484 Forest Avenue, Portland, ME 04101

$1,095,000

Property Type: Commercial Square Footage: 1,064 Lot Size (sq. ft.): 6,970 Status: Active

Current Price: $1,095,000 List Date: 7/29/2026 Last Modified: 7/31/2026

Overview

Description

Rare opportunity to acquire a four-way lighted corner lot with two entrance points on heavily travelled (20K+ AADT) Forest Avenue. It's been a gas station since 1942 and has been operating as Welch Service Station since the early 1970s. It's a local landmark and the last vestige of Portland's original 'Auto Mile' on Forest Avenue dating back to 1910. Highest and best adaptive reuses are modern cafes (e.g. coffee, smoothie and acai bowl), offices, or retail boutiques. It's a candidate for historical tax credits (up to 45%) given its age and architectural significance.

Listing Details MLS# 1673964

Location Information

Street #: 484
Street Name: Forest
Street Type: Avenue
County: Cumberland
Town: Portland
State/Province: ME
Zip Code: 04101
Zip +4: 1516
Leased Land: No
Book: 15085
Page: 310
Map: 116
Block: E
Lot: 3
Zoning: B2b
Full Tax Amount $: 5416
Tax Year: 2024
Tree Growth Y/N: No
Association Y/N: No

Contract Information

Original List Price: 1095000

Property Information

Primary Use: Retail
Surveyed: No
Deed/Conveyance Type Offered: Quit Claim w/Covenant
Deed: All
Deed Restrictions: Yes
Year Built: 1942
Tenancy: Single Tenant
Leases: No
Total # Floors: Yes
SqFt Finished Total: 1064
Lot Size Acres +/-: 0.16
Road Frontage +/-: 175

Commercial Bldg Information

Ceiling Height +/-: 14
Retail SqFt: 1064

Water Info

Waterfront: No
Water View: No

Utilities

Utilities On: Yes

More Information

Property Features

Location: Bus Line; Business District; Near Turnpike/Interstate Construction: Masonry Property Uses: Freestanding Building; Gas Station; Retail; Special Purpose; Vehicle Related Basement: None; Slab Foundation Materials: Slab Exterior: Brick Roof: Flat; Membrane Heat System: Forced Air Heat Fuel: Gas Natural Cooling: None Floors: Concrete Building Features: Overhead Doors Parking: 11 - 20 Spaces; On Site; Paved Electric: Circuit Breakers Gas: Natural - On Site Sewer: Public Sewer Water: Public

Documents

Prospectus - July 29 ›

Disclosure - July 28 ›

Land use ›

Assessor ›

Source Deed - 1999 ›

Listing Office: EXP Realty

Last Updated: July - 31 - 2026

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