Courtesy: RE/MAX Shoreline
207-553-7500
Prime property zoned for mixed use in the heart of the Portland peninsula. Currently rented as apartments, 12 Smith Street would be a perfect owner property generating income in the remaining units. This historic brick building offers many possibilities from single residential, to fully commercial to combination live/work. Imagine a public facing first floor storefront or office with additional workspace on the upper floors. Parking for 6 cars can be reserved for customers or staff. OR create a stunning single family home that is walkable to many shops, restaurants, and entertainment venues. This is a vibrant, walkable urban district with a neighborhood feel. Explore the visual character and warmth of 12 Smith Street. The original arched entry hood with carved Italianate brackets, scrollwork and dentils remain above the entry alcove and the window openings feature a corbelled and arched brick lintel and projecting brick sill with corbelled brackets. With exceptionally high tin ceilings on the first floor and no other buildings directly abutting either side, great light and air flows throughout. Cozy Jotul stoves provide heat when the weather turns cooler. The side patio is a blank slate waiting for your creative touches. Gaze out your back windows for inspiration from your new back neighbor, a museum and historic landmark with a beautiful outdoor sculpture and perennial gardens! Opportunities abound for this one-of-a-kind property. Imagine the possibilities. Everything you need is just a short hop to India Street, Washington Street, East Bayside, the Eastern Prom and all that the city has to offer. May qualify for Maine's Historic Rehabilitation Tax Credit to 2030 and the Small Project Rehabilitation Credit. Located in the India Street FBC zone.
Courtesy: Coldwell Banker Realty
207-773-1990
Back on the market after rent board repair to bank capital projects and completed renovations. BANKED RENTS RECORDED & APPROVED. Within this 7-unit building, the first is a 2 bed, 2 bath apartment, which is currently owner occupied. This makes an ideal situation either for another owner to occupy, or it can be available to set the rent to current market rates. The other 6 apartments leave room for growth with their current rents. Well maintained and loved by one owner for 22 years this building has been upgraded with community and residents in mind. Many energy savings upgrades already completed. New roof (2022) with a 50 year, transferrable warranty. Fully fenced back yard for green space available for all to enjoy including canopy for sun shade, fire pit for extra warmth on spring/fall evenings, grill and sitting/sleeping swing to enjoy in warmer weather. Coin-op washer and dryer for extra monthly cash. Ideal peninsula location with an amazing walkability score of 97 to restaurants, shops, bars & services. Highly desirable deeded parking spaces for seven vehicles with no maintenance responsibilities. Excellent rental history and currently fully occupied.
Courtesy: Benchmark Real Estate
207-775-0248
Opportunity awaits! Located at the center of the peninsula and in Portland emerging Bayside neighborhood this commercial/mixed use investment provides income and opportunity. The main level is leased @ $3,300pm modified gross (tenants pay heat, ac, hot water and electric) and this space is lovely. The upper 2.5 levels have been gutted and await your imagination and finish. The current owners have plans for 5 residential apartments but the options are many. With ReCode (rolling out this fall) this site and the rear parking lot (not part of this sale but the owners are open to offers) will become a B2B zone and even more desirable. The bones are good - the location fantastic - the opportunity apparent. Shown by appointment Monday through Friday 10AM to 4PM with advanced notice.
Courtesy: Gardner Real Estate Group
207-613-1400
Downtown Portland Maine opportunity for awesome visibility for your business! This Monument Square location offers phenomenal shopping traffic for this commercial condominium unit. With its modern full glass storefront appeal, soaring 14' ceilings, and large interior space, your business will be well presented in this busy downtown location. It also comes with a large 400sf basement storage room as an added bonus. Currently set up for a hair salon, this unique space offers endless possibilities for your dream business! The seller would also be willing to lease this commercial space.
Courtesy: Benchmark Real Estate
207-775-0248
With expansive city skyline, sunset, Back Cove and Mount Washington views, this elevated site and six unit building offer some very rare opportunities. This 'secret' location is one you likely never knew existed and just outside the very center of Portlan's East End. Just two blocks from the hip and happening inner Washington Ave, a few blocks from the Eastern Prom and Old Port locations don't come more desirable or convenient.. As you pull off North St, you seem to enter another world - or more accurately - step back in time. It's remarkable that this peaceful place exists in one of Maine's most populated areas. Outside, there is parking for six. Inside there are 5 - 1 bedroom units and 1 - 1 bedroom unit all with separate utilities. Upper levels offer sensational city and sunset views and the roof is ready for more. Property can be combined with 47 Cumberland Ave (single family on +/-.31 areas). There are multi-families and then there are investment opportunities - this is both and the possibilities are only limited by your imagination. Shown by appointment Monday - Friday between 10AM and 4PM.
