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829 Forest Avenue, Portland, ME 04103

$2,000,000
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BATHS4 full SQUARE FEET2,076 MLS#1678820
STATUSActive PROPERTY TYPEMulti Unit - Multiple

Property Description

Prime Commercial Opportunity with Additional Multifamily Building & Ample Parking! Discover a versatile commercial property offering two buildings, multiple income possibilities, and a huge paved parking lot?all situated on one completely fenced-in lot. The 1999 commercial building features durable metal siding, metal roofing, and block-face construction, along with two separate 1st floor level of storefront/retail space, providing flexibility for a variety of business uses. A one-car attached garage adds valuable storage or workspace, while the expansive paved lot offers plenty of parking for customers, employees, tenants, or multiple businesses. Also included is a detached three-unit building constructed in 1980, featuring vinyl siding, vinyl trim, and gutters. The building consists of a three-bedroom, two-bath main residence, a one-bedroom first-floor apartment, and a two-bedroom second-floor apartment, along with a one-car garage. This additional building offers excellent potential for rental income, owner occupancy, office space, or future redevelopment opportunities. Both buildings are being sold together, as-is, and as one parcel. The three-unit building will require interior work, providing an opportunity for a new owner to renovate and customize the space to meet their needs. The entire property is completely fenced, providing added security and clearly defined boundaries. With substantial paved parking, multiple commercial spaces, an attached garage, a separate multifamily building, and numerous potential uses, this is an opportunity worth exploring. Commercial, investment, owner-user, and redevelopment potential all in one property!

829 Forest Avenue | MLS# 1678820

This multi-family property located at 829 Forest Avenue, Portland, ME 04103 is currently listed for sale by Better Homes & Gardens Real Estate/The Masiello Group, with an asking price of $2,000,000. Search Portland real estate on www.masiellogrouprealestate.com today.

Listing Video

Property Features

Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Bulkhead, Dirt Floor, Slab, Partial, Unfinished, Brick/Mortar
Garage: 