Mixed-use property located along the high-visibility Forest Ave corridor. This well-maintained building features a ground-level retail space with an established tenant and a spacious, renovated two-level 5-bedroom residential unit. The property offers strong income potential with both commercial and residential components, along with off-street parking for added convenience. The building is equipped with natural gas heating, updated hot water heater, and a commercial-grade fire alarm and sprinkler system, supporting both safety and functionality. Ideal for investors or owner-occupants seeking a live/work opportunity in a prime Portland location. Opportunity to increase income through full apartment rental and optimized use.

More Info

Tax Information

Parcel Number PTLD-000137-C000017-000001
Taxes$7,910

Building

Building Features Sprinkler - Wet
Flooring Luxury Vinyl
Stories2
Year Built1930

Utilities

Cooling Central Air
Cooling YN Yes
Electric Circuit Breakers
Heat SystemOther
Heating FuelGas Natural
Heating YN Yes
Waste Water DisposalPublic Sewer

Parking

Parking 5 - 10 Spaces, Paved

Location

Address777 Forest Avenue
Building Number777
CountyCumberland
StateME
StreetForest Avenue
TownPortland
Zip04103

Property Information

Acreage0.14
Lot Features Business District
Property Uses Freestanding Building, Commercial, Retail
Square Feet3,948

Other

Date Listed04/01/2026

Basic Information

List Price$875,000
LocationTypeBusiness District, Near Turnpike/Interstate, Public Transport Access
MLS Number1655962
Property SubTypeMixed Use
Property TypeCommercial Sale
StatusACT

Exterior

RoofShingle

Amenities

Accessibility AmenitiesRamped Main Level

Water Body

Water AccessPublic

Legal

ZoningB2

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777 Forest AvenuePortland, ME 04103Price: $875,000

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