Prime property perfect for commercial/mixed use or owner occupied rental/home. Located in the heart of the Portland peninsula, this property has parking for 6 cars. Currently rented as 3 apartments, this historic building would be a perfect owner occupied rental generating income in the remaining units. Imagine a public facing first floor storefront or office with additional workspace on the upper floors. OR create a stunning single family home that is walkable to many shops, restaurants, and entertainment venues. This is a vibrant, walkable urban district with a neighborhood feel. Explore the visual character and warmth of 12 Smith Street. The original arched entry hood with carved Italianate brackets, scrollwork and dentils remain above the entry alcove and the window openings feature a corbelled and arched brick lintel and projecting brick sill with corbelled brackets. With exceptionally high tin ceilings on the first floor and no other buildings directly abutting either side, great light and air flows throughout. Cozy Jotul stoves provide heat when the weather turns cooler. The side patio is a blank slate waiting for your creative touches. Gaze out your back windows for inspiration from your new back neighbor, a museum and historic landmark with a beautiful outdoor sculpture and perennial gardens! Opportunities abound for this one-of-a-kind property. Imagine the possibilities. Everything you need is just a short hop to India Street, Washington Street, East Bayside, the Eastern Prom and all that the city has to offer. May qualify for Maine's Historic Rehabilitation Tax Credit to 2030 and the Small Project Rehabilitation Credit. Located in the India Street FBC zone. First floor is currently owner occupied.