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$1,149,000 Just Listed
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Property Description
Hard-to-find property featuring industrial zoning with broad potential applications. This property would also serve as an excellent development site for either commercial or residential. This well maintained single-family home includes a detached commercial garage with a large finished upper-level space complete with multiple bedrooms and bathrooms, a kitchen and open living room. This space is currently not permitted as a legal unit. Conveniently located just minutes from I-295, offering easy access for commuters, contractors or business owners alike. Relocate or establish your business here or bring your vision to this site!
Full Property Details
Full Property Details for 1041 Ocean Ave
General
- Price: $1,149,000
- Taxes: $7,522 (2025)
- Status: Active
- Type: Industrial
- Source: MREIS
- MLS ID: 1661524
- Updated: 5/11/2026
- Added to Site: 1 day(s) ago
Business
- Business Type: Auto Service
Interior
- Flooring: Bamboo, Tile
Parking
- Parking Features: 11 - 20 Spaces, On-Site Parking, Paved
Location
- County: Cumberland
Heating & Cooling
- Cooling Type: None
- Heating Type: Oil, Propane, Baseboard, Hot Water
Utilities
- Sewer: Private Sewer
- Water: Public
Structural Information
- Construction: Wood Frame, Vinyl Siding
- Roof: Shingle
- Stories/Levels: 0
- Building Size: 1038
- Square Feet: 1,038
- Living Area: 1,038 Sq. Ft.
- Year Built: 1938
Lot Features
- Lot Size (Acres): 0.54
- Lot Size (Sq. Ft.): 23,522.4
- Zoning: I-M
- Lot Description: Other Location
Financial Considerations
- Tax Amount: $7,522
- Tax Year: 2025
Disclosures and Reports
- Block: 2
- Lot Number: 1
Listed by Greater Portland Realty (207) 797-7777
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Schools
Schools serving 1041 Ocean Ave
School District:Portland
| Name | Grades | Distance |
|---|---|---|
Presumpscot School 69 Presumpscot Street, Portland, ME 04103 | K-5 | 1.1 mi |
Howard C Reiche Community School 166 Brackett Street, Portland, ME 04102 | K-5 | 3.5 mi |
Lyman Moore Middle School 171 Auburn Street, Portland, ME 04103 | 6-8 | 1.5 mi |
Casco Bay High School 196 Allen Avenue, Portland, ME 04103 | 9-12 | 1.7 mi |
Deering High School 370 Stevens Avenue, Portland, ME 04103 | 9-12 | 2.7 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1041 Ocean Ave
Date
Details
Price
Change
Source
5/11/2026
Listed
$1,149,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1041 Ocean Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$7,522
52%
$627,900
90%
2024
$4,962
4%
$330,600
—
2023
$4,764
6%
$330,600
—
2022
$4,499
5%
$330,600
—
2021
$4,294
-13%
$330,600
56%
2020
$4,956
—
$212,600
—
2019
$4,956
4%
$212,600
—
2018
$4,779
4%
$212,600
—
2017
$4,603
3%
$212,600
—
2016
$4,488
2%
$212,600
—
2015
$4,386
3%
$212,600
—
2014
$4,252
3%
$212,600
—
2013
$4,127
—
$212,600
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1041 Ocean Ave
1041 Ocean Avenue, Portland, ME 04103 (MLS# 1661524) is a Industrial property. 1041 Ocean Avenue is currently listed for $1,149,000 and was received on May 11, 2026. Want to learn more about 1041 Ocean Avenue? Do you have questions about finding other Industrial real estate for sale in Portland? You can browse all Portland real estate or contact a Coldwell Banker agent to request more information.

