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509 Ocean Avenue , Portland, ME 04103

$1,115,000
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New to the Market Active
SQUARE FEET2,254 MLS#1667410
STATUSActive PROPERTY TYPECommercial - Business

Property Description

Free-standing, two-story office building on 1.53± acres on Ocean AvenueExcess 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± SFEfficient two-floor layout featuring a welcoming reception area, eight private offices, two restrooms, a conference room, and a kitchenette/breakroomIdeally located just 450± feet from Payson Park, offering amenities such as a disc golf course, tennis courts, ice skating, walking trails, and a community gardenExcellent natural light with windows in every office

509 Ocean Avenue | MLS# 1667410

This commercial property located at 509 Ocean Avenue , Portland, ME 04103 is currently listed for sale with an asking price of $1,115,000. Search Portland real estate on thejennlaverdiereteam.masiellogrouprealestate.com today.

Property Features

Property Type: Commercial - Business
Basement: Yes
Basement: Unfinished
Cooling: Window Unit(s)
Heating: Gas Natural, Radiator
Lot Size: 1.53 Acres
Year Built: 1914

Feature Descriptions

Electric: Circuit Breakers
Equipment: Cable, Internet Access Available
Exterior: Wood Frame, Wood Siding
Flooring: Wood
Lot: Public Transport Access
Parking: 21+ Spaces, Off Street
Sewer: Public Sewer
Water: Public

Listed By / Shown By

Listed By

Agency Name: The Boulos Company
Agent Name: Andrew Sigfridson
Agency Phone: 207-772-1333

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 06/16/2026. The listing information on this page last changed on 06/16/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Tue 06/16/2026 12:00:23 AM EST) or MLSPIN MLS (last updated Mon 06/15/2026 11:38:32 PM EST) or Prime MLS (last updated Mon 06/15/2026 11:33:03 PM EST) or MREIS (last updated Mon 06/15/2026 11:55:13 PM EST). Real estate listings held by brokerage firms other than Better Homes and Gardens Real Estate The Masiello Group may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.



Listing data is derived in whole or in part from the Maine IDX & is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.© 2026 Maine Real Estate Information System, Inc. All Rights Reserved.

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