12 Smith St Portland, ME 04101
Property profile & analytics
12 Smith St, Portland, ME 04101
- Mixed-use properties
- 2,861 SF
- 0.09 lot acres
Property ID
US42-0129256
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Mixed-use properties
Property Details for 12 Smith St
- Year built
- 1900
- Lot size
- 0.09 lot acres
- Property type
- Mixed-use properties
Description
This exceptional mixed-use property at 12 Smith Street in Portland, Maine, presents a unique investment opportunity. Spanning 2,861 square feet on a 0.09-acre lot, this historic building is ideally situated in the heart of the Portland peninsula, offering unparalleled walkability to shops, restaurants, and entertainment. Currently configured as three apartments, the property generates rental income, with the first floor currently owner-occupied. The building boasts charming architectural details, including an original arched entry hood with carved Italianate brackets, scrollwork, and dentils, as well as corbelled and arched brick lintels and sills. High tin ceilings on the first floor and ample natural light create a bright and airy atmosphere. Cozy Jotul stoves provide supplemental heat. A side patio offers potential for outdoor improvements, and the rear of the property overlooks a museum and historic landmark with beautiful gardens. The property includes six parking spaces. This versatile space allows for various uses, including a ground-floor storefront or office with upper-floor workspace, or conversion into a stunning single-family home. Its location within the India Street FBC zone may qualify for Maine's Historic Rehabilitation Tax Credit (until 2030) and the Small Project Rehabilitation Credit, offering significant financial incentives. Proximity to India Street, Washington Street, East Bayside, and the Eastern Prom provides easy access to all that Portland has to offer. The possibilities are endless for this one-of-a-kind property. Priced at $1,350,000.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
-
CAP approach
-
Comparable approach
-
Alternative Use
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Portland
- County
- Cumberland
- State
- Maine
- Longitude
- -70.25267
- Latitude
- 43.66254
