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$590,000 Just Listed
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Property Description
2,786± SF OFFICE CONDO Malone Commercial Brokers is pleased to present this highly visible office condominium with an opportunity for prominent signage on busy Ocean Avenue "¢Perfectly configured for a small/medium office user "¢On-site free parking, an excellent amenity for owners, employees and guests "¢Adjacent to the corner of Ocean/Washington, the condo enjoys easy access to Falmouth, downtown Portland, I-295 and North Deering, all while being walking distance to Payson Park, Back Cove and Monte's Pizza!
Full Property Details
Full Property Details for 527 Ocean Ave #2
General
- Price: $590,000
- Taxes: $5,399 (2024)
- Status: Active
- Type: Office
- Source: MREIS
- MLS ID: 1658850
- Updated: 4/22/2026
- Added to Site: 2 day(s) ago
Business
- Business Type: Office Building
Interior
- Flooring: Vinyl, Carpet
Parking
- Parking Features: 21 or More Spaces
Location
- County: Cumberland
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air Conditioning
- Heating Type: Baseboard
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Construction: Clapboard, Wood Frame
- Roof: Shingle
- Stories/Levels: 2
- Building Size: 2786
- Square Feet: 2,786
- Living Area: 2,786 Sq. Ft.
- Year Built: 1987
Lot Features
- Zoning: Commercial
Financial Considerations
- Tax Amount: $5,399
- Tax Year: 2024
Disclosures and Reports
- Block: E
- Lot Number: 3
Listed by Malone Commercial Brokers, Inc. (207) 772-2422
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Schools
Schools serving 527 Ocean Ave #2
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 | 1.8 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 | 1.7 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 527 Ocean Ave #2
Date
Details
Price
Change
Source
4/22/2026
Listed
$590,000
—
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 527 Ocean Ave #2
Year
Property Taxes
Change
Tax Assessment
Change
2025
$5,888
9%
$491,500
37%
2024
$5,399
4%
$359,700
—
2023
$5,183
6%
$359,700
—
2022
$4,896
5%
$359,700
—
2021
$4,673
-31%
$359,700
23%
2020
$6,821
—
$292,600
—
2019
$6,821
4%
$292,600
—
2018
$6,578
4%
$292,600
—
2017
$6,335
3%
$292,600
—
2016
$6,177
2%
$292,600
—
2015
$6,036
3%
$292,600
—
2014
$5,852
3%
$292,600
—
2013
$5,679
—
$292,600
—
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 527 Ocean Ave #2
527 Ocean Avenue #2, Portland, ME 04103 (MLS# 1658850) is a Office property. 527 Ocean Avenue #2 is currently listed for $590,000 and was received on April 22, 2026. Want to learn more about 527 Ocean Avenue #2? 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.

