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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. GROUP SHOWINGS: Tuesday 7/28, 1:30 - 2:30 and Thursday 7/30, 1:30 - 2:30
Property Type(s):
Multi Family
| Last Updated | 7/24/2026 | Year Built | 1900 |
|---|---|---|---|
| County | Cumberland |
Additional Details
| AIR | None |
|---|---|
| APPLIANCES | Water Heater |
| BASEMENT | Full, Interior Entry, Unfinished, Yes |
| CONSTRUCTION | Frame, Vinyl Siding |
| LOT | 4792 sq ft |
| LOT DESCRIPTION | Landscaped, Level, Open Lot |
| LOT DIMENSIONS | 0.11 |
| MLS STATUS | Active |
| PARKING | Paved, On Site, Off Street |
| SEWER | Public Sewer |
| STORIES | 3 |
| STYLE | Other |
| TAXES | 7223 |
| UTILITIES | Natural Gas Available |
| WATER | Public |
Listing provided by Portside Real Estate Group
Listing data is derived in whole or in part from the Maine IDX & is for consumers'' personal, non-commercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.© 2026 Maine Real Estate Information System, Inc. All Rights Reserved. 
Additional school data provided by Onboard Informatics © 2026 Onboard Informatics. Information deemed reliable but not guaranteed.
Mortgage Calculator provided by Diverse Solutions © 2026
IDX data provided by Market Leader, courtesy of Maine Listings.
This IDX solution is (c) Diverse Solutions 2026.
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