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Adam Dow

| The Dow Group | #1 Real Estate Team in New Hampshire

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777 Forest Ave , Portland, ME 04103
$875,000
Est. Payment: $4,514.62/mo
0 Bed
0 Bath
3948 Sqft
Status: active | Days on site: 91
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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House 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.

Highlights

Listed by Hoang Nguyen , 207-450-8124 F.O. Bailey Real Estate , 207-781-1111. Maine Real Estate Information System, Inc. mls logo

Property Type

Commercial Sale

Lot/Acreage
0.14

Year Built

1930

County

Cumberland

Listing ID

1655962

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:0
  • Full Bathrooms:
Air Cond:Central Air
Fireplaces:
Basement:Unfinished
Other:Public

Exterior Features

Lot:Public Transport Access,Near Turnpike/Interstate,Business District
Zoning:B2
Roof:Shingle
Sewer:Public Sewer
Parking Features:5 - 10 Spaces,Paved
Principal Interest
$4,515
Taxes
$659

Home Price

$875,000

Loan Details

30 yrs
6.695%

Down Payment

20%
$175,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$4,514.62

Principal

Taxes

Principal Taxes HOA Total
Monthly $4,514.62 $659.20 $0.00 $5,173.82
Yearly $54,175.49 $7,910.39 $0.00 $62,085.88
Total $1,625,264.81 $237,311.70 $0.00 $1,862,576.51

Today's Rates

30 Year

6.7%

20 Year

6.21%

15 Year

6.15%

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Market insight data is pulled from the same city as the listing being viewed (Portland, ME).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Listing data is derived in whole or in part from the Maine IDX & is for consumers personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. © 2026 Maine Real Estate Information System, Inc. All Rights Reserved.


IDX service by Blueroof 360

Data last updated: 2026-08-02T07:29:11.000Z

© 2026 Maine Real Estate Information System, Inc.

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