Commercial Opportunity in Portland's Core Portland, ME

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11 Brown Street Unit 1A
Portland, ME 04101

Property #: AP26008

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Contact Agent

Mike Carey
Tranzon Auction Properties

207-776-1936 mcarey@tranzon.com
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
 

The following summary of Terms & Conditions of Auction Sale is only intended to provide you a brief outline. For a complete copy, either download the Property Information Package, if available, or contact Mike Carey

Mike Carey: Tranzon Auction Properties

207-776-1936 mcarey@tranzon.com

All bidders must agree to all of the Terms & Conditions of Auction Sale prior to bidding at any Tranzon auction. Listings may be withdrawn or modified without notice at anytime.

For general information on the auction process, please review the Frequently Asked Questions.

Print Terms and Conditions

  • Buyer's Premium: 10% Buyer's Premium based on the high bid.
  • Closing: 45-day closing, sold in As-Is condition, no contingencies.
  • Deposit Amount: Ten percent (10%) of purchase price (high bid + buyer's premium) due within twenty-four (24) hours of auction end.
  • Buyer Agent Compensation: 2% of the high bid will be paid to a properly registered buyer's agent at settlement.
  • Agency Disclosure: The member company acting as auctioneer/agent is an agent for the seller only.
  • Disclaimer: Information contained herein is believed to be correct to the best of auctioneer/agent's knowledge but is subject to inspection and verification by all parties relying on it. Sellers, their representatives and auctioneer/agent shall not be liable for inaccuracies, errors, or omissions. All square footage and other dimensions are approximate. This offering is subject to prior sale and may be withdrawn, modified or cancelled at any time without notice.

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