Courtesy: Benchmark Real Estate
207-775-0248
The site is currently home to a modest single family home (47 Cumberland) and a large open and level lot at the end of Sumner Ct (an improved private road just off North St). The building envelope is large, open, level and elevated affording expansive city skyline, Back Cove and White Mountain views. At a combined .31 acres or +/-13,590 sq/ft +/- the total possible unit count is 15 and the non-historic district, R6 Munjoy Hill Overlay zoning ensures the reimagine/redevelopment process will be streamlined. The options are many and the opportunities near limitless. From living in the single family with your very own urban oasis / orchard in the backyard to building a 1-2-3 family with your deluxe owners unit on the upper level to buy and pursue a mid to large scale development of condos, apartments of a mix... There is also more land and an adjacent 6 unit available for the investor/developer that might want more/more options. Opportunity is knocking!
Courtesy: Benchmark Real Estate
207-775-0248
The combined lots at 33-37 Montreal St represent one of the most compelling development opportunities in Maine and beyond. This elevated and gently sloping site offers expansive Casco Bay views on one of the East End's quietest yet most convenient streets. This part of Munjoy Hill is open, airy, inviting and equi-distant from Eastern Promenade recreation and inner Washington Ave breweries, boutiques, bakeries and more. Located in Portland's most generous residential zone (R6), you can build to 45' in height (from this height you have a near 360* view from sunrise to sunset, ocean to mountains and even city skyline) up to 14 market rate or 35 affordable units. The corner lot allows for zero setbacks on two sides and tremendous flexibility on design from townhouse and small houses to high rise. The owners have done a significant amount of pre-work from survey and geotechnical to engaging one of the area's most respected architectural firms; Kaplan Thompson. Documents are available and this team is posted and ready to field questions or help move your idea to occupancy.
Courtesy: Landing Real Estate
207-775-7653
THIS is 1851 Washington Avenue, where the possibilities seem to be endless! Not only would this premium 1950's brick colonial be excellent for a family, it provides the perfect opportunity for an Airbnb, a group/residence home, a daycare, OR the property could be split into 3 high-end units. This home is located adjacent to a 24 acre green space and sits on just under one acre giving ample space . There is a four car garage and the current driveway is able to fit up to 20 vehicles. This is a custom built home PERFECT for large families and entertaining. Upon entering the home you will find a sophisticated great room with a three sided propane fireplace leading to a wide open, fully loaded kitchen with new quartz countertops, original cherry cabinetry, an induction range, and wall oven. The homes spacious design flows effortlessly to a dining room, library, and large living room, each with a wood/propane fireplace, and hardwood floors throughout. Upstairs, you will find six bedrooms, all of which are en suite. Three of the bedrooms offer walkouts to an enclosed, sunny, and spacious porch that is perfect for entertaining while enjoying the views of the surrounding area. It doesn't stop there. In the basement you will find space for storage, a workshop, great spot for a media room, a 50s style dance floor and a half bath. Conveniently located with great walkability and public transportation to explore nearby coffee shops, restaurants, parks, and golf courses. This 6000+ sqft home is a MUST see. You do not want to miss out on this amazing opportunity in the heart of the highly desired North Deering area.
Courtesy: The Dunham Group
207-773-7100
The building is 2-stories, and consists on one retail unit on the first floor and two apartments on the second floor (one 1-bedroom and one 2-bedroom). Fully leased. All tenants are Tenants-at-will.
Courtesy: Malone Commercial Brokers, Inc.
207-772-2422
3,200± SF RETAIL/SERVICE BUILDING. Previously configured as a religious institution with high ceilings, finished basement with kitchen and offices. Plans were in place to convert to a bar/restaurant. See Broker for list of recent improvements. Located just off I-295, in close proximity to downtown Portland and Maine Medical Center.
