Prime Commercial Opportunity with Additional Multifamily Building & Ample Parking! Discover a versatile commercial property offering two buildings, multiple income possibilities, and a huge paved parking lot—all situated on one completely fenced-in lot. The 1999 commercial building features durable metal siding, metal roofing, and block-face construction, along with two separate 1st floor level of storefront/retail space, providing flexibility for a variety of business uses. A one-car attached garage adds valuable storage or workspace, while the expansive paved lot offers plenty of parking for customers, employees, tenants, or multiple businesses. Also included is a detached three-unit building constructed in 1980, featuring vinyl siding, vinyl trim, and gutters. The building consists of a three-bedroom, two-bath main residence, a one-bedroom first-floor apartment, and a two-bedroom second-floor apartment, along with a one-car garage. This additional building offers excellent potential for rental income, owner occupancy, office space, or future redevelopment opportunities. Both buildings are being sold together, as-is, and as one parcel. The three-unit building will require interior work, providing an opportunity for a new owner to renovate and customize the space to meet their needs. The entire property is completely fenced, providing added security and clearly defined boundaries. With substantial paved parking, multiple commercial spaces, an attached garage, a separate multifamily building, and numerous potential uses, this is an opportunity worth exploring. Commercial, investment, owner-user, and redevelopment potential all in one property!
Pending
$2,000,000
829 Forest Avenue, Portland, ME 04103
6beds
2,076sqft
Multi Family
Built in 1980
-- sqft lot
$-- Zestimate®
$963/sqft
$-- HOA
What's special
One-car garageBlock-face constructionMultiple commercial spacesThree-bedroom two-bath main residenceOne-bedroom first-floor apartmentTwo-bedroom second-floor apartmentMetal roofing
- 32 days
- 90
- 7
Zillow last checked:
Listing updated:
Listed by:
Better Homes & Gardens Real Estate/The Masiello Group
Source: Maine Listings,MLS#: 1678820
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Direct Vent Furnace
Cooling
- None
Features
- 1st Floor Bedroom, Storage
- Flooring: Carpet, Laminate, Ceramic Tile
- Basement: Bulkhead,Dirt Floor,Partial,Unfinished,Brick/Mortar
- Has fireplace: No
Interior area
- Total structure area: 2,076
- Total interior livable area: 2,076 sqft
- Finished area above ground: 2,076
- Finished area below ground: 0
Video & virtual tour
Property
Parking
- Total spaces: 1
- Parking features: Paved, 11 - 20 Spaces, On Site
- Attached garage spaces: 1
Features
- Stories: 2
- Patio & porch: Deck
- Has view: Yes
- View description: Trees/Woods
Lot
- Size: 0.54 Acres
- Features: City Lot, Near Shopping, Near Railroad, Level, Open Lot, Sidewalks
Details
- Additional structures: Shed(s)
- Parcel number: PTLDM137BC007001
- Zoning: B-2B
- Other equipment: Internet Access Available
Construction
Type & style
- Home type: MultiFamily
- Architectural style: New Englander
- Property subtype: Multi Family
Materials
- Wood Frame, Metal Clad, Vinyl Siding
- Foundation: Granite, Poured Concrete, Slab, Brick/Mortar
- Roof: Metal,Pitched,Shingle
Condition
- Year built: 1980
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Public Sewer
- Water: Public
Community & HOA
Location
- Region: Portland
Financial & listing details
- Price per square foot: $963/sqft
- Tax assessed value: $474,300
- Annual tax amount: $15,479
- Date on market: 9/2/2026
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 9/26/2026 | Pending sale | $2,000,000$963/sqft |
Source: | ||
| 9/2/2026 | Listed for sale | $2,000,000$963/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $6,835 | $474,300 |
| 2023 | $6,835 +5.9% | $474,300 |
| 2022 | $6,455 -0.6% | $474,300 +70.3% |
| 2020 | $6,492 | $278,500 |
| 2019 | $6,492 +3.7% | $278,500 |
| 2018 | $6,261 +3.8% | $278,500 |
| 2017 | $6,030 +2.6% | $278,500 |
| 2016 | $5,879 +2.3% | $278,500 |
| 2015 | $5,745 +3.1% | $278,500 |
| 2014 | $5,570 +3% | $278,500 |
| 2013 | $5,406 +3.1% | $278,500 |
| 2012 | $5,241 +6.8% | $278,500 +3.7% |
| 2011 | $4,908 -0.7% | $268,500 -3.6% |
| 2009 | $4,941 | $278,500 |
| 2008 | $4,941 +8.8% | $278,500 |
| 2006 | $4,542 | $278,500 |
Find assessor info on the county website
Monthly payment
Est. payment





