Mixed-Use Investment Opportunity,
671 Forest Avenue, Portland, ME 04103
COMMERCIAL - Portland, ME
Property size:
11,169 SFLot size:
0.12 AcresPrice / SF:
$134/SF- Added:
- Mar 19, 2026
- Days on Market:
- 56
- Last Refresh:
- May 13 at 9:06 pm
Property Features for 671 Forest Avenue
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- B2
- Rooms
- Basement
- Parking features
- Off Street, On Street
- Basement
- Unfinished, Walk-Out Access, Finished, Full
- Standard status
- Active
- Size
- 11,169 SF
- Lot size
- 0.12 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Annual Amount
- 15028
Utilities
- Sewer type
- Public Sewer
- Heating system
- Baseboard, Oil, Hot Water(Heating)
- Water source
- Public
Building Details
- Year built
- 1910
- Number of units
- 9
- Flooring type
- Vinyl, Tile, Carpet
- Building materials
- Masonry, Brick, Brick Veneer
- Roof type
- Flat
Listing agent Sarem Al-Shawk (207) 415-7986
Listing office Maine Real Estate Co 685 US Route 1, Scarborough, ME (207) 292-1030
Listing date Mar 19, 2026
MLS# 1650411
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.
HighLights
- Prime Portland location at the intersection of Forest Ave, Woodford St, and Ocean Ave, offering high visibility and accessibility.
- Mixed‑use property featuring 1 retail unit and 8 residential units, providing diverse income streams.
- Steady rental income potential from a mix of commercial and residential spaces.
- Eight modern residential units with 1 to 3 bedrooms.
- Full finished basement with loading dock, offering versatility for expansion or storage.
- High traffic location with accessibility via major thoroughfares and public transportation.
Overview
This mixed-use property, located at the intersection of Forest Ave, Woodford St, and Ocean Ave in Portland, Maine, presents an investment opportunity with one retail unit and eight residential units, totaling nine units. The street-level retail unit is designed for businesses seeking high visibility. The eight residential units on the second floor offer modern living spaces with 1 to 3 bedrooms. The property benefits from high traffic and accessibility via major thoroughfares and public transportation. The full finished basement is equipped with a loading dock, adding versatility for potential expansion, storage, or logistical convenience for the retail unit. The property is located in an area zoned B2 and has a building size of 11169 square feet on a lot of 0.12 acres.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
A Company of Girls
Association / Organization
Location Insight
- Map
- Local Demand
- City
- Portland
- County
- Cumberland
- State
- Maine
- Longitude
- -70.284176
- Latitude
- 43.6711641
Nearby Similar for Sale
FAQs
What type of property is this?
Mixed-use property - Retail and residential units in a prime Portland location.
Where is this mixed-use property located?
The property is located at 671 Forest Avenue Portland, ME.
What is the asking price?
The asking price for this property is $1,499,000.
What are key features of this property?
This property features: Prime Portland location at the intersection of Forest Ave, Woodford St, and Ocean Ave, offering **high visibility and accessibility**.; Mixed‑use property featuring 1 retail unit and 8 residential units, providing diverse income streams.; Steady rental income potential from a mix of commercial and residential spaces.
