This stately mixed 3 unit sits at the gateway to Portland and at the doorstep of its renascence. It is no secret that this location will be home to the next boom. Savvy investors know to 'get-in' on the ground floor long before an area like this really take off. 65-67 Portland Street is packed with potential and steeped in a rich past. For 30 years it has been home to one of Maine's most iconic restaurants - Back Bay Grill. More recently the current owners have preserved and updated the entire building. They have honored the historic past while bringing all systems and surfaces up to modern standards. Restaurant is on the ground level with generous bar, full kitchen, spacious dining area, lovely tin ceilings, 2 baths and more. The upper levels house two, 3 bedroom condo-ready apartments with generous floor plans, abundant light and views of Back Cove and beyond. Parking for 4+ and great Air-B & B numbers. Buy & begin your dream.
Multi-familyProperty Type
1900Year Built
0.8 acresLot Size
$254Est. Price/Sq.Ft.
1 spaceParking
Listed by Thomas {Tom} Landry• Benchmark Real Estate
Bought with Thomas {Tom} Landry• Benchmark Real Estate
Bought with Kaitlyn Roderigue• Benchmark Real Estate
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Beds
4
Baths
2
Stories
1
Lot width
—
Lot depth
—
Lot size
—
Year renovated
—
Sq. Ft.
1,690
Year built
1900
Style
Condo/Co-op
County
Cumberland County
APN
112525
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on May 22, 2026.
B2B
Community Business District
To provide neighborhood and community retail, business and service establishments that are oriented to and built close to the street. The B-2b zone is suitable in areas where a more compact urban development pattern exists or where a neighborhood-compatible commercial district is established which exhibits a pedestrian scale and character. Such locations may include the peninsula and other arterials and intersections with an existing urban or neighborhood-oriented building pattern. The B-2b zone encourages mixed-use development, and provides locations for moderate to high-density housing in urban neighborhoods along arterials.
Permitted uses
Include but are not limited to:
Day care facility
General retail
Restaurant
Housing-Multiple units
Housing-Senior
Industrial
Mixed use
Office
Public service
Park & open space
Property details
Parking
Parking Information
Parking Features: 1 - 4 Spaces, Paved, On Site, Off Street
Lot Features: Well Landscaped, Open, Corner Lot, Level, Sidewalks, Intown, Near Golf Course, Near Public Beach, Near Shopping, Near Turnpike/Interstate, Near Town, Near Public Transit, Near Railroad
Road Surface Type: Paved
Zoning: B2B
Waterfront Information
Water Body Name: Back Cove
Water Body Type: Cove
Water View: Yes
Subdivision Information
Subdivision Name: West Bayside
Financial
Tax Information
Annual Tax Amount: $17,196
Tax Year: 2019
Utilities
Utility Information
Has Heating
Heating: Zoned, Hot Water, Heat Pump, Forced Air, Baseboard
Has Cooling
Cooling: Wall/Window Unit(s), Heat Pump, Central Air
Electric: Circuit Breakers
Sewer: Public Sewer
Utilities: Utilities On
Utilities On: Yes
Water Source: Public
Water Heater: Off Heating System
Location
Multi-Unit Information
# of Units Total: 3
# of 3 Bedroom Units: 1
# of 4 Bedroom Units: 2
Operating Expense: $25,503
Gross Income: $96,000
Unit 1 Information
# of Bedrooms: 4
Actual Rent: $2,400
Dedicated Gas Meter: Yes
Dedicated Water Heater: No
Electric: No
Level: Second
Refrigerator: Yes
Sewer: Yes
Water: Yes
Unit 2 Information
Actual Rent: $3,100
Dedicated Gas Meter: Yes
Dedicated Water Heater: No
Electric: No
Level: First
Refrigerator: Yes
Sewer: Yes
Water: Yes
Unit 3 Information
# of Bedrooms: 4
Actual Rent: $2,500
Dedicated Gas Meter: Yes
Dedicated Water Heater: No
Electric: No
Level: Second
Refrigerator: Yes
Sewer: Yes
Water: Yes
HOA Information
Has Association
Association Fee: $975
Association Fee Frequency: Monthly
Location Information
Unparsed Address: 65-67 Portland Street, Portland, ME 04101
Directions: Forest Ave to Portland St (near Deering Oaks Park / Bay Side)
Public facts
Beds: 4
Baths: 2.0
Sq. Ft.: 1,690
Stories: 1.0
Lot Size: —
Style: Condo/Co-op
Year Built: 1900
Year Renovated: —
County: Cumberland County
APN: 112525
Home facts updated by county records on May 22, 2026
Around this home
Schools
Howard C Reiche Community School
Public PreK-5 • Assigned • 0.6mi
3/10
Deering High School
Public 9-12 • Assigned • 1.8mi
2/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
5/10 Heat Factor
7 days above 87° expected this year, 19 days in 30 years
6/10 Wind Factor
65% chance of strong winds in next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 1 days in 30 years
Provided by First Street
Historical weather
Portland, ME • 04101
Average low and high temperatures (°F)
31
18
33
18
44
30
52
39
63
49
74
58
79
64
77
60
71
56
61
46
50
36
36
22
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 8.5 hours in
June and 4.3 hours in December, placing it below the
U.S. average for solar exposure.
8.5 hrs
4.3 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$1.48M – $1.79M
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