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    843 Forest Ave Portland, ME 04103

    For Sale
    $870,000

    SINGLE_FAMILY - Portland, ME

    Type:Retail
    Property size:
    4,074 SF
    Lot size:
    0.15 Acres
    Days on Market:
    15
    Last Refresh:
    Dec 5 at 10:06 am

    Property Features for 843 Forest Ave

    General Information

    Property type
    Residential
    Property subtype
    Retail
    Standard status
    Active
    Zoning
    B2B
    Parking features
    On Street, Off Street
    Size
    4,074 SF
    Lot size
    0.15 Acres

    Utilities

    Sewer type
    Public Sewer
    Water source
    Public

    Building Details

    Year built
    1966
    Building materials
    Block

    Linscott Real Estate (207) 767-3366 [email protected]

    Listing agent Brian Linscott (207) 767-3366

    Listing date Nov 21, 2025

    Copyright © 2025 Maine Real Estate Information System, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Prime Portland Location with Buildings

    This property features two standalone buildings situated on a high-traffic street in Portland, where some reports indicate 20,000 to 28,000 vehicles pass daily. The location offers convenient access with an 1,800-square-foot off-street parking lot, supplemented by readily available on-street parking. The main building, currently undergoing renovations, features a multi-level interior and ample storage space. The second structure, a single-level building with an open concept, is currently operating as a bakery. Located on a 0.15-acre lot, the property is zoned B2B. The property has housed successful businesses in the past, including Amato's and Downeast Appliance Center. The total property size is 4,074 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Storefront properties

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Similar Places Nearby

    Backyard Blooms, C.M.Skerritt Designs

    Location Insight

    • Map
    • Local Demand
    City
    Portland
    County
    Cumberland
    State
    Maine
    Longitude
    -70.2871797
    Latitude
    43.6767622

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    FAQs

    What type of property is this?
    Storefront property - Two buildings on a busy street, ideal for business.
    Where is this storefront property located?
    The property is located at 843 Forest Ave Portland, ME.
    What is the asking price?
    The asking price for this property is $870,000.
    What are key features of this property?
    This property features: - High-traffic location on a busy street (20,000-28,000 vehicles per day reported).; - Two standalone buildings included.; - Off-street parking with an 1,800-square-foot parking lot.
    (207) 767-3366
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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
    843 Forest Ave Portland, ME 04103
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