Map of Property

For Sale

Office Building with Excess Land for Development

509 Ocean Ave, Portland, ME 04101

Ocean Avenue office property steps from Payson Park with nearby recreational amenities and excess RN-3 zoned land for redevelopment.Free-standing, two-story office building on 1.53± acres on Ocean Avenue

Key features

  • Efficient two-floor layout featuring a welcoming reception area, eight private offices, two restrooms, a conference room, and a kitchenette/breakroom
  • Excellent natural light with windows in every office
  • Excess 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± SF
  • Ideally located just 450± feet from Payson Park, offering amenities such as a disc golf course, tennis courts, ice skating, walking trails, and a community garden
Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

Contacts

Andrew Sigfridson

The Boulos Company

Building Details

  • For Sale $1,115,000
  • Property Type Office - General Office
  • Property Size 2,254 SF
  • Lot Size 1.53 Acre
  • Parking Spaces Avail. 43
  • Property Tenancy Single Tenant
  • Building Class B
  • Year Built 1914
  • Date Updated Jun 8, 2026

Attachments

Getting Around

  • Walk Score ®

    Somewhat Walkable (57)

  • Transit Score ®

    Some Transit (34)

  • Bike Score ®

    Bikeable (57)
Powered by Walk Score ®

Location

  • City Portland, ME
  • Neighborhood Back Cove
  • Zip Code 04101
  • Market Portland ME

Points of Interest

Sunoco

1.19 miles

Forest Avenue Mobil

1.30 miles

Tesla Supercharger

1.41 miles

Gulf

1.65 miles

Big Apple

1.71 miles

Citgo

1.90 miles

Mobil

2.18 miles

7-Eleven

2.21 miles

ChargePoint

8.66 miles

Innovation Hall South: Patient Parking Lot

1.23 miles

Oral Health Center:Patient Parking Lot

1.25 miles

Finley Recreation Center Lot

1.29 miles

Baxter Woods Parking

1.34 miles

Ginn & McDougall Halls Lot

1.35 miles

Proctor Hall Lot

1.37 miles

Library Lot

1.37 miles

Presumpscot Park Parking

1.62 miles

USM Surrenden Street Parking Garage

1.62 miles

Classy Chassie Car Wash

1.13 miles

Scrub-a-Dub Auto Wash Centers

1.17 miles

Enterprise

1.70 miles

U Car Share

2.09 miles

Crystal Clean Car Wash

3.60 miles

Veranda Noodle Bar

0.67 miles

Veranda Thai

0.69 miles

Back Cove BBQ & Pizzeria

0.96 miles

Otto Pizza

0.98 miles

Pizzaiolo

1.02 miles

Dina's Cuisine

1.03 miles

Mekong Asian Bistro

1.03 miles

Sammy's Scoops

1.05 miles

Luis's Arepera and Grill

1.05 miles

Hannaford

1.46 miles

Shaw's

1.53 miles

Whole Foods Market

1.57 miles

Trader Joe's

1.61 miles

Rosemont Market

1.70 miles

Portland Food Co-op

1.85 miles

Congress Plaza Shopping Center

1.86 miles

Reny's

2.08 miles

Paul's Food Center

2.12 miles

Historic Marine Hospital

1.18 miles

Martin's Point Health Care

1.19 miles

Martin's Point Portland Clinic

1.21 miles

Walgreens

1.25 miles

Portland Fire Department: Allen Avenue Station

1.43 miles

CVS Pharmacy

1.63 miles

Brighton Medical Center

1.69 miles

Portland Fire Department Munjoy Hill Station

1.71 miles

East End Family Medicine Center

1.81 miles

509 Ocean Ave Listing Summary

  • What is the asking price at Office Building with Excess Land for Development?

    Office Building with Excess Land for Development is currently listed for sale at Contact for pricing.

  • What is the total size of Office Building with Excess Land for Development?

    Office Building with Excess Land for Development has a total of 2,254 square feet.

  • What is the year built for Office Building with Excess Land for Development?

    The year built for Office Building with Excess Land for Development is 1914.

Contact Listing Broker
Andrew Sigfridson

The Boulos Company

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