Prime 5-unit multifamily investment opportunity in Portland's desirable West End. Featuring four 2-bedroom units and two 1-bedroom units, this income-producing property offers excellent tenant demand, and future upside potential. The current owner has offered the units to his employees at a discounted rental rate. The property had a safety inspection completed by the city with the third floor broken up into two, two-bedroom units instead of one combined four-bedroom unit. Conveniently located minutes from Downtown Portland, Maine Medical Center, restaurants, shops, and public transportation. A rare opportunity to acquire a well-located multifamily asset. Group showings: Tuesday, June 23rd at 10am - 11:30am Thursday, June 25th at 12pm - 1:30pm All showings after group showings will be by appointment only. Allow at least 24 hours to notify tenants.
Free-standing, two-story office building on 1.53± acres on Ocean Avenue 2,254± SF free-standing, two-story office building zoned B-1 on a combined 1.53± acres, zoned B-1 and RN-3 Efficient layout featuring a welcoming reception area, eight private offices, two restrooms, a conference room, and a kitchenette/breakroom Ideally located just 450± feet from Payson Park, offering amenities such as a disc golf course, tennis courts, ice skating, walking trails, and a community garden Excellent natural light with windows in every office
Opportunity meets flexibility at 26 Adelaide Street. This thoughtfully renovated property offers three finished levels of living space, a generous backyard, and a RARE BONUS: an additional buildable lot included in the sale. This home blends classic character with modern updates including beautiful wood floors, heat pumps for efficient heating and cooling, and flexible living spaces throughout. With three bedrooms and three levels of finished living area, there is room to spread out whether you're looking for a primary residence, investment property, or a live/work opportunity. Outside, the expansive yard provides space to garden, entertain, or simply enjoy a private outdoor setting rarely found in this area of Portland. Two detached garages offer exceptional storage, workshop space, or future possibilities. The true standout is the property's B2 commercial zoning and included second deeded lot. The lot may offer future development potential including an additional single family home, ADU, multifamily development, or other permitted uses within the B2 district. Buyers are encouraged to perform their own due diligence with the City of Portland regarding zoning, density, and permitted uses. Conveniently located within walking distance of the University of New England's Portland campus, local restaurants, parks, and neighborhood amenities, this is a unique opportunity to purchase not just a home, but future potential in one of Portland's most convenient locations.
Rare opportunity to acquire a 0.19± AC development site in Portland's East Bayside neighborhood with immediate access to I-295, downtown Portland, & Munjoy Hill Existing 1,635± SF, steel-constructed former auto repair shop Flexible B-5 (Urban Commercial) Zoning supports a dense mix of commercial, low-impact industrial, & residential uses Site plan approvals in place for a 5,665± SF flex building, while the property could also support up to 40 residential apartment units (confirm with City of Portland)
High-visibility mixed-use opportunity in Portland's B-2B Mixed Use Zone, prominently positioned on the corner of Forest Ave & Pleasant Ave just north of Woodford's Corner. Offering exceptional exposure with a traffic count of approximately 35,000+ vehicles per day, the property features an 829 SF first-floor commercial corner suite--ideal for retail, office, salon/barber, or other permitted uses (see land use documents). In addition to the commercial space are two fully renovated and occupied residential units with separate entrances, creating immediate income potential. The second floor offers a 2BD/1BA unit (945 SF) currently rented for $2,500/month plus utilities, while the third floor features a spacious 4BD/2BA unit (1,766 SF) rented for $3,400/month plus utilities. Modern updates and strong rental demand make these units well-positioned for long-term performance. Additional highlights include off-street parking for 3 vehicles, abundant street parking, and direct access to public transportation. Conveniently located just minutes from I-295 and downtown Portland, and within a half-mile of Back Cove, the Stevens Ave/Deering neighborhood, and local favorites such as Norimoto Bakery, Rambler Café, Pat's Meat Market, and Woodford Food & Beverage. This property offers a blend of income, flexibility, and unmatched visibility. Also listed as MULTI-FAMILY MLS# 1665886.
7,230± SF MIXED-USE BUILDING •Prime location on Portland's Peninsula •Off-street parking for 10± cars •Over 7,000± SF with retail/flex space on the first floor and upper-level office and apartment for additional rental income •Ideal for an owner-user or investor
A rare chance to acquire two adjoining properties on Portland's high-visibility Washington Avenue corridor, available individually or as a package. Together, the properties offer a renovated commercial office building and a mixed-use 2-family with commercial space - a versatile combination well-suited for investors and owner-users. The package unlocks an expansive combined parking footprint rarely found this close to downtown, with easy access to I-295, Back Cove, and the Roux Institute campus. Strong existing income with additional upside potential through lease-up of available space.
High-visibility commercial opportunity on Washington Avenue in Portland. Fully renovated and expanded in 2016, the building offers 5,445 +/- SF of upscale, flexible space suited to a variety of uses. Partially leased to individual office tenants, this property is ideal for an owner-user seeking a prominent location with supplemental rental income, or an investor looking to lease up the available space. On-site parking, basement storage, and easy access to I-295, downtown Portland, and surrounding neighborhoods. Can be purchased as a package with the neighboring building, see 526 Washington Ave.
Hard-to-find property featuring industrial zoning with broad potential applications. This property would also serve as an excellent development site for either commercial or residential. This well maintained single-family home includes a detached commercial garage with a large finished upper-level space complete with multiple bedrooms and bathrooms, a kitchen and open living room. This space is currently not permitted as a legal unit. Conveniently located just minutes from I-295, offering easy access for commuters, contractors or business owners alike. Relocate or establish your business here or bring your vision to this site!
''MAJOR INVESTMENT OPPORTUNITY'' This is a rare opportunity to own this well maintained 44 unit apartment complex featuring 5 separate buildings on a beautiful 3.8 Acre lot that is extremely convenient to everything including public transportation. The 5 buildings consist of 3 three story 12 unit buildings and 2 two story 4 unit buildings, all units are 2 bedroom, 3 different styles with some including a laundry, heat & hot water included with natural gas, an additional extensive shop area / storage / office spaces with a half bath below unit #5, large shed, ample parking with guest spaces, nice lawn area, lots of updates & improvements including windows, excellent rental history, currently fully occupied with mostly long term tenants & great payment history. THIS IS A VERY SOLID ALL AROUND MULTIUNIT RENTAL PROPERTY WITH GREAT OVERALL NUMBERS, MOSTLY LONG TERM TENANTS, LOW TURNOVER, RARE VACANCIES, THE POTENTIAL FOR INCREASED RENTS, SUBSTANTIALLY MORE VERSATILITY & SIGNIFICANTLY HIGHER FINANCIAL YEILDS IN THE FUTURE WHEN THE CURRENT AFFORDABLE HOUSING USE, WITH 100% PROPERTY TAX EXEMPTION, MAY BE DISCONTINUED AND ALLOW FOR MULTIPLE OTHER OPTIONS....CALL BRUCE LUDKA FOR MORE INFORMATION.
This rare four-parcel, .262-acre assemblage at the corner of Oxford and Cedar Street offers a unique opportunity in Portland's rapidly evolving Bayside district. The site currently includes existing residential structures and surface parking, providing immediate utility and flexibility while a buyer evaluates long-term plans. Surrounded by ongoing investment and redevelopment throughout Bayside, the property sits in an area well positioned for future growth. With its scale, configuration, and walkable downtown location, the highest and best use of this assemblage is a mixed-use or commercial development, subject to buyer due diligence and city approvals. The parcels offer strong potential for increased density, modern infill construction, and a project that aligns with the neighborhood's continued transformation. This is an exceptional opportunity for developers or investors seeking a strategically located footprint in one of Portland's most active growth corridors.
This rare four-parcel, .262-acre assemblage at the corner of Oxford and Cedar Street offers a unique opportunity in Portland's rapidly evolving Bayside district. The site currently includes existing residential structures and surface parking, providing immediate utility and flexibility while a buyer evaluates long-term plans. Surrounded by ongoing investment and redevelopment throughout Bayside, the property sits in an area well positioned for future growth. With its scale, configuration, and walkable downtown location, the highest and best use of this assemblage is a mixed-use or commercial development, subject to buyer due diligence and city approvals. The parcels offer strong potential for increased density, modern infill construction, and a project that aligns with the neighborhood's continued transformation. This is an exceptional opportunity for developers or investors seeking a strategically located footprint in one of Portland's most active growth corridors.
This rare four-parcel, .262-acre assemblage at the corner of Oxford and Cedar Street offers a unique opportunity in Portland's rapidly evolving Bayside district. The site currently includes existing residential structures and surface parking, providing immediate utility and flexibility while a buyer evaluates long-term plans. Surrounded by ongoing investment and redevelopment throughout Bayside, the property sits in an area well positioned for future growth. With its scale, configuration, and walkable downtown location, the highest and best use of this assemblage is a mixed-use or commercial development, subject to buyer due diligence and city approvals. The parcels offer strong potential for increased density, modern infill construction, and a project that aligns with the neighborhood's continued transformation. This is an exceptional opportunity for developers or investors seeking a strategically located footprint in one of Portland's most active growth corridors.
2,786± SF OFFICE CONDO Malone Commercial Brokers is pleased to present this highly visible office condominium with an opportunity for prominent signage on busy Ocean Avenue •Perfectly configured for a small/medium office user •On-site free parking, an excellent amenity for owners, employees and guests •Adjacent to the corner of Ocean/Washington, the condo enjoys easy access to Falmouth, downtown Portland, I-295 and North Deering, all while being walking distance to Payson Park, Back Cove and Monte's Pizza!
This rare four-parcel, .262-acre assemblage at the corner of Oxford and Cedar Street offers a unique opportunity in Portland's rapidly evolving Bayside district. The site currently includes existing residential structures and surface parking, providing immediate utility and flexibility while a buyer evaluates long-term plans. Surrounded by ongoing investment and redevelopment throughout Bayside, the property sits in an area well positioned for future growth. With its scale, configuration, and walkable downtown location, the highest and best use of this assemblage is a mixed-use or commercial development, subject to buyer due diligence and city approvals. The parcels offer strong potential for increased density, modern infill construction, and a project that aligns with the neighborhood's continued transformation. This is an exceptional opportunity for developers or investors seeking a strategically located footprint in one of Portland's most active growth corridors.
We are pleased to present Unit #2 at 21 Chestnut Street, Portland, a stabilized investment opportunity featuring a long-standing neighborhood retailer. The property is offered at a 10% capitalization rate based on first-year rental income and is secured by a newly executed seven-year lease. Peace Food Market has successfully operated at this location since 2009, demonstrating consistent performance and strong ties to the surrounding community. This offering provides investors with an established tenant and long-term income stability in a desirable Portland location.
The Navis Cafe is purpose-built to capture consistent daytime demand from Portland's growing waterfront tourism and office district, with a high-density residential base. This prime location benefits from Portland's year-round visitor traffic and in-town ''to-go'' culture. Strategically positioned within WEX's global headquarters building, the Navis Café is an established, upscale, turn-key restaurant with 1,456 SF of well-equipped leased space that has been recently renewed for 5 years with a competitive lease rate. WEX's modern waterfront office hub provides built-in daily exposure to 500 employees and nearby professional services. Nearby demand drivers include: -Live at Madrid's, a newly opened, 800+ seat concert venue and event space attracts sold-out national acts and increases year-round local foot traffic. This creates increased revenue opportunities with extended operating hours on show nights to capture pre-/post-event food & beverage through strategic venue partnerships and cross-promotion. -Navis Café sits adjacent to the $1 Billion-dollar mixed-use waterfront development project coming to the Portland Foreside. Other current waterfront office buildings include Sun Life (approximately 77,000 SF), further strengthening weekday foot traffic and reinforcing the area's momentum as Portland's premier live/work/play waterfront district.
18 Veranda Street is a 792 SF freestanding retail building currently operated as an ice cream stand. Strong live-work play dynamics with restaurant, residential, and retail users clustered together in a walkable, commuter friendly location near the future entrance of The Roux Institute at Northeastern University Excellent exposure to commuter, neighborhood, and destination traffic via the I-295 Veranda Street interchange and high-traffic Washington Avenue corridor (26,150± ADT). Flexible exit strategy: hold as an income-producing portfolio (with 14 Veranda St), reposition either building for owner-occupancy, or sell individually over time.
14 Veranda Street consists of a 4,637± SF mixed-use building with ground-floor restaurant space and a newly remodeled second floor two-bedroom residential apartment. Strong live-work play dynamics with restaurant, residential, and retail users clustered together in a walkable, commuter friendly location near the future entrance of The Roux Institute at Northeastern University Excellent exposure to commuter, neighborhood, and destination traffic via the I-295 Veranda Street interchange and high-traffic Washington Avenue corridor (26,150± ADT). Flexible exit strategy: hold as an income-producing portfolio (with 18 Veranda St), reposition either building for owner-occupancy, or sell individually over time.
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.
Two-story, 3,360 sf wood-frame building w/ brick facade on the front and sides, vinyl in the rear. This spacious building offers 5 offices, 2-full baths and 2-1/2 baths, a huge parking lot that could fit 21+ vehicles. This is an opportunity to be on a lovely location on busy Forest Ave w/ high visibility and directly across from the 29 acre Baxter Park with walking trails. Direct entrance from Forest Ave, whereby anyone can park 24hrs a day on both sides of the street and/or access from the rear of the building from the huge paved parking lot. There is a brand new under ground sprinkler system for the lawn. Owner prefers to Lease the building!
Six unit investment property consisting of one commercial (restaurant) unit and five residential units 100% occupied Eight (8) space parking lot included Commercial unit recently renovated Property has recently undergone several capital improvement projects Value-add opportunity - see broker for details
INVESTORS TAKE NOTICE: 1 retail and 8 residential units (9 units total) in a prime Portland 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 one street-level retail unit, perfect for businesses seeking prime visibility, and eight residential units on the second floor, providing modern living spaces with 1 to 3 bedrooms.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. The full finished basement, equipped with a loading dock, adds versatility for potential expansion, storage, or logistical convenience for the retail unit.
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.


Portland is located in Maine. Portland, Maine has a population of 68,063. Portland is less family-centric than the surrounding county with 28.1% of the households containing married families with children. The county average for households married with children is 30.7%.
The median household income in Portland, Maine is $66,109. The median household income for the surrounding county is $80,679 compared to the national median of $69,021. The median age of people living in Portland is 36.9 years.
The average high temperature in July is 78.8 degrees, with an average low temperature in January of 10.8 degrees. The average rainfall is approximately 48.9 inches per year, with 61 inches of snow per year.