1435 Forest Avenue, Portland, ME 04103

Building Details

Year built

1923

Flooring type

Carpet, Laminate, Tile, Vinyl

Roof type

Shingle

Architectural style

Other

Listing agent Rob Trask Show Phone

Listing office South Portland, Maine i***@Masiello.com 75 John Roberts Road Suite 102A, Keene, ME Show Phone

Listing date Dec 10, 2025

Report an issue

MLS# 1646140 Listing URL

Copyright © 2026 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

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 building is suitable for an owner-user looking to start a business or an investor seeking turnkey cash flow with upside. The lot size is approximately 0.17 acres, and the property size is 2,910 square feet.

Suggested Use

Law Firm Restaurant Real Estate Agency Spa & Massage Center Hair Salon Dental Office Nail Salon Food Market Grocery & Convenience Store Gym & Fitness Center

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

Nearby Similar for Sale

• 

  $650,000

  3,170 SF

  Renovated Commercial Building in Portland

  High-visibility commercial building with flexible space and on-site parking.

  522 Washington Avenue, Portland, ME 04103

  View Details
• 

  $1,495,000

  4,922 SF

  Brick Retail Building with Seafood Use

  Brick retail building on a busy corridor with on-site parking, currently operating as grandfathered seafood retail.

  677 Forest Avenue, Portland, ME 04103

  View Details
• 

  $1,595,000

  3,842 SF

  West End Bed & Breakfast

  Turn-key hospitality asset in Portland's West End.

  15 Pine Street, Portland, ME 04102

  View Details
• 

  $1,190,000

  5,102 SF

  Freestanding Divisible Office Building

  For sale freestanding office with divisible layout and full basement, with zoning permitting residential conversion.

  7 Forest Avenue, Portland, ME 04101

  View Details
• 

  $2,195,000

  9,980 SF

  Turnkey 10-Unit Multifamily

  Professionally managed 10-unit building with recent systems and interior updates plus nine parking spaces.

  7 Huntress Street, Portland, ME 04102

  View Details
• 

  $1,190,000

  5,036 SF

  Portland Mixed-Use Investment Opportunity

  Two adjoining properties with income potential near downtown Portland.

  522-526 Washington Avenue, Portland, ME 04103

  View Details
• 

  $849,000

  2,184 SF

  Renovated Two-Unit Duplex

  Turnkey two-bedroom units with in-unit laundry, separate utilities, detached garage parking, and a large backyard on a half-acre lot.

  850 Washington Avenue, Portland, ME 04103

  View Details
• 

  $2,690,000

  6,283 SF

  Eastern Promenade Colonial Revival Multifamily

  Rare 5-unit building near Eastern Promenade with flexible layout.

  63-69 Morning Street, Portland, ME 04101

  View Details
• 

  $1,349,000

  3,849 SF

  Quadplex Condo Conversion Opportunity

  80%-completed quadplex with permits in place and planned four unit condo-quality buildout for flexible residential use.

  126 Danforth Street, Portland, ME 04101

  View Details
• 

  $1,299,000

  3,304 SF

  Fully Leased Munjoy Hill Investment

  Four-unit property with partial Casco Bay views in Portland.

  6 - 8 Saint Lawrence Street, Portland, ME 04101

  View Details
• 

  $1,580,000

  4,454 SF

  Seven-Unit Brick Multifamily Building

  Historic seven-unit brick property with updated apartments and keyless entry, plus four off-street parking spaces.

  272 State Street, Portland, ME 04101

  View Details
• 

  $1,199,000

  2,784 SF

  West End Triplex Opportunity

  Well-maintained three-unit in Portland's West End.

  115 Clark Street, Portland, ME 04102

  View Details

FAQs

What type of property is this?

Mixed-use property - Mixed-use building with storefront and apartment in downtown Portland.

Where is this mixed-use property located?

The property is located at 1435 Forest Avenue 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.