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Ad #8026030
MLS #1667022
Listing photo

Great Development Opportunity! Rare chance to acquire or lease

677 Forest Ave, Portland, Maine, 04103
$1,495,000
--Beds
--Baths
4,922Sqft
0.280Acres

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
0.280 Acres
Siding: Brick, Wood Siding
Membrane Roof
$8,203 / yr property tax
Cumberland County

Additional Photos

Additional listing photo 1

Contact Information

David Jones

F.O. Bailey Real Estate

207-650-3455

Location

Map
BeachHouse.com
Printed Jul 24, 2026

Photo Gallery

Great Development Opportunity! Rare chance to acquire or lease - photo 1
Great Development Opportunity! Rare chance to acquire or lease - photo 2

$1,495,000

--
Beds
--
Baths
4,922
Sqft

677 Forest Ave, Portland, Maine, 04103

By contacting this agent you agree to these Terms and Conditions.
Home Maine Portland
Great Development Opportunity! Rare chance to acquire or lease - photo 1
Great Development Opportunity! Rare chance to acquire or lease - photo 2
MLS# 1667022
Commercial For Sale

Great Development Opportunity! Rare chance to acquire or lease

$1,495,000

677 Forest Ave, Portland, Maine, 04103

--
Beds
--
Baths
4,922
Sqft
0.280
Acres
$1,495,000
677 Forest Ave, Portland, Maine, 04103
-- Beds
-- Baths
4,922 Sqft
0.280 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.
42 days
on BeachHouse.com
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Contact Information

Buyer's Agent

Dan McGowan
Maine Real Estate Experts
207-749-1803
Please say you found it on BeachHouse.com!

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
0.280 Acres

EXTERIOR

Siding: Brick, Wood Siding
Membrane Roof

FINANCIAL & COMMUNITY

$8,203 / yr property tax
Cumberland County
See More Details

Location

Map
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Ad Statistics

Ad Number
8026030
Viewed
26 times
Listing Status
Active
Added
Jun 12, 2026
Last Refresh
Jul 24, 2026 04:01:17 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.

Request Information

By proceeding, you authorize Dream Home Network Inc., its service providers (including real estate professionals such as Brokers, Listing Agents, Buyers Agents, and local referral partners), its affiliates, and other real estate professionals that may not be associated with Dream Home Network, to contact you using the contact details you provided, via email, phone call, and text (SMS), including using automated dialing technology and prerecorded and artificial voice, for marketing or advertising purposes, including contacting you about your inquiry and other home-related matters. You understand that your consent to the foregoing is not a condition of any purchase. Message and data rates may apply. This consent applies even if you are on a corporate, state or national Do Not Call list. Dream Home Network Inc. may share information about your recent and future site activity with its affiliates and service providers (including real estate professionals such as Brokers, Listing Agents, Buyers Agents, and local referral partners) to help them better understand what you are looking for in a property. To opt-out at any time you can reply "STOP" or contact Dream Home Network Inc. at csv@dreamhomenetwork.com.

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Dan McGowan
Dan McGowan
Helping clients buy & sell waterfront property. Looking to buy or sell? Give me a call !! 207-749-1803 or email: dansells207maine@gmail.com

About Portland

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Dream Home Network Inc. Sells leads to DHN Realty Inc. who holds real estate brokerage licenses in Alabama. Listing agents will be sent notification copy of leads on their listings where Dream Home Network Inc. is provided listings via our Feed Provider as required.

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