OFF MARKET

Off Market Jan 2025 for $600K

—

•

3,852

sq ft

94 Portland St, Portland, ME 04101

About this home

Opportunity awaits! Located at the center of the peninsula and in Portland emerging Bayside neighborhood this commercial/mixed use investment provides income and opportunity. The main level is leased @ $3,300pm modified gross (tenants pay heat, ac, hot water and electric) and this space is lovely. The upper 2.5 levels have been gutted and await your imagination and finish. The current owners have plans for 5 residential apartments but the options are many. With ReCode this site is slated to become a B2B zone and even more desirable. The bones are good - the location fantastic - the opportunity apparent. Shown by appointment Monday through Friday 10Am to 4PM with advanced notice.

Multi-familyProperty Type

1925Year Built

1,306 sq ftLot Size

$156Price/Sq.Ft.

Listed by Thomas {Tom} Landry • Benchmark Real Estate

Bought with Jessie L'Heureux Herod • Keller Williams Realty

Redfin checked: 4 minutes ago

•Source:MREIS #1592426

Redfin Estimate

There isn’t enough information to generate an accurate estimate at this time. Learn More

Market trends in 04101, ME

Last updated August 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price

97.9%

0.5% MoM

Median sale price

$725K

$26K MoM

Avg. days on market

37d

9 days MoM

Recently sold homes

1 MoM

New listings for sale

NEW 5 HRS AGO
$595,000
2 beds1 bath920 sq ft
80 Vesper St #2, Portland, ME 04101
NEW 26 HRS AGO
$995,000
2 beds2 baths1,069 sq ft
58 Cumberland Ave #4, Portland, ME 04101
NEW 27 HRS AGO
$875,000
2 beds2 baths1,001 sq ft
58 Cumberland Ave #1, Portland, ME 04101
NEW 34 HRS AGO
$399,000
1 bed1 bath565 sq ft
10 Exchange St #307, Portland, ME 04101
NEW 1 DAY AGO
$1,195,000
2 beds2 baths1,275 sq ft
126 North St Unit 3D, Portland, ME 04101
$1,275,000
3 beds2 baths1,485 sq ft
58 Cumberland Ave #5, Portland, ME 04101
$595,000
2 beds2 baths1,730 sq ft
45 Eastern Promenade Unit 8F & 8G, Portland, ME 04101
$1,172,000
5 beds3 baths2,557 sq ft
12 North St, Portland, ME 04101
$785,000
2 beds2 baths1,341 sq ft
61 Montreal St #3, Portland, ME 04101
$789,000
7 beds3 baths3,030 sq ft
124 Sherman St, Portland, ME 04101
See all

Provided by Redfin

Sale history for 94 Portland St

Public record

Public record
Zoning
Permits

Beds

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Baths

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Stories

—

Lot width

—

Lot depth

—

Lot size

—

Year renovated

—

Sq. Ft.

—

Year built

—

Style

Multi-Family (5+ Unit)

County

Cumberland County

APN

—

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

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Garage

—

Features

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Last updated by owner on Jun 6, 2024.

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: No Parking, No Driveway

Interior

Bathroom Information
# of Baths (Full): 4

Basement Information
Basement Entry: Interior, Brick/Mortar, Unfinished

Interior Features
Interior Features: Storage
Flooring: Wood, Vinyl
Other Equipment: Internet Access Available

Multi-Unit Information
# of Units Total: 5
# of 1 Bedroom Units: 5
Operating Expense: $12,400
Gross Income: $150,000

Unit 1 Information
# of Bedrooms: 1
Actual Rent: $2,500
Dedicated Gas Meter: No
Dedicated Water Heater: No
Electric: No
Level: Third
Refrigerator: No
Sewer: Yes
Water: Yes

Unit 2 Information
# of Bedrooms: 1
Actual Rent: $2,500
Dedicated Gas Meter: No
Dedicated Water Heater: No
Electric: No
Level: Second
Refrigerator: No
Sewer: Yes
Water: Yes

Unit 3 Information
# of Bedrooms: 1
Actual Rent: $3,300
Dedicated Gas Meter: Yes
Dedicated Water Heater: No
Electric: No
Level: First
Refrigerator: No
Sewer: Yes
Water: Yes

