portland, ME 04101

This Portland property for sale is located at 509 Ocean Ave. The general use of Office Building with Excess Land for Development is office and it incorporates 2,254 square feet of class B office space. The current listed sale price for Office Building with Excess Land for Development is $1,115,000. Office Building with Excess Land for Development is situated on a lot that is 1.53 acre in size.

Contacts

Andrew Sigfridson

The Boulos Company

Property Details

  • Property Type Office - General Office
  • Property Size 2,254 SF
  • Lot Size 1.53 Acre
  • Parking Spaces Avail. 43
  • Property Tenancy Single Tenant
  • Building Class B
  • Year Built 1914
  • Date Updated Jun 8, 2026
Ocean Avenue office property steps from Payson Park with nearby recreational amenities and excess RN-3 zoned land for redevelopment.Free-standing, two-story office building on 1.53± acres on Ocean Avenue
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Highlights

  • Efficient two-floor layout featuring a welcoming reception area, eight private offices, two restrooms, a conference room, and a kitchenette/breakroom
  • Excellent natural light with windows in every office
  • Excess RN-3 zoned land offers potential for future residential expansion or redevelopment, permitting up to four-family dwellings on lots as small as 5,000± SF
  • Ideally located just 450± feet from Payson Park, offering amenities such as a disc golf course, tennis courts, ice skating, walking trails, and a community garden

Attachments

Getting around

  • 57/100

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  • 34/100

    Transit Score ®

  • 57/100

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Location

  • City Portland, ME
  • Neighborhood Back Cove
  • Zip Code 04101
  • Market Portland ME

Points of Interest

  • Portland

    2.40 miles

  • Cumberland Farms

    0.11 miles

  • Sunoco

    1.19 miles

  • Forest Avenue Mobil

    1.30 miles

  • Tesla Supercharger

    1.41 miles

  • Gulf

    1.65 miles

  • Big Apple

    1.71 miles

  • Citgo

    1.90 miles

  • Mobil

    2.18 miles

  • 7-Eleven

    2.21 miles

  • ChargePoint

    8.66 miles

  • Contractor Parking

    0.80 miles

  • Innovation Hall South: Patient Parking Lot

    1.23 miles

  • Oral Health Center:Patient Parking Lot

    1.25 miles

  • Finley Recreation Center Lot

    1.29 miles

  • Baxter Woods Parking

    1.34 miles

  • Ginn & McDougall Halls Lot

    1.35 miles

  • Proctor Hall Lot

    1.37 miles

  • Library Lot

    1.37 miles

  • Presumpscot Park Parking

    1.62 miles

  • USM Surrenden Street Parking Garage

    1.62 miles

  • Black Elephant Hostel

    1.91 miles

  • The Press Hotel

    1.91 miles

  • Residence Inn Portland Downtown/Waterfront

    1.96 miles

  • Hampton Inn Portland Downtown/Waterfront

    1.99 miles

  • AC Hotel by Marriott

    2.02 miles

  • Portland Regency Hotel & Spa

    2.08 miles

  • The Westin Portland Harborview

    2.09 miles

  • Hilton Garden Inn Portland Downtown Waterfront

    2.09 miles

  • Hyatt Place Portland - Old Port

    2.13 miles

  • La Quinta Inn & Suites Portland

    2.13 miles

  • Veranda Asian Market

    1.17 miles

  • Hannaford

    1.46 miles

  • Shaw's

    1.53 miles

  • Whole Foods Market

    1.57 miles

  • Trader Joe's

    1.61 miles

  • Rosemont Market

    1.70 miles

  • Portland Food Co-op

    1.85 miles

  • Congress Plaza Shopping Center

    1.86 miles

  • Reny's

    2.08 miles

  • Paul's Food Center

    2.12 miles

Contact Listing Broker
Andrew Sigfridson

The Boulos Company

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