SQUARE FEET11,169
MLS#1650411
STATUSActive
PROPERTY TYPECommercial - Retail
Property Description
INVESTORS TAKE NOTICE: 1 retail and 8 residential units (9 units total) in a prime Portland location! Discover a unique investmentopportunity at the vibrant intersection of Forest Ave, Woodford St, and Ocean Ave. This property features a strategic location with onestreet-level retail unit, perfect for businesses seeking prime visibility, and eight residential units on the second floor, providing modernliving spaces with 1 to 3 bedrooms.Positioned at a bustling intersection, the property promises high traffic and accessibility via majorthoroughfares and public transportation. Investors can capitalize on a steady rental income stream from the mix of residential andcommercial 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 thisdynamic property. The full finished basement, equipped with a loading dock, adds versatility for potential expansion, storage, or logisticalconvenience for the retail unit.
Property Features
Property Type: Commercial - Retail
Basement: Walk-Out Access, Finished, Full, Unfinished
Basement: Yes
Heating: Hot Water, Baseboard
Lot Size: 0.12 Acres
Roof Type: Flat, Other
Taxes: $15,028
Year Built: 1910
Feature Descriptions
Electric: Circuit Breakers
Exterior: Brick Veneer, Brick, Masonry
Flooring: Vinyl, Tile, Carpet
Lot: Public Transport Access, Near Turnpike/Interstate, Near Airport, Downtown, Business District, Bus Line, Near Shopping
Parking: 1 - 4 Spaces, Paved, Off Street, On Street
Sewer: Public Sewer
Water: Public
Listed By / Shown By
Listed By
Agency Name: Maine Real Estate Co
Agent Name: Sarem Al-Shawk
Agency Phone: 207-292-1030
Shown By
Agency Title: Better Homes and Gardens Real Estate The Masiello Group
Agency Phone: 800-741-1540
TOUR PROPERTY
Choose a date and time to see 671 Forest Avenue, Portland, ME 04103.
An agent will get in touch to confirm your request shortly.
671 Forest Avenue | MLS# 1650411
This commercial property located at 671 Forest Avenue, Portland, ME 04103 is currently listed for sale with an asking price of $1,499,000. Search Portland real estate on www.masiellogrouprealestate.com today.