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$1,140,000
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Property Description
A rare chance to acquire two adjoining properties on Portland's high-visibility Washington Avenue corridor, available individually or as a package. Together, the properties offer a renovated commercial office building and a mixed-use 2-family with commercial space - a versatile combination well-suited for investors and owner-users. The package unlocks an expansive combined parking footprint rarely found this close to downtown, with easy access to I-295, Back Cove, and the Roux Institute campus. Strong existing income with additional upside potential through lease-up of available space.
Full Property Details
Full Property Details for 522-526 Washington Ave
General
- Price: $1,140,000
- Status: Active
- Type: Commercial
- Source: MREIS
- MLS ID: 1662687
- Updated: 6/18/2026
- Added to Site: 51 day(s) ago
Business
- Business Type: Office Building, Other
Interior
- Flooring: Vinyl, Wood
Parking
- Parking Features: 5 - 10 Spaces
Location
- County: Cumberland
Heating & Cooling
- Cooling Type: None
- Heating Type: Oil, Baseboard
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Construction: Vinyl Siding
- Basement: Yes
- Basement Desc.: Full, Unfinished
- Square Feet: 5,036
Lot Features
- Lot Size (Acres): 0.33
- Lot Size (Sq. Ft.): 14,374.8
- Zoning: B2B
- Lot Description: Bus Line
Disclosures and Reports
- Block: J
- Lot Number: 2-3
Listed by Vitalius Real Estate Group, LLC (207) 541-3755
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Price & Sales History for 522-526 Washington Ave
Date
Details
Price
Change
Source
6/18/2026
Price Reduced
$1,140,000
-4.2%
MLS
5/18/2026
Listed
$1,190,000
—
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 522-526 Washington Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$5,228
10%
$436,400
37%
2024
$4,770
4%
$317,800
—
2023
$4,579
6%
$317,800
—
2022
$4,325
5%
$317,800
—
2021
$4,128
-8%
$317,800
66%
2020
$4,464
—
$191,500
—
2019
$4,464
4%
$191,500
—
2018
$4,305
4%
$191,500
—
2017
$4,146
2%
$191,500
-1%
2016
$4,068
3%
$192,700
1%
2015
$3,938
3%
$190,900
—
2014
$3,818
3%
$190,900
—
2013
$3,705
—
$190,900
—
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 522-526 Washington Ave
522-526 Washington Avenue, Portland, ME 04103 (MLS# 1662687) is a Commercial property. 522-526 Washington Avenue is currently listed for $1,140,000 and was received on May 18, 2026. Want to learn more about 522-526 Washington Avenue? Do you have questions about finding other Commercial real estate for sale in Portland? You can browse all Portland real estate or contact a Coldwell Banker agent to request more information.

