Mixed-Use Investment Opportunity, Portland

671 Forest Avenue, Portland, ME 04103

View on Map

For Sale

$1,499,000

COMMERCIAL - Portland, ME

Property size:

11,169 SF

Lot size:

0.12 Acres

Price / SF:

$134/SF

HighLights

Mixed‑use building with 1 retail unit and 8 residential units (9 units total), with residential units on the second floor
Residential unit bedroom mix: 1 to 3 bedrooms
Basement is finished and includes a loading dock
Built in 1910 with masonry construction, including brick and brick veneer
Heating includes oil with baseboard and hot water (heating) systems
Public water and public sewer; flat roof; parking available on‑street and off‑street

We can help!

Listing Contact

Sarem Al-Shawk

For Sale

$1,499,000

COMMERCIAL - Portland, ME

Property size:

11,169 SF

Lot size:

0.12 Acres

Price / SF:

$134/SF

Added:: Mar 19, 2026
Days on Market:: 87
Last Refresh:: Jun 13 at 10:06 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: Walk-Out Access, Unfinished, Full, Finished
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: Oil, Hot Water(Heating), Baseboard
Water source: Public

Building Details

Year built: 1910
Number of units: 9
Flooring type: Tile, Carpet, Vinyl
Building materials: Masonry, Brick, Brick Veneer
Roof type: Flat

We can help!

Listing Contact

Sarem Al-Shawk

Listing agent Sarem Al-Shawk

Listing office Maine Real Estate Co 685 US Route 1, Scarborough, ME

Listing date Mar 19, 2026

MLS# 1650411

HighLights

Mixed‑use building with 1 retail unit and 8 residential units (9 units total), with residential units on the second floor
Residential unit bedroom mix: 1 to 3 bedrooms
Basement is finished and includes a loading dock
Built in 1910 with masonry construction, including brick and brick veneer
Heating includes oil with baseboard and hot water (heating) systems
Public water and public sewer; flat roof; parking available on‑street and off‑street

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 Location Intelligence

Current Use by Public Records

A Company of Girls Association / Organization

Suggested Use

Location Insight

Map
Local Demand

City: Portland
County: Cumberland
State: Maine
Longitude: -70.284176
Latitude: 43.6711641

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For sale
Mixed-use properties
ME
Portland
04103
671 Forest Avenue

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: Mixed‑use building with 1 retail unit and 8 residential units (9 units total), with residential units on the second floor; Residential unit bedroom mix: 1 to 3 bedrooms; Basement is finished and includes a loading dock

671 Forest Avenue, Portland, ME 04103

COMMERCIAL - Portland, ME

Property Features for 671 Forest Avenue

General Information

Taxes and HOA fees

Utilities

Building Details

We can help!

HighLights

Overview

Current Use by Public Records

Suggested Use

Location Insight

Nearby Similar for Sale

Renovated Commercial Building in Portland

Brick Retail Building with Seafood Use

West End Bed & Breakfast

Freestanding Divisible Office Building

Turnkey 10-Unit Multifamily

Portland Mixed-Use Investment Opportunity

Renovated Two-Unit Duplex

Eastern Promenade Colonial Revival Multifamily

Quadplex Condo Conversion Opportunity

Fully Leased Munjoy Hill Investment

Seven-Unit Brick Multifamily Building

West End Triplex Opportunity

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