671 Forest AVE, Portland, ME 04103
671 Forest AVE, Portland, ME 04103
671 Forest AVE, Portland, ME 04103
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Listed by Sarem Al-Shawk Maine Real Estate Co
$1,499,000
Est. payment /mo
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11,169 SqFt
Active

671 Forest AVE Portland, ME 04103

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Key Details

Property Type Commercial

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 11,169 sqft

Price per Sqft $134

MLS Listing ID 1650411

HOA Y/N No

Year Built 1910

Tax Year 2024

Lot Size 5,227 Sqft

Acres 0.12

Property Sub-Type Multi Family

Source Maine Listings

Land Area 11169

Property Description

INVESTORS TAKE NOTICE: 1 retail and 8 residential units (9 units total) in a prime Portland location! Discover a unique investment
opportunity at the vibrant intersection of Forest Ave, Woodford St, and Ocean Ave. This property features a strategic location with one
street-level retail unit, perfect for businesses seeking prime visibility, and eight residential units on the second floor, providing modern
living spaces with 1 to 3 bedrooms.Positioned at a bustling intersection, the property promises high traffic and accessibility via major
thoroughfares and public transportation. Investors can capitalize on a steady rental income stream from the mix of residential and
commercial spaces, while the prime location ensures long-term appreciation and demand. Explore the potential of this mixed-use gem,
combining convenience, versatility, and income prospects. Schedule your private viewing and seize the opportunity to invest in this
dynamic property. The full finished basement, equipped with a loading dock, adds versatility for potential expansion, storage, or logistical
convenience for the retail unit.

Location

State ME

County Cumberland

Zoning B2

Rooms

Basement Walk-Out Access, Finished, Full, Unfinished

Interior

Heating Oil, Baseboard, Hot Water

Cooling None

Flooring Carpet, Tile, Vinyl

Exterior

Parking Features 1 - 4 Spaces, Paved, On Street, Off Street

Roof Type Flat,Other

Building

Lot Description Bus Line, Business District, Downtown, Near Shopping, Near Turnpike/Interstate, Public Transport Access, Near Airport

Entry Level Multi-Level

Water Public

Others

Tax ID PTLD-000129-L000002-000001


Maine MLS (MREIS) IDX

Nearby Locations

Elevate Maine Realty

Please Contact Me For More Information.

+1(207) 331-4565

info@elevatemaine.com

211 US-1, Falmouth, ME 04105-1301, USA

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671 Forest AVE