186 Washington Avenue, Portland, ME 04101 (MLS# 1681505)

186 Washington Avenue, Portland, ME 04101

New Listing

$990,000

Property Type: Commercial Square Footage: 7,620 Lot Size (sq. ft.): 3,920 Status: Active

Current Price: $990,000 List Date: 9/21/2026 Last Modified: 9/22/2026

Overview

Description

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 ... (Read more)

Listing Details MLS# 1681505

Location Information

Street #: 186
Street Name: Washington
Street Type: Avenue
County: Cumberland
Town: Portland
State/Province: ME
Zip Code: 04101
Leased Land: No
Book: Yes
Page: Yes
Map: 10
Block: F
Lot: 2
Zoning: B-2b
Zoning Overlay: Unknown
Tree Growth Y/N: No
Association Y/N: No

Contract Information

Original List Price: 990000

Property Information

Primary Use: Retail
Surveyed: Unknown
SqFt Finished Total: 7620
Lot Size Acres +/-: 0.09

Water Info

Water Frontage: No
Water View: No

Levels

Two: Yes

Location

Bus Line: Yes
Business District: Yes
Near Airport: Yes
Near Shopping: Yes
Near Turnpike/Interstate: Yes

More Information

Property Uses

Bar/Tavern/Lounge: Yes
Commercial: Yes
Convenience Store: Yes
Development: Yes
Freestanding Building: Yes
Grocery: Yes
Restaurant: Yes
Retail: Yes

Construction

Masonry: Yes
Other: Yes

Foundation Materials

Poured Concrete: Yes
Slab: Yes

Exterior

Block: Yes
Brick: Yes

Roof

Composition: Yes
Membrane: Yes

Heat System

Baseboard: Yes
Hot Water: Yes

Heat Fuel

Gas Natural: Yes

Cooling

Wall Unit(s): Yes

Accessibilitiy Amenities

Level Entry: Yes

Parking

No Parking: Yes

Electric

Circuit Breakers: Yes

Gas

Natural - At Street: Yes

Sewer

Public Sewer: Yes

Water

Public: Yes

Property Features

Location: Bus Line; Business District; Near Airport; Near Shopping; Near Turnpike/Interstate Construction: Masonry; Other Levels: Two Property Uses: Bar/Tavern/Lounge; Commercial; Convenience Store; Development; Freestanding Building; Grocery; Restaurant; Retail Foundation Materials: Poured Concrete; Slab Exterior: Block; Brick Roof: Composition; Membrane Heat System: Baseboard; Hot Water Heat Fuel: Gas Natural Cooling: Wall Unit(s) Parking: No Parking Electric: Circuit Breakers Gas: Natural - At Street Sewer: Public Sewer Water: Public

Documents

Property Disclosure Public Access ›

Listing Office: StartPoint Realty

Last Updated: September - 22 - 2026

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