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671-675 Forest Avenue, Portland, ME 04103
$1,595,000
671-675 Forest Avenue, Portland, ME 04103View this property at 671-675 Forest Avenue, Portland, ME 04103
671-675 Forest AvenuePortlandME04103
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Property Description
2 retail & 5 residential units in a prime 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 two street-level retail units, perfect for businesses seeking prime visibility, and five residential units on the second floor, providing modern living spaces with 1 to 3 bedrooms. The full unfinished basement, equipped with a loading dock, adds versatility for potential expansion, storage, or logistical convenience. 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.
Full Property Details
Full Property Details for 671-675 Forest Ave
General
- Price: $1,595,000
- Status: Active
- Type: Retail
- MLS ID: 1581921
- Updated: 2/12/2024
- Added to Site: 110 day(s) ago
Business
- Business Type: Commercial, Retail, Other, Flex
Interior
- Flooring: Vinyl, Tile, Carpet
Parking
- Parking Features: 1 - 4 Spaces, Off Street
Location
- County: Cumberland
Heating & Cooling
- Cooling Type: None
- Heating Type: Hot Water, Baseboard
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Construction: Brick Veneer, Brick, Masonry
- Roof: Flat, Other
- Building Size: 7446
- Square Feet: 7,446
- Living Area: 7,446 Sq. Ft.
Lot Features
- Lot Size (Acres): 0.12
- Lot Size (Sq. Ft.): 5,227.2
- Zoning: B2B
- Lot Description: Near Turnpike/Interstate, Near Airport, Downtown, Business District, Near Shopping
Disclosures and Reports
- Buyer’s Brokerage Compensation: 2%
- Documents Avail.: Property Disclosure Public Access, Lead Paint Addendum Members Only, Deed Public Access
- Lot Number: L002
Listed by Maine Real Estate Co (800) 971-8860
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Schools
Schools serving 671-675 Forest Ave
Rating | Name | Grades | Distance |
---|---|---|---|
150 Ocean Ave, Portland, ME 04103 | PK-5 | 0.4 mi | |
432 Stevens Ave, Portland, ME 04103 | PK-5 | 0.6 mi | |
166 Brackett St, Portland, ME 04102 | K-5 | 1.7 mi | |
522 Stevens Ave, Portland, ME 04103 | 6-8 | 0.7 mi | |
92 Deering Ave, Portland, ME 04102 | 6-8 | 1.1 mi | |
171 Auburn St, Portland, ME 04103 | 6-8 | 2.4 mi | |
370 Stevens Ave, Portland, ME 04103 | 9-12 | 0.6 mi | |
196 Allen Ave, Portland, ME 04103 | 9-12 | 1.8 mi | |
Portland Arts and Technology High School
196 Allen Ave, Portland, ME 04103 | 9-12 | 1.9 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 671-675 Forest Ave
Date
Details
Price
Change
Source
2/09/2024
Listed
$1,595,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 671-675 Forest Ave
671-675 Forest Avenue, Portland, ME 04103 (MLS# 1581921) is a Retail property. 671-675 Forest Avenue is currently listed for $1,595,000 and was received on February 09, 2024. Want to learn more about 671-675 Forest Avenue? Do you have questions about finding other Retail real estate for sale in Portland? You can browse all Portland real estate or contact a Coldwell Banker agent to request more information.