Portland, ME 04101,634 Forest AVE
Portland, ME 04101,634 Forest AVE
Portland, ME 04101,634 Forest AVE
Listed by RE/MAX Shoreline
Bought with Vitalius Real Estate Group, LLC
$675,000
$750,000
10.0%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

2,132 SqFt
SOLD DATE : 09/02/2022

Key Details

Sold Price $675,000

Property Type Commercial Sale

Sub Type Mixed Use

Listing Status Sold

Square Footage 2,132 sqft

MLS Listing ID 1529928

Year Built 1920

Annual Tax Amount $4,932

Tax Year 2021

Lot Size 9,583 Sqft

Property Sub-Type Mixed Use

Property Description

With three stretches of street frontage on Deering Ave., Revere St., and Forest Ave., this week's property offers a prime development opportunity in Woodfords Corner, a thriving intersection of restaurants, grocers, and other small businesses. Totaling 9,940± SF, this property is serviced by public water, public sewer and natural gas to the
building. The city designates this as B2b zoning, which allows for a wide array of mixed-development options. We will note that Portland is in desperate need of more residential units, so this may be a perfect opportunity for almost any business to have a commercial presence on the first floor with rental units or condominiums on the top floors. Woodfords Corner is simply a great, growing location, serviced by public transit, and nearby to Back
Cove, USM, and Stevens Square. As a major arterial to and from the city, Forest Ave. sees 22,000 vehicles travel through this intersection on an average day. Also listed as Residential MLS #1529921.

Location

State ME

County Cumberland

Zoning B2B

Interior

Heating Forced Air

Cooling None

Flooring Concrete

Exterior

Parking Features 21+ Spaces

View Y/N No

Roof Type Shingle

Building

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

Foundation Block

Sewer Public Sewer

Water Private

Structure Type Block

Read Less Info

Want to know what your home might be worth? Contact us for a FREE valuation!

Submit

Our team is ready to help you sell your home for the highest possible price ASAP


Maine MLS (MREIS) IDX
Monet Yarnell

GET IN TOUCH

Name
Phone*
Message