Two-Building Mixed-Use
For Sale
$2,000,000
829 Forest Avenue, Portland, ME 04103
Fenced parcel combines commercial storefronts, multifamily accommodations, garages, and extensive paved parking.
Property Size2,076 SF
Price / SF$963.39
Days on Market12
Property Features for 829 Forest Avenue
General Information
Standard status
Active
Size
2,076 SF
Property subtype
Multi-family
Property Condition
Severity
Repairs Needed
Evidence
interior work
Building Details
Year Built
1980
Buildings
2
Construction
block-face
Listing Agency:
Better Homes & Gardens Real Estate/The Masiello Group
Listed By:
Renee Roy
(603) 433-3350
Source:
Greatislandrealty
Added: Aug 28
Changed: Sep 7
Last Checked: Sep 8 at 6:53AM
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 Better Homes & Gardens Real Estate/The Masiello Group
Investment Insights
Based on property information with market context.
This mixed-use property includes a 1999 commercial building with metal siding, a metal roof, block-face construction, and two separate first-floor storefront areas. The building also has an attached one-car garage. A detached three-unit building adds a three-bedroom, two-bath residence, a one-bedroom first-floor apartment, and a two-bedroom second-floor apartment, along with a separate one-car garage. Constructed in 1980, the multifamily building has vinyl siding, vinyl trim, and gutters.
The buildings occupy one completely fenced parcel at 829 Forest Avenue in Portland, Maine. A substantial paved parking area serves the property, and both buildings are being conveyed together in as-is condition. The detached multifamily building requires interior work, allowing the next owner to renovate the existing residential layout. The combination of storefront space, residential units, garage areas, and paved parking supports a range of commercial and owner-user configurations.
The buildings occupy one completely fenced parcel at 829 Forest Avenue in Portland, Maine. A substantial paved parking area serves the property, and both buildings are being conveyed together in as-is condition. The detached multifamily building requires interior work, allowing the next owner to renovate the existing residential layout. The combination of storefront space, residential units, garage areas, and paved parking supports a range of commercial and owner-user configurations.
Key Highlights
- Two separate first‑floor storefront areas in the 1999 commercial building
- Detached three‑unit building with 3‑bedroom, 2‑bath residence, 1‑bedroom apartment, and 2‑bedroom apartment
- Substantial paved parking across one completely fenced parcel
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
865
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
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Fenced parcel combines commercial storefronts, multifamily accommodations, garages, and extensive paved parking.
Where is this mixed-use property located?
The property is located at 829 Forest Avenue Portland, ME.
What is the asking price?
The asking price for this property is $2,000,000.
What are key features of this property?
This property features: Two separate first‑floor storefront areas in the 1999 commercial building; Detached three‑unit building with 3‑bedroom, 2‑bath residence, 1‑bedroom apartment, and 2‑bedroom apartment; Substantial paved parking across one completely fenced parcel
