135 Ocean Street -- Prime investment in Knightville. This well-maintained mixed-use building on one of South Portland's most sought-after blocks presents a rare opportunity for stable income and long-term growth. The property includes two residential units and a first-floor commercial space, all currently occupied by long-term tenants. The commercial tenant operates a medical cannabis business and has been in place for seven years, providing a dependable anchor for the building. Located in the heart of the neighborhood's activity and close to transit, shops and services, this property is an attractive option for an investor seeking steady cash flow and future upside.

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Tax Information

Parcel Number SPOR-000015-000000-000004
Taxes$7,223

Building

BasementFull, Unfinished
Commercial Bldg Information Retail Sq Ft 864
Commercial Bldg Information Traffic Count 1,881
Commercial Bldgnformation Maximum Floor Capacity 1
Flooring Tile, Wood
Stories3
Year Built1900

Amenities

Other AmenitiesBasement

Other

Date Listed07/25/2026

Parking

Parking Features 5 - 10 Spaces, On Site, Paved, Off Street

Location

Address135 Ocean Street
Building Number135
CountyCumberland
StateME
StreetOcean Street
TownSouth Portland
Zip04106

Utilities

Electric Circuit Breakers
Heat SystemGas Natural, Direct Vent Heater
Heating YN Yes
Waste Water DisposalPublic Sewer

Legal

ZoningVC

Basic Information

List Price$775,000
MLS Number1673464
Property SubTypeMixed Use
Property TypeCommercial Sale
StatusACT

Property

Business TypeRetail

Exterior

RoofFlat, Membrane

Property Information

Acreage0.11
Lot Features Business District, Near Shopping
Square Feet2,583

Water Body

Water AccessPublic

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135 Ocean StreetSouth Portland, ME 04106MLS Number 1673464

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