$1,095,000
( $1029.14Per Sq Foot )
 $5,878 est/mo Sourced by Back At You

484 Forest Avenue,Portland, ME 04101

Portland, ME 04101

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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.

Details

MLS #1673964
Listing TypeFor Sale
StyleRetail
Sub-TypeResale
StatusActive
Year1942
Days On Site56
Listing Provided ByEXP Realty | Michael Rogers

Features

SQ Feet1,064
Story(s)1
ZoningB2b
Acreage0.16

Interior

Heating Yes / NoYes
Cooling Yes / NoNo
CoolingNone
Building FeaturesOverhead Doors

Exterior

RoofFlat, Membrane
Foundation DetailsSlab
Lot FeaturesBus Line, Business District, Near Turnpike/Interstate
Construction MaterialsMasonry, Brick

Parking

Parking Features11 - 20 Spaces, On Site, Paved

Utilities

SewerPublic Sewer
ElectricCircuit Breakers

Taxes

Tax Annual Amount5416
Tax Book Number15085
Tax Year2024
Tax BlockE
Tax Lot3
Tax Map Number116

Area Information

StateME
CountyCumberland
CityPortland
Zip Code04101
AreaCumberland
Listing VS Median (in 04101)
Price:
$1,095,000
low | high
Med:
$850,000
72.374429223744% of Average
sqft:
1,064
low | high
Med:
1,115
45.206766917293% of Average
$ / sqft:
$1,029
low | high
Med:
$762
75.925015869116% of Average
On site:
56
low | high
Med:
168
33.333333333333% of Average
Sourced by Back At You

Market Activity 04101

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Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. © 2026 Maine Real Estate Information System, Inc. All Rights Reserved.

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Learn More About This Property

StateME
CountyCumberland
CityPortland
Zip Code04101
AreaCumberland
Listing VS Median (in 04101)
Price:
$1,095,000
low | high
Med:
$850,000
72.374429223744% of Average
sqft:
1,064
low | high
Med:
1,115
45.206766917293% of Average
$ / sqft:
$1,029
low | high
Med:
$762
75.925015869116% of Average
On site:
56
low | high
Med:
168
33.333333333333% of Average
Sourced by Back At You
Listing Updated: July 31, 2026 at 2:53:28 PM PDT
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