Portland, ME 04103,671 Forest AVE
Portland, ME 04103,671 Forest AVE
Portland, ME 04103,671 Forest AVE
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Listed by Maine Real Estate Co
$1,499,000
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11,169 SqFt
New

671 Forest AVE Portland, ME 04103

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Key Details

Property Type Commercial Sale

Sub Type Mixed Use

Listing Status Active

Square Footage 11,169 sqft

MLS Listing ID 1650411

HOA Y/N No

Year Built 1910

Annual Tax Amount $15,028

Tax Year 2024

Lot Size 5,227 Sqft

Acres 0.12

Property Sub-Type Mixed Use

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 Hot Water, Baseboard

Cooling None

Flooring Vinyl, Tile, Carpet

Exterior

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

View Y/N No

Roof Type Flat,Other

Building

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

Sewer Public Sewer

Water Public

Structure Type Brick Veneer,Brick,Masonry

Others

Energy Description Oil


Maine MLS (MREIS) IDX
Nearby Locations
SCHOOLSPROPERTIES
Elementary Schools 19
  • 8

    Harrison Lyseth Elementary School

    Public | PK - 5

  • 7

    Longfellow School-Portland

    Public | PK - 5

  • 6

    Frank I Brown Elementary School

    Public | KG - 5

  • 5

    James Otis Kaler Elementary School

    Public | PK - 5

  • 4

    Fred P Hall School

    Public | KG - 5

  • 4

    Presumpscot School

    Public | KG - 5

  • 4

    East End Community School

    Public | PK - 5

  • 3

    Howard C Reiche Community School

    Public | KG - 5

  • 1

    Riverton School

    Public | PK - 5

  • 0

    Breakwater School

    Private | PK - 8

  • 0

    St Brigid School

    Private | PK - 8

  • 0

    The Children's Center

    Private | PK - KG

  • 0

    Greater Portland Christian School

    Private | PK - 12

  • 0

    Ocean Avenue

    Public | KG - 5

  • 0

    Levey Day School

    Private | KG - 5

  • 0

    Waynflete School

    Private | PK - 12

  • 0

    Glickman Academy

    Private | 5 - 12

  • 0

    Spurwink School-Cummings

    Private | 4 - 12

  • 0

    Holy Cross School

    Private | PK - 8

Middle Schools 6
  • 7

    King Middle School

    Public | 6 - 8

  • 6

    Lincoln Middle School

    Public | 6 - 8

  • 5

    Lyman Moore Middle School

    Public | 6 - 8

  • 5

    Daniel F. Mahoney Middle School

    Public | 6 - 8

  • 3

    Memorial Middle School

    Public | 6 - 8

  • 0

    Arthur R. Gould School--Lcydc

    Public | 8 - 12

High Schools 7
  • 7

    Casco Bay High School

    Public | 9 - 12

  • 2

    Deering High School

    Public | 9 - 12

  • 1

    Portland High School

    Public | 9 - 12

  • 0

    Portland Arts & Technology High School

    Public | 9 - 12

  • 0

    Catherine Mcauley High School

    Private | 9 - 12

  • 0

    Cheverus High School

    Private | 9 - 12

  • 0

    Baxter Academy for Tech & Sciences

    Public | 9 - 10

School and business data provided by Attom Data.

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Corey Lee

Corey Lee

Agent | License ID: BA924970

+1(207) 314-8443

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671 Forest AVE