Unit 4 Information
# of Bedrooms: 1
Actual Rent: $2,500
Dedicated Gas Meter: No
Dedicated Water Heater: No
Electric: No
Level: Third
Refrigerator: No
Sewer: Yes
Water: Yes

Unit 5 Information
# of Bedrooms: 1
Actual Rent: $2,500
Dedicated Gas Meter: No
Dedicated Water Heater: No
Electric: No
Level: Second
Refrigerator: No
Sewer: Yes
Water: Yes

Exterior

Building Information
Construction Materials: Brick, Masonry
Foundation Details: Granite, Brick/Mortar
Roof: Pitched, Shingle
Total Building Area (Sq. Ft.): 3,852

Property Information
Year Built: 1925
Above-Grade Finished Area (Sq. Ft.): 3,852
Levels: Multi-Level

Lot Information
Lot Size (Sq. Ft.): $1,306.80
Lot Size (Acres): 0.03
Lot Size Source: Public Records
Lot Features: Other Location, Well Landscaped, Open, Corner Lot, Level, Sidewalks, Near Golf Course, Near Public Beach, Near Shopping, Near Turnpike/Interstate, Retail Strip, Near Public Transit, Near Railroad
Road Surface Type: Paved
Zoning: B2b

Waterfront Information
Water Body Name: Back Cove
Water Body Type: Bay, Cove, Ocean
Water View: Yes

Financial

Tax Information
Annual Tax Amount: $6,993
Tax Year: 2023

Utilities

Utility Information
Has Heating
Heating: Hot Water, Heat Pump, Baseboard
Has Cooling
Cooling: Heat Pump
Electric: Circuit Breakers
Sewer: Public Sewer
Utilities: Utilities On
Utilities On: Yes
Water Source: Public
Water Heater: Off Heating System

Location

Location Information
Unparsed Address: 94 Portland Street, Portland, ME 04101
Directions: Portland Street (across from Post Office)

Public facts

Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: —
Style: Multi-Family (5+ Unit)
Year Built: —
Year Renovated: —
County: Cumberland County
APN: —

Home facts updated by county records on Jun 6, 2024

Around this home

Schools

Howard C Reiche Community School

Public PreK-5 • Assigned • 0.5mi

3/10

Deering High School

Public 9-12 • Assigned • 1.8mi

2/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Historical weather

Portland, ME • 04101

Average low and high temperatures (°F)

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

Is this your home?

Track this home’s value and nearby sales activity

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New listings for sale in 04101

NEW 5 HRS AGO

$595,000

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80 Vesper St #2, Portland, ME 04101

NEW 26 HRS AGO

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2 beds2 baths1,069 sq ft

58 Cumberland Ave #4, Portland, ME 04101

NEW 27 HRS AGO

$875,000

2 beds2 baths1,001 sq ft

58 Cumberland Ave #1, Portland, ME 04101

NEW 34 HRS AGO

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1 bed1 bath565 sq ft

10 Exchange St #307, Portland, ME 04101

NEW 1 DAY AGO

$1,195,000

2 beds2 baths1,275 sq ft

126 North St Unit 3D, Portland, ME 04101

$1,275,000

3 beds2 baths1,485 sq ft

58 Cumberland Ave #5, Portland, ME 04101

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Home values near 94 Portland St

Data from public records.

Address	Redfin Estimate
87 Forest Avenue, Portland, ME 3 Beds \| 1.5 Baths \| 1402 Sq. Ft.	$578,365
92 Forest Avenue, Portland, ME 6 Beds \| 3 Baths \| 3185 Sq. Ft.	$793,699

Address	Redfin Estimate
90 Forest Avenue, Portland, ME 5 Beds \| 3 Baths \| 2069 Sq. Ft.	$685,594
102 Forest Avenue, Portland, ME 5 Beds \| 2 Baths \| 2502 Sq. Ft.	$715,290

Address	Redfin Estimate
40 Mechanic Street, Portland, ME 3 Beds \| 1 Baths \| 1414 Sq. Ft.	$458,463
36 Mechanic Street, Portland, ME 3 Beds \| 2 Baths \| 1334 Sq. Ft.	$662,330

Property information provided by MREIS when last listed in 2024. This data may not match . Learn more.

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