New

$400,000

For Sale

A day ago

187 Congress St, Portland, ME

Name: 187 Congress St, For Sale in Portland - eXp Realty
Brand: Keller Williams Realty
SKU: 1678325
Price: 400000 USD

House

MLS® 1678325

3 Bed

1 Bath

1519 sqft

Key Facts
Description
Map

Key Facts

Type Single Family Residence

Levels Residential

Size 1519 sqft

Garage

Taxes $6,624

Days Active 1

Lot Size 0.06 Acres

Approx. Age 1850

Avg. Price Per Sqft $263

MLS® Number 1678325

Property Address: 187 Congress St, Portland, ME, 04101-3621

Average square foot calculated using Size range provided by listing agent.

Description

Rare B-1 zoning in Portland's East End -- and the hard part is already done. 187 Congress Street is an 1850 brick home on Munjoy Hill taken down to the studs: framing, systems, and the full stone-foundation basement are open and inspectable today, so a contractor can walk the actual structure and price the project up front. The B-1 Neighborhood Business Zone permits what the surrounding residential blocks cannot: two- to four-family and multi-family dwellings, live/work homes, professional offices, child care, retail, cafe/restaurant space, even a bed & breakfast -- with vertical mixed-use (business below, homes above) expressly encouraged. The house sits well back from the street behind an open front yard with an existing curb cut, and B-1's build-to standards invite new construction right at the sidewalk. Better still, the parcel lies outside the Munjoy Hill Historic District -- no Historic Preservation design review; projects proceed through standard permitting. All concepts are subject to City approvals and applicable requirements; verify all details with the City of Portland. Then there is the location: three blocks from the Portland Observatory, an easy stroll to the Eastern Promenade, and steps from the restaurants, groceries, and neighborhood businesses that make the Hill one of Maine's most walkable, sought-after addresses -- while staying convenient to downtown and the entire peninsula. Investor, developer, owner-occupant, or entrepreneur: restore it as a remarkable live/work home, rebuild it as multi-unit housing, or bring a storefront-plus-residences vision to the only parcel on these blocks where that is legal. A Vision Guide detailing six development concepts and the diligence behind each is available upon request. Opportunities with this combination of zoning, condition, and location don't come along every day.

MLS® Number1678325

Laundry Level

Central VacNo

FireplaceNo

Acreage

Exterior

Garage

Approx. Age1850

BasementNot Applicable, Full, Unfinished

Driveway

Garage Spaces

HeatOil, None

A/C

Extras

Price History

-End Date

Not Sold YetSold Price

For Sale

Aug 29, 2026List Date

$400,000List Price

Commute

Commute

Starting Address

Destination Address

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