Assisted Living

Portland, ME Assisted Living Facilities for Sale

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South Portland, ME Cape Elizabeth, ME Long Island, ME Falmouth, ME New Portland, ME Scarborough, ME Chebeague Island, ME Westbrook, ME
Portland Mixed-Use Garrison-Style Building
Updated: Oct 1, 2025
Portland Mixed-Use Garrison-Style Building

244 Ray St, Portland, ME 04103

$514,000
2,256 sqft 0.26 AC lot
Large bedrooms and easy access bathrooms. Sprinkler and fire system installed.
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244 Ray St, Portland, ME 04103

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Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Portland, ME, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Equipped Rehabilitation Center Facility
Equipped Rehabilitation Center Facility

31 Holbrook Road, Auburn, ME 04210

$1,250,000
12,600 sqft 2.28 AC lot

Institutional facility with clinical, administrative, residential, dining, and group-programming areas in a purpose-configured setting.

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Rehabilitation Center with Residential Quarters
Rehabilitation Center with Residential Quarters

31 Holbrook Road, Auburn, ME 04210

$1,250,000
12,600 sqft 2.28 AC lot

Institutional facility with clinical, administrative, dining, and residential components on an expansive Auburn site.

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Assisted Living Facility with Sprinklers
Assisted Living Facility with Sprinklers

913 Essex Street, Bangor, ME 04401

$819,900
3,748 sqft 1.05 AC lot

Group-living configuration with staff offices, gathering areas, accessible entry, and recent mechanical and kitchen upgrades.

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Adaptive Reuse Senior Housing Building
Adaptive Reuse Senior Housing Building

28 Merchants Plaza, Bangor, ME 04401

Contact for pricing

Historic downtown space repurposed for apartments, elderly housing, assisted living, and museum use.

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Portland, ME Assisted Living Facilities Market Trends and Statistics

Explore 1 assisted living facilities for sale in Portland, ME on our real estate platform. These investment opportunities span a total of 2,256 square feet of properties for sale, with an estimated market value of $514,000.

Sale prices for assisted living facilities in Portland, ME average $514,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Assisted living facilities 1

Demographics Overview

Population 119K
Population Growth (5Y) +15.6%
Median Household Income $93,177
College Educated 60.2%

High-Yield Neighborhoods for Investment

Identify Portland submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
04103 $514K

Taxes & Financing

Tax Rate (average for all types) 1.44%
Property Tax per SF $9.35 per SF
Tax Rate vs County Average 0.08 pp below county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Cumberland County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Cumberland County

Retail

Office

Residential Income

Property Size Breakdown

The majority of commercial real estate listings in Portland fall within the 10,000 to 25,000 square foot range.

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