14 Welch Street 1 and 2, Portland, ME 04108

$799,000

This distinctive 2-story 2-condo property presents a unique live/work opportunity.

Set within the island’s business district...

Perched just steps from the ferry landing!

The first floor (Unit 1) offers a flexible commercial space.

Three rooms each have their own private entrance...

Another room with its own private entrance.

Commercial space features a half bath with washer/dryer.

Heading upstairs to the residential unit...

The second-floor residence (Unit 2) is a light-filled retreat.

The open-concept living space flows effortlessly onto a private deck overlooking Casco Bay and the Portland skyline.

The one-bedroom layout is enhanced by a charming loft.

The loft could be an inspiring workspace!

Property Type: Residential Bedrooms: 1 Baths: 2 Square Footage: 1,461 Lot Size (sq. ft.): 14,375 Status: Active

Current Price: $799,000 List Date: 4/15/2026 Last Modified: 4/28/2026

Overview

Description

Perched just steps from the ferry landing, the iconic Webber Store building is a rare offering on Peaks Island- where coastal charm, investment potential, and an elevated island lifestyle converge. Set within the island's business district, this distinctive two-story property presents a unique live/work opportunity. The first floor (Unit 1) features an inviting, flexible commercial space with three separate rooms, each with its own entrance--most recently a thriving thrift store and equally well-suited for a boutique office, creative studio, or gallery. Above, the second-floor residence (Unit 2) is a light-filled retreat, where an open-concept living space flows effortlessly onto a private deck overlooking Casco Bay and the Portland skyline. Here, sunset gatherings are framed by ever-changing ocean views. The one-bedroom layout is enhanced by a charming loft, ideal for guests or an inspiring workspace, along with a spacious closet. Both units feature private outdoor spaces and ... (Read more)

Listing Details MLS# 1655998

Property Sub-Type

Property Sub-Type: Condominium

Location Information

Street #: 14
Street Name: Welch
Street Type: Street
Unit #: 1 and 2
County: Cumberland
Town: Portland
State/Province: ME
Zip Code: 04108
Zip +4: 1315
Leased Land: No
Book: 40640
Page: 159-161 211-213
Map: 84
Block: Q
Lot: 4
Zoning: IB
Zoning Overlay: No
Neighborhood Association: City View Condominium
Association: Yes
Association Fee: 750
Fee Frequency Paid: Quarterly
Full Tax Amount $: 7451
Tax Year: 2024
Tree Growth Y/N: No
Entrance Fee: 0

Contract Information

Original List Price: 799000

Property Information

Surveyed: Yes
Seasonal: No
Deed/Conveyance Type Offered: Quit Claim w/Covenant
# Rooms: 6
# Bedrooms: Yes
Total Full Baths: Yes
Total Half Baths: Yes
Total Baths: 2
Year Built: 1985
SqFt Finished Above Grade: 1461
SqFt Finished Total: 1461
SqFt Source: Appraiser
Garage: No
Lot Size Acres +/-: 0.33
Source of Acreage: Appraiser
# Fireplaces: 0
SqFt Finished Below Grade: 0
Garage Spaces: 0

Water Info

Water Frontage: No
Water View: Yes
Water Body Name: Casco Bay
Island: Yes

Condominium

Unit Type: Condo
FHA Certification: No
Units in Building: 2

More Information

Parking

Reserved Parking: Yes
Reserved Parking Spaces: 2
1 - 4 Spaces: Yes
On Site: Yes
Tandem: Yes

Utilities

Utilities On: Yes

Site

Well Landscaped: Yes

Location

Business District: Yes
Near Public Beach: Yes

Roads

Public: Yes

Water Body Type

Bay: Yes
Harbor: Yes
Ocean: Yes

Recreational Water

Dock: Yes
Nearby: Yes
Oceanfront: Yes
Waterfront Deep: Yes

Construction

Wood Frame: Yes

Basement

Bulkhead: Yes
Full: Yes
Sump Pump: Yes

Foundation Materials

Poured Concrete: Yes

Exterior

Shingle Siding: Yes

Roof

Composition: Yes

Heat System

Baseboard: Yes
Heat Pump: Yes

Appliances Included

Dryer: Yes
Gas Range: Yes
Microwave: Yes
Refrigerator: Yes
Washer: Yes

Heat Fuel

Electric: Yes

Cooling

Heat Pump: Yes
None: Yes

Floors

Hardwood: Yes

Style

Contemporary: Yes
New Englander: Yes

Electric

Circuit Breakers: Yes

Bedroom 1

Bedroom 1: Yes
Bedroom 1 Level: Second

Gas

No Gas: Yes

Sewer

Public Sewer: Yes

Water

Public: Yes

Driveway

Gravel: Yes

Basement Entry

Bulkhead: Yes
Interior: Yes

Water Heater

Electric: Yes

Vehicle Storage

No Vehicle Storage: Yes

Great Room

Great Room: Yes
Great Room Level: Second

Loft

Loft: Yes

Loft Amenities

Ladder: Yes

Other Room 1

Other Room 1: Yes
Other Room 1 Level: First

Other Room 2

Other Room 2: Yes
Other Room 2 Level: First

Other Room 3

Other Room 3: Yes
Other Room 3 Level: First

Property Features

Site: Well Landscaped Location: Business District; Near Public Beach Roads: Public Water Body Type: Bay; Harbor; Ocean Recreational Water: Dock; Nearby; Oceanfront; Waterfront Deep Appliances Included: Dryer; Gas Range; Microwave; Refrigerator; Washer Style: Contemporary; New Englander Construction: Wood Frame Basement: Bulkhead; Full; Sump Pump Basement Entry: Bulkhead; Interior Foundation Materials: Poured Concrete Roof: Composition Exterior: Shingle Siding Heat System: Baseboard; Heat Pump Water Heater: Electric Cooling: Heat Pump; None Floors: Hardwood Driveway: Gravel Parking: 1 - 4 Spaces; On Site; Tandem Vehicle Storage: No Vehicle Storage Electric: Circuit Breakers Gas: No Gas Sewer: Public Sewer Water: Public

Room Information

Room Name	Level
Other Room	First
Other Room 2	First
Other Room 3	First
Bedroom 1	Second
Great Room	Second
Loft	Second

Documents

Unit 1 Non-Residential Disclosure ›

Unit 2 Residential Property Disclosure ›

Unit 1 Condo Addendum ›

Unit 2 Condo Addendum ›

City View HOA Declaration with Bylaws ›

City View HOA Plat ›

Unit 1 Tax Bill ›

Unit 2 Tax Bill ›

Financing and Ownership Overview ›

IDX

Listing Office: Peninsula Real Estate LLC

Last Updated: April - 28 - 2026

Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. Copyright ©2026 Maine Real Estate Information System, Inc. All Rights Reserved. Equal Housing Opportunity.