Great Development Opportunity! Rare chance to acquire or lease an iconic commercial property in one of Portland's most visible and highly traveled locations. Situated at 677 Forest Avenue, this prominent brick building sits on a valuable site with exceptional frontage, outstanding visibility, and an abundance of on-site parking. Currently occupied by the well-known PJ Merrill Seafood retail store, a Portland institution for decades, the property benefits from a grandfathered seafood retail use. The site also offers significant redevelopment potential, making it an attractive opportunity for developers, investors, owner-users, and entrepreneurs seeking a strategic location along one of the city's major commercial corridors. With strong traffic counts, excellent accessibility, and flexible future possibilities, this property presents a unique opportunity to capitalize on Portland's continued growth and demand for commercial space. Available for sale or lease. Real estate only is included in the offering. The business is not included in the sale; however, acquisition of the business may be available separately to qualified buyers. Whether your vision is redevelopment, investment, or continued commercial use, this landmark Forest Avenue property offers exceptional potential in a prime Portland location.