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11 Brown St - Commercial Opportunity in Portland's Core 5,352 SF Retail Condo Unit in Portland, ME 04101
INVESTMENT HIGHLIGHTS
- Rare opportunity to acquire a 5,352+/- sq. ft. commercial condominium
- The lower level includes 2,264+/- sq. ft. of storage, office, and support space
- The 3,088+/- sq. ft. street-level space features tall ceilings, large arched windows, and an adaptable open layout
EXECUTIVE SUMMARY
Tranzon Auction Properties presents a rare opportunity to acquire a 5,352+/- sq. ft. commercial condominium in the center of Portland's most dynamic district. Positioned between Congress Street's arts, retail, and business corridor and the Old Port's waterfront energy, this property sits in one of the city's highest-traffic, highest-visibility locations - steps from Cross Insurance Arena, Monument Square, and numerous shops, offices, and cultural venues. Built in 1875, the building reflects Portland's historic brick-and-granite architectural character while offering modern commercial functionality. The 3,088+/- sq. ft. street-level space features tall ceilings, large arched windows, and an adaptable open layout well-suited for retail, showroom, creative studio, hospitality, or continued food service use. The lower level includes 2,264+/- sq. ft. of storage, office, and support space with fire-safety systems, mechanicals, and flexible utility infrastructure. The property's existing commercial kitchen and walk-ins provide optional value for those who wish to operate a cafe, tasting room, or restaurant, but the space is equally positioned for non-food commercial use. B-3 Downtown Business zoning allows a wide range of uses, making this an appealing opportunity for owners and investors seeking a strategically located downtown foothold. The immediate area benefits from consistent foot traffic, proximity to major employers, year-round tourism, and strong residential density - all contributing to Portland's reputation as one of New England's most vibrant small cities. Michael B. Carey | ME AUC Lic. 1466 | ME RE Lic. #DB919594 Proudly Sold in Conjunction with Malone Commercial Brokers PREVIEWS: Please call to schedule an appointment. TERMS: Deposit: Ten percent (10%) of purchase price (high bid + buyer's premium) due within twenty-four (24) hours of auction end. Buyer's Premium: 10%. Closing: Within 45 days. Sold in As-Is condition, no contingencies. Sale subject to Terms and Conditions - see Property Information Package. Broker participation welcome - please call for details. BUYER’S PREMIUM: Ten Percent (10%) BROKERS: Two Percent (2%) Online Bidding Opens: January 14 | 2pm Online Bidding Closes: January 21 | 2pm
PROPERTY FACTS
| Total Building Size | 5,352 SF | Year Built | 1900 |
| Property Type | Retail (Condo) | Tenancy | Single |
| Property Subtype | Restaurant | Lot Size | 0.18 AC |
| Building Class | C | Parking Ratio | 0.37/1,000 SF |
| Floors | 3 | Opportunity Zone |
Yes
|
| Typical Floor Size | 1,784 SF | ||
| Zoning | B3 - Downtown Business | ||
| Total Building Size | 5,352 SF |
| Property Type | Retail (Condo) |
| Property Subtype | Restaurant |
| Building Class | C |
| Floors | 3 |
| Typical Floor Size | 1,784 SF |
| Year Built | 1900 |
| Tenancy | Single |
| Lot Size | 0.18 AC |
| Parking Ratio | 0.37/1,000 SF |
| Opportunity Zone |
Yes |
| Zoning | B3 - Downtown Business |
1 UNIT AVAILABLE
Unit 1A
| Unit Size | 5,352 SF | Sale Type | Investment or Owner User |
| Condo Use | Retail |
| Unit Size | 5,352 SF |
| Condo Use | Retail |
| Sale Type | Investment or Owner User |
DESCRIPTION
Built in 1875, the building reflects Portland's historic brick-and-granite architectural character while offering modern commercial functionality.
SALE NOTES
B-3 Downtown Business zoning allows a wide range of uses, making this an appealing opportunity for owners and investors seeking a strategically located downtown foothold.
NEARBY MAJOR RETAILERS
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11 Brown St - Commercial Opportunity in Portland's Core
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