Mixed-Use Property with Commercial
New
For Sale
$899,000
1041 Ocean Ave, Portland, ME 04103
Industrial-zoned property combines a maintained single-family home with a detached commercial garage and finished upper-level space.
Property Size1,038 SF
Price / SF$866.09
Days on Market2
Property Features for 1041 Ocean Ave
General Information
Standard status
Active
Size
1,038 SF
Zoning
Industrial
Additional Details
Highway Access
Yes
Three-Phase Power
Yes
Building Details
Year Built
1938
Buildings
2
Listing Agency:
Greater Portland Realty
Listed By:
Karla Galli, Anthony Galli
Source:
603luxury
Added: Sep 11
Last Checked: Sep 11 at 2:52PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Greater Portland Realty
Investment Insights
Based on property information with market context.
Built in 1938, this mixed-use property includes a maintained single-family residence and a separate commercial garage. The garage has a finished upper level arranged with multiple bedrooms, bathrooms, a kitchen, and an open living area. That upper-level space is not currently permitted as a legal residential unit.
Industrial zoning supports the property’s stated commercial and residential development considerations. The site is located at 1041 Ocean Ave in Portland, with access to I-295 within minutes. The existing combination of residential improvements and commercial garage space provides a property configuration for an owner-user, contractor, or business operator, subject to applicable permitting and approvals.
Industrial zoning supports the property’s stated commercial and residential development considerations. The site is located at 1041 Ocean Ave in Portland, with access to I-295 within minutes. The existing combination of residential improvements and commercial garage space provides a property configuration for an owner-user, contractor, or business operator, subject to applicable permitting and approvals.
Key Highlights
- Industrial zoning
- Detached commercial garage with finished upper level
- Upper level includes multiple bedrooms, bathrooms, kitchen, and open living area
Property Analytics
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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
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Market
Vacancy Rate% for Office in Northeast region
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Industrial-zoned property combines a maintained single-family home with a detached commercial garage and finished upper-level space.
Where is this mixed-use property located?
The property is located at 1041 Ocean Ave 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: Industrial zoning; Detached commercial garage with finished upper level; Upper level includes multiple bedrooms, bathrooms, kitchen, and open living area
