777 Forest Avenue, Portland, ME 04103
Cumberland County
Key Facts
Description
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.
Property Information
Property Type
Commercial Sale
Sub-Type
Mixed Use
Year Built
1930
Stories
2
Living Area
3,948 sq ft
Lot Size
0.14 acres
Zoning
B2
Days on Market
9
MLS® Listing#
1655962
Property Features
Cooling
Heating
Flooring
Basement
Parking
Roof
Utilities
Sewer
Water Source
Financial Details
HOA
None
Annual Taxes
$7,910
Tax year 2026
Parcel Number
PTLD-000137-C000017-000001
Affordability Calculator
$175,000
Estimated monthly payment
$4,657/mo
Principal $700,000 · Est. interest $976,562 over 30 yrs
Location
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Points of Interest in Portland, ME
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Nearby Homes
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Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 128 Madeline Street, Portland, ME | $618,000 | 3 | 1 | 1,558 |
| 930 Forest Avenue, Portland, ME | $625,000 | 4 | 2 | 1,940 |
| 178 Ridge Road 26, Portland, ME | $625,000 | 3 | 3 | 1,943 |
| 52 Davis Street, South Portland, ME | $625,000 | 3 | 1 | 1,602 |
| 130 Fellows Street, South Portland, ME | $625,000 | 4 | 3 | 2,274 |
| 75 Chestnut Street 310, Portland, ME | $635,000 | 2 | 2 | 899 |
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