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$1,115,000 Just Listed
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Property Description
Free-standing, two-story office building on 1.53± acres on Ocean Avenue 2,254± SF free-standing, two-story office building zoned B-1 on a combined 1.53± acres, zoned B-1 and RN-3 Efficient layout featuring a welcoming reception area, eight private offices, two restrooms, a conference room, and a kitchenette/breakroom 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 Excellent natural light with windows in every office
Full Property Details
Full Property Details for 509 Ocean Ave
General
- Price: $1,115,000
- Taxes: (2024)
- Status: Active
- Type: Office
- Source: MREIS
- MLS ID: 1667410
- Updated: 6/16/2026
- Added to Site: 1 day(s) ago
Business
- Business Type: Freestanding Building, Office Building, Commercial
Interior
- Flooring: Wood
Additional Information
- Equipment: Cable, Internet Access Available
Parking
- Parking Features: 21 or More Spaces, Off Street
Location
- County: Cumberland
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Window Unit(s)
- Heating Type: Gas Natural, Radiator
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Construction: Wood Frame, Wood Siding
- Basement: Yes
- Basement Desc.: Unfinished
- Stories/Levels: 2
- Square Feet: 2,254
- Year Built: 1914
Lot Features
- Lot Size (Acres): 1.53
- Lot Size (Sq. Ft.): 66,646.8
- Zoning: B-1
- Lot Description: Public Transport Access
Financial Considerations
- Tax Year: 2024
Disclosures and Reports
- Block: 1
- Lot Number: 1
Listed by The Boulos Company (207) 772-1333
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Schools
Schools serving 509 Ocean Ave
School District:Portland
| Name | Grades | Distance |
|---|---|---|
Presumpscot School 69 Presumpscot Street, Portland, ME 04103 | K-5 | 0.5 mi |
Howard C Reiche Community School 166 Brackett Street, Portland, ME 04102 | K-5 | 2.4 mi |
Lyman Moore Middle School 171 Auburn Street, Portland, ME 04103 | 6-8 | 1.7 mi |
Casco Bay High School 196 Allen Avenue, Portland, ME 04103 | 9-12 | 1.5 mi |
Deering High School 370 Stevens Avenue, Portland, ME 04103 | 9-12 | 1.6 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 509 Ocean Ave
Date
Details
Price
Change
Source
6/16/2026
Listed
$1,115,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 509 Ocean Ave
Year
Property Taxes
Change
Tax Assessment
Change
2019
$6,315
—
$799,900
56%
2019
$6,315
—
$511,400
89%
2019
$6,315
4%
$270,900
—
2018
$6,090
4%
$270,900
—
2017
$5,865
3%
$270,900
—
2016
$5,719
2%
$270,900
—
2015
$5,589
3%
$270,900
—
2014
$5,418
3%
$270,900
—
2013
$5,258
—
$270,900
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 509 Ocean Ave
509 Ocean Avenue, Portland, ME 04103 (MLS# 1667410) is a Office property. 509 Ocean Avenue is currently listed for $1,115,000 and was received on June 16, 2026. Want to learn more about 509 Ocean Avenue? Do you have questions about finding other Office real estate for sale in Portland? You can browse all Portland real estate or contact a Coldwell Banker agent to request more information.

