For Sale Commercial MLS# 1681505

186 Washington Avenue

Portland, ME 04101

$990,000

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Listing Office

Officemaine_real_estate_information_system_inc_statewide_mls logoStartPoint Realty

About 186 Washington Avenue

Fantastic investment opportunity! Get in on the Washington Street revitalization that has already started and likely to make the adjacent properties which surround "Tavata" SOAR in value! Tavata a new 7 story, 325+ housing unit complex with street level commercial space is currently being built directly across the street. Also worth noting, is an approved 7 story building containing 87 micro-apartments on the corners of Washington and Congress, just a couple blocks away. The re-zoning of this section of Washington Ave in the last couple years from B-1 to B-2B greatly expands the vertical limits of new or existing development. You're essentially investing in the building itself and the air-rights overhead! This legendary building has been home to District 1, Post 25 AMVETS since 1953 (73 years). This 7600+sq' building has a cozy vibe with picture windows offering a Peek-a-boo view of Back Bay and the Portland city skyline facing West with incredible sunsets. All offers should be in by Monday, October 26th and will be reviewed and considered.

Property details

Property

Type
commercial
Living area
7,620 sqft
Price / sqft
$130
Lot
0.09 ac
List date
Sep 21, 2026

Schools

District
Portland

Location

Subdivision
East Bayside
Neighborhood
East Bayside

Location

Neighborhood
East Bayside
School district
Portland

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Listing information is provided by the participating MLS / IDX program and is deemed reliable but not guaranteed. All information should be independently verified. Equal Housing Opportunity.