Ad #8026030
MLS #1667022
Great Development Opportunity! Rare chance to acquire or lease
677 Forest Ave, Portland, ME 04103
$1,495,000
--Beds
--Baths
4,922Sqft
0.28Acres
About this property
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.
Property Features
0 Beds
0 Baths
4,922 Sqft
Built in 1938
0.28 Acres
Siding: Brick, Wood Siding
Membrane Roof
$8,203 / yr property tax
Cumberland County
Additional Photos
Contact Information
David Jones
F.O. Bailey Real Estate
207-650-3455
Location
BeachHouse.com
Printed Aug 12, 2026
Photo Gallery
$1,495,000
--
Beds
--
Baths
4,922
Sqft
677 Forest Ave, Portland, ME 04103
By contacting this agent you agree to these Terms and Conditions.
MLS# 1667022
Great Development Opportunity! Rare chance to acquire or lease
$1,495,000
677 Forest Ave, Portland, ME 04103
--
Beds
--
Baths
4,922
Sqft
0.28
Acres
$1,495,000
677 Forest Ave, Portland, ME 04103
-- Beds
-- Baths
4,922 Sqft
0.28 Acres
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.
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Listing Agent
David Jones
F.O. Bailey Real Estate
Listing Agent: David Jones 207-650-3455. Broker: F.O. Bailey Real Estate 207-781-1111 Listing Site. Copyright © 2026 Maine Listings. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Property Details
HOME DETAILS
0 Beds
0 Baths
4,922 Sqft
Built in 1938
0.28 Acres
EXTERIOR
Siding: Brick, Wood Siding
Membrane Roof
FINANCIAL & COMMUNITY
$8,203 / yr property tax
Cumberland County
See More Details
Location
Mortgage Calculator
Ad Statistics
Ad Number
8026030
Viewed
43 times
Listing Status
Active
Added
Jun 12, 2026
Last Refreshed
Jul 03, 2026 06:17:28 PM
Listing Information
Data Source
Maine Listings
Source Property ID
1667022
All information provided is deemed reliable but is not guaranteed and should be independently verified.
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