I believe the law firm Verrill Dana has most of the space on the top four floors. It's not condos, that's just the PPH being lazy in its story research again.
By my reading it seems like they are condos: Office condos, owned by Bobby Monks and Tim O'Neill. A condominium is just an ownership share of a building; it can be residential, retail or offices. In a business story the PPH assumes its readers know this.
Also, co-owner of those condos is quoted extensively in the story, so its hardly a question of lazy research on the reporter's part.
409 Cumberland Avenue:
Sunset Lofts appears to be a cool project. Hopefully this will spur additional development along that stretch of road, which looks pretty down and out.
^ I like that full build-out there...should be a nice addition to Commercial Street
In other news, this eyesore on Brighton Ave near the Westbrook line looks to be getting an upgrade: http://www.pressherald.com/2015/01/29/travelodge-owner-wants-to-rebuild/
Hopefully it's built closer to the street than the current building, with parking in back.
That would surprise me greatly. First, I don't know if they even own the old gas station land. Second, even if they do I don't recall ever seeing the underground tanks being removed, which I would think would be a prerequisite to building there. Third, it wouldn't fit with the rest of the neighborhood, and I see no compelling reason for that to change.