Courtesy: Maine Real Estate Co
800-971-8860
2 retail & 5 residential units in a prime location! Discover a unique investment opportunity at the vibrant intersection of Forest Ave, Woodford St, and Ocean Ave. This property features a strategic location with two street-level retail units, perfect for businesses seeking prime visibility, and five residential units on the second floor, providing modern living spaces with 1 to 3 bedrooms. The full unfinished basement, equipped with a loading dock, adds versatility for potential expansion, storage, or logistical convenience. Positioned at a bustling intersection, the property promises high traffic and accessibility via major thoroughfares and public transportation. Investors can capitalize on a steady rental income stream from the mix of residential and commercial spaces, while the prime location ensures long-term appreciation and demand. Explore the potential of this mixed-use gem, combining convenience, versatility, and income prospects. Schedule your private viewing and seize the opportunity to invest in this dynamic property.
Courtesy: Malone Commercial Brokers, Inc.
207-772-2422
5,444± SF OFFICE BUILDING. Fully modernized Class B office space. Located in Portland's West End neighborhood close to Maine Medical Center. Layout includes a reception area, work spaces, private offices, conference rooms, break room and 8 private restrooms. Two curb cuts with 11± on-site parking spaces.
Courtesy: Malone Commercial Brokers, Inc.
207-772-2422
DOWNTOWN RETAIL CONDOMINIUM: Real Estate Only. 1,477± SF retail condo leased to Regards. Each tenant has designated storage space in the basement. 1031 exchange opportunity. Great location in downtown Portland with a walk score of 97 - Walker's Paradise. Unit C is available and can be purchased together. SALE PRICE: $700,000 PER CONDOMINIUM.
Courtesy: Malone Commercial Brokers, Inc.
207-772-2422
DOWNTOWN RETAIL CONDOMINIUM: Real Estate Only. 1,582± SF retail condo leased to Broken Arrow. Each tenant has designated storage space in the basement. 1031 exchange opportunity. Great location in downtown Portland with a walk score of 97 - Walker's Paradise. Unit B is also available and can be sold together. SALE PRICE: $700,000 PER CONDOMINIUM.
Courtesy: Roxane Cole Commercial Real Estate LLC
207-653-6702
Historic property for Commercial or Multi use featuring a main building with carriage house, currently occupied by owner as a healing arts building. The property has three condominium units all owned by the same owner providing great flexibility for commercial or residential buyers. Highly visible desirable Portland location not far from Downtown Portland and highways. The property has mature trees, beautiful grounds and abundant parking. It is truly a must see! Also listed as MLS#1581210.
Courtesy: Daigle Commercial Group, Inc.
207-773-4222
A rare opportunity to acquire a unique restaurant property that has been a part of Portland's vibrant culinary history. Parker's Restaurant, known by many as the ''Cheers'' of Portland, is the famed neighborhood Pub and Restaurant ingrained with nostalgia that will immediately attract past patrons and fans of the iconic gathering place. The once-thriving establishment is now available for acquisition as a turnkey restaurant/sports bar operation that still has a following with its old clientele standing by anxiously awaiting its reopening. 160 seats.
Courtesy: Benchmark Real Estate
207-775-0248
2 trophy condos at the very center of Portland's peninsula offer the owner-user or quality minded investor opportunity and upside. Called a 'walker's paradise' by WalkScore this location offers immediate access to boutiques, breweries, shops, salons, galleries, grocers and even museums, music venues, monuments and more... This location ensures that any use from commercial to mixed to residential will not only succeed but thrive. The current owners have poured money into this historic property to preserve its past and ensure it meets today's needs/demands. From plumbing, heating, cooling, electrical and more the attention to detail is impressive. What's also impressive is the retained period details from the intricate tin ceilings and trim to plate glass windows and 10-13' ceilings. The desirable B3 zone allows for a host of uses. Shown by appointment. Offered 3 ways: 1) Unit 1 - 4,347sq/ft, garden and ground level condo, currently fully outfitted as a high-end spa/salon $795,000. (taxes $12,538 & condo fee $850p/m) 2) Unit 2 - Second floor condo, currently leased to Man & Oak $455,000. (taxes $6,764 & condo fee $250p/m) 3) Units 1 & 2 - $1,250,000
Portland is located in Maine. Portland, Maine has a population of 66,715. Portland is less family-centric than the surrounding county with 28.46% of the households containing married families with children. The county average for households married with children is 29.75%.
The median household income in Portland, Maine is $51,430. The median household income for the surrounding county is $65,702 compared to the national median of $57,652. The median age of people living in Portland is 36 years.
The average high temperature in July is 78.8 degrees, with an average low temperature in January of 13.4 degrees. The average rainfall is approximately 49.4 inches per year, with 61.9 inches of snow per year.
