SQUARE FEET1,064
MLS#1673964
STATUSActive
PROPERTY TYPECommercial - Business
Property Description
Rare opportunity to acquire a four-way lighted corner lot with two entrance points on heavily travelled (20K+ AADT) Forest Avenue.It's been a gas station since 1942 and has been operating as Welch Service Station since the early 1970s. It's a local landmark and the last vestige of Portland's original 'Auto Mile' on Forest Avenue dating back to 1910.Highest and best adaptive reuses are modern cafes (e.g. coffee, smoothie and acai bowl), offices, or retail boutiques.It's a candidate for historical tax credits (up to 45%) given its age and architectural significance.
Property Features
Property Type: Commercial - Business
Basement: None, Slab
Heating: Gas Natural, Forced Air
Lot Size: 0.16 Acres
Roof Type: Flat, Membrane
Taxes: $5,416
Year Built: 1942
Feature Descriptions
Electric: Circuit Breakers
Exterior: Masonry, Brick
Flooring: Concrete
Foundation: Slab
Lot: Bus Line, Business District, Near Turnpike/Interstate
Parking: 11 - 20 Spaces, On Site, Paved
Sewer: Public Sewer
Water: Public
Listed By / Shown By
Listed By
Agency Name: EXP Realty
Agent Name: Michael Rogers
Agency Phone: 888-439-8743
Shown By
Agency Title: Better Homes and Gardens Real Estate The Masiello Group
Agency Phone: 800-741-1540
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484 Forest Avenue | MLS# 1673964
This commercial property located at 484 Forest Avenue , Portland, ME 04101 is currently listed for sale with an asking price of $1,095,000. Search Portland real estate on www.masiellogrouprealestate.com today.