Mixed-Use Property with Commercial
For Sale
$899,000
1041 Ocean Avenue, Portland, ME 04103
Commercial Sale, Portland, ME
Property Size1,038 SF
Lot Size0.54 Acres
Price / SF$866.09
Days on Market51
Property Features for 1041 Ocean Avenue
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
I-M
Rooms
Basement
Basement
Full
Lot features
Other Location
Standard status
Active
Size
1,038 SF
Lot size
0.54 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
7522
Utilities
Sewer type
Private Sewer
Heating system
Propane (Heating), Hot Water(Heating), Oil, Baseboard
Water source
Public
Building Details
Year built
1938
Flooring type
Tile, Bamboo
Building materials
Wood Frame, Vinyl Siding
Roof type
Shingle
Listing Agency:
Greater Portland Realty
(207) 797-7777
Listed By:
Karla Galli
(207) 939-4585
Added: Jul 7
Changed: Aug 19
Last Checked: Aug 26 at 7:06PM
MLS# 1661524
Copyright © 2026 Maine Listings. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 0.54-acre mixed-use property includes a 1,038-square-foot single-family home and a detached commercial garage. The garage’s finished upper level contains multiple bedrooms, bathrooms, a kitchen, and an open living area; the space is not permitted as a legal residential unit. The residence was built in 1938 and features wood-frame construction, vinyl siding, tile and bamboo flooring, a shingle roof, and a basement. Public water and private sewer serve the property, with heating systems including propane, oil, hot water, and baseboard components.
Located at 1041 Ocean Avenue in Portland, the property is minutes from I-295. I-M zoning is supported by the source data, while any future use or development would remain subject to applicable approvals.
Located at 1041 Ocean Avenue in Portland, the property is minutes from I-295. I-M zoning is supported by the source data, while any future use or development would remain subject to applicable approvals.
Key Highlights
- 0.54‑acre mixed‑use property at 1041 Ocean Avenue, Portland, ME 04103
- 1,038‑square‑foot single‑family home built in 1938
- Detached commercial garage with finished upper‑level space
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
73
Businesses Nearby
Explore this area
Business Placement
Demographics for 04103, ME
31,185
Population
14,336
Households
2.2
Avg Household Size
40
Median Age
58%
College-Educated
97%
High-School Grad
10.2 sq mi
ZIP Area
3,057
Density / Sq Mi
$90,682
Median Household Income
$48,640
Median Earnings
$1,571
Median Rent
$421,800
Median Home Value
Market
Vacancy Rate% for Industrial in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Mixed-use property combining a single-family residence with a detached garage and finished upper-level commercial space.
Where is this mixed-use property located?
The property is located at 1041 Ocean Avenue Portland, ME.
What is the asking price?
The asking price for this property is $899,000.
What are key features of this property?
This property features: 0.54‑acre mixed‑use property at 1041 Ocean Avenue, Portland, ME 04103; 1,038‑square‑foot single‑family home built in 1938; Detached commercial garage with finished upper‑level space
