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    1435 Forest Ave Portland, ME 04103

    New
    For Sale
    $625,000

    Multiple - Portland, ME

    Property size:
    2,910 SF
    Lot size:
    7,405.00 Acres
    Days on Market:
    2
    Last Refresh:
    Dec 11 at 4:06 am

    Property Features for 1435 Forest Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Bathroom 1
    Bathrooms
    1
    Size
    2,910 SF
    Lot size
    7,405.00 Acres

    Utilities

    Heating system
    Forced Air, Heat Pump (Heating)

    Building Details

    Year built
    1923
    Flooring type
    Carpet, Laminate, Tile, Vinyl
    Roof type
    Shingle
    Architectural style
    Other

    Better Homes and Gardens-The Masiello Group (800) 741-1540 [email protected]

    Listing agent Rob Trask (207) 560-4683

    Listing date Dec 10, 2025

    MLS# 1646140 Listing URL

    Copyright © 2025 Better Homes and Gardens-The Masiello Group. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Mixed-Use Building in Downtown Portland

    This mixed-use building offers an excellent opportunity in downtown Portland. The property features a ground floor storefront and a three-bedroom apartment above. An additional finished space is available for storage or a break room. The property is suitable for an owner-user looking to start a business or an investor seeking turnkey cash flow with upside. The building has high visibility. The lot size is approximately 0.17 acres, and the property size is 2910 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Fortune Garden Chinese Restaurant

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Hair Salon Dental Office Clothing Store Nail Salon Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Portland
    County
    Cumberland
    State
    Maine
    Longitude
    -70.301472
    Latitude
    43.693753

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    FAQs

    What type of property is this?
    Mixed-use property - Mixed-use building with storefront and apartment in high-visibility location.
    Where is this mixed-use property located?
    The property is located at 1435 Forest Ave Portland, ME.
    What is the asking price?
    The asking price for this property is $625,000.
    What are key features of this property?
    This property features: - High visibility location in downtown Portland.; - Mixed-use building with ground floor storefront and 3-bed apartment.; - Turnkey cash flow potential for investors.
    (207) 560-4683
    Request Owner's contact information
    1435 Forest Ave Portland, ME 04103
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    Portland, ME 04103
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1435 Forest Ave Portland, ME 04103
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