Corner Gas Station
For Sale
$1,095,000
484 Forest Avenue, Portland, ME 04101
Commercial Sale, Portland, ME
Property Size1,064 SF
Lot Size0.16 Acres
Price / SF$1,029
Days on Market47
Property Features for 484 Forest Avenue
General Information
Property type
Commercial Sale
Property subtype
Retail
Zoning
B2b
Lot features
Near Turnpike/ Interstate, Business District, Bus Line
Standard status
Active
Size
1,064 SF
Lot size
0.16 Acres
Taxes and HOA fees
Tax Year
2024
Tax Annual Amount
5416
Utilities
Sewer type
Public Sewer
Heating system
Natural Gas, Forced Air
Water source
Public
Building Details
Year built
1942
Flooring type
Concrete
Building materials
Masonry, Brick
Roof type
Flat, Membrane
Listing Agency:
EXP Realty
(888) 439-8743
Listed By:
Michael Rogers · License #BR900937
(207) 318-9984
Added: Jul 29
Changed: Sep 12
Last Checked: Sep 13 at 1:06AM
MLS# 1673964
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 1,064-square-foot gas station property occupies a 0.16-acre corner parcel at 484 Forest Avenue in Portland. Built in 1942, the masonry and brick structure includes concrete flooring, a flat membrane roof, natural-gas forced-air heat, public water, and public sewer. The property has operated as a gas station since 1942, including service under the Welch Service Station name since the early 1970s.
The site is positioned at a signalized intersection on Forest Avenue with two entrance points and reported traffic exceeding 20K AADT. B2b zoning applies. The existing improvements and corner setting may support adaptive reuse concepts identified in the property information, including a café, office, or retail boutique. The age of the building also makes it a candidate for historical tax credits of up to 45%.
The site is positioned at a signalized intersection on Forest Avenue with two entrance points and reported traffic exceeding 20K AADT. B2b zoning applies. The existing improvements and corner setting may support adaptive reuse concepts identified in the property information, including a café, office, or retail boutique. The age of the building also makes it a candidate for historical tax credits of up to 45%.
Key Highlights
- 1,064‑square‑foot gas station building on a 0.16‑acre parcel
- Signalized Forest Avenue corner with two entrance points
- Reported traffic volume of 20K+ AADT
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,101
Businesses Nearby
41k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 50%
Dining 50%
Burger King
Dining
19,211 visits/mo
0.1 miles
Artist & Craftsman Supply
Shops & Services
5,242 visits/mo
0.4 miles
Gulf Oil
Shops & Services
5,106 visits/mo
0.4 miles
Mobil
Shops & Services
4,636 visits/mo
0.1 miles
TD Bank
Shops & Services
3,771 visits/mo
0.1 miles
Demographics for 04101, ME
18,109
Population
11,510
Households
1.6
Avg Household Size
36
Median Age
57%
College-Educated
93%
High-School Grad
2.0 sq mi
ZIP Area
9,055
Density / Sq Mi
$60,726
Median Household Income
$45,009
Median Earnings
$1,457
Median Rent
$600,600
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Gas station - Established automotive site with dual access, public utilities, and flexible reuse potential for retail, office, or café concepts.
Where is this gas station located?
The property is located at 484 Forest Avenue Portland, ME.
What is the asking price?
The asking price for this property is $1,095,000.
What are key features of this property?
This property features: 1,064‑square‑foot gas station building on a 0.16‑acre parcel; Signalized Forest Avenue corner with two entrance points; Reported traffic volume of 20K+ AADT
