1435 Forest Avenue, Portland, ME 04103

$625,000
Property Type: Multi-Family Baths: 1 Square Footage: 2,910 Lot Size (sq. ft.): 7,405 Status: Active
Current Price: $625,000 List Date: 12/10/2025 Last Modified: 2/04/2026

Description

Excellent opportunity to own a mixed used building with high visibility in downtown Portland! Whether you're an owner-user ready to launch your business, or an investor seeking turnkey cash flow with upside this property checks every box! Ground floor store front, with 3 bed apartment above. Includes an additional finished space for storage or break room.

Supplements: ********

More Information MLS# 1646140

Location Information

Book: 41550 Leased Land: No Page: 253 Map: 340 Lot: 4 Zoning Overlay: Unknown Association: No Tree Growth Y/N: No Street #: 1435 Street Name: Forest Street Type: Avenue County: Cumberland Town: Portland State/Province: ME Zip Code: 04103 Zip +4: 1728 Zoning: D3 Full Tax Amount $: 7529 Tax Year: 2024 Geo Lat: 43.693823 Geo Lon: -70.301347

Property Information

Surveyed: Unknown Seasonal: No Number of Units: 1 Lot Size Acres +/-: 0.17 Total Baths: 1 Total Half Baths: 1 SqFt Finished Above Grade: 2910 SqFt Finished Below Grade: 0 SqFt Source: Public Records Garage: No Garage Spaces: 0 Year Built: 1923 SqFt Finished Total: 2910 Source of Acreage: Public Records

Site

Level: 1 Sidewalks: 1

Location

Intown: 1 Near Shopping: 1 Near Town: 1 Near Turnpike/Interstate: 1 Neighborhood: 1

Roads

Paved: 1 Public: 1

Water Info

Water Frontage: No Water View: No

Style

New Englander: 1 Other: 1

Construction

Wood Frame: 1

Basement

Brick/Mortar: 1

Exterior

Wood Siding: 1

Roof

Shingle: 1

Heat System

Direct Vent Furnace: 1 Forced Air: 1 Heat Pump: 1

Heat Fuel

Electric: 1 Gas Natural: 1 Oil: 1

Income & Expenses

Gross Income: 28800 Operating Expenses: 0

Cooling

None: 1

Floors

Carpet: 1 Laminate: 1 Tile: 1 Vinyl: 1

Units

# of 3 BD Units: 1

Parking

1 - 4 Spaces: 1

Unit 1

Lease: No Level: First Security Deposit: No Monthly Rent: 0 # of Half Baths: 1 # of Rooms: 3 Dedicated Electric Meter: Yes Dedicated Gas Meter: Yes Dedicated Water Heater: Yes Electric: Yes Heat: Yes Range: Yes Refrigerator: No Sewer: Yes Water: Yes

Electric

Circuit Breakers: 1

Gas

Natural - On Site: 1

Sewer

Public Sewer: 1

Water

Public: 1

Driveway

Paved: 1

Basement Entry

Interior: 1

Water Heater

Electric: 1 Gas: 1

Amenities

Laundry - 1st Floor: 1

Equipment

Other Equipment: 1

Vehicle Storage

No Vehicle Storage: 1

Contract Information

Status: Active Original List Price: 625000 List Price: $625,000 Current Price: $625,000

Property Features

Site: Level; Sidewalks Location: Intown; Near Shopping; Near Town; Near Turnpike/Interstate; Neighborhood Roads: Paved; Public Style: New Englander; Other Construction: Wood Frame Basement: Brick/Mortar Basement Entry: Interior Exterior: Wood Siding Roof: Shingle Heat System: Direct Vent Furnace; Forced Air; Heat Pump Heat Fuel: Gas Natural; Oil Water Heater: Electric; Gas Cooling: None Floors: Carpet; Laminate; Tile; Vinyl Amenities: Laundry - 1st Floor Equipment: Other Equipment Driveway: Paved Parking: 1 - 4 Spaces Vehicle Storage: No Vehicle Storage Electric: Circuit Breakers Gas: Natural - On Site Sewer: Public Sewer Water: Public
Listing Office: Better Homes & Gardens Real Estate/The Masiello Group
IDX
Last Updated: February - 04 - 2026
Broker Attribution: 2072813837

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