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About This Home

This 0-bedroom, 0-bathroom commercial at 777 Forest Avenue in Portland, ME is listed for $875,000 ($222 per sqft). Built in 1930, the home offers 3,948 sqft of living space on a 0.14 acres lot.

Agent 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.

Key Features

  • Built in 1930
  • 0.14 acre lot

Property Details

1930

Amenities

A/C

Monthly Cost Estimate

$4,680/mo

20% down · 6.5% · 30 years

Principal$633
Interest$3,792
Insurance$255

Estimates only. Actual payments may vary.

Location

777 Forest Avenue

Portland, ME 04103

Property Details

Flooring

Vinyl

Heating

Natural Gas

Cooling

Central Air

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 777 Forest Avenue is listed at $875,000 ($222/sqft). The estimated monthly payment is $3,792 based on 20% down at 6.5% interest.

Key features include: Built in 1930, 0.14 acre lot.

This property is listed by Hoang Nguyen and can be reached at 2074508124 or hoang@fobailey.com.

HN

Hoang Nguyen

Agent at F.O. Bailey Real Estate

(207) 450-8124

Listed by F.O. Bailey Real Estate

MLS# 1655962· Source: listhub· Updated today

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777 Forest Avenue, Portland, ME 04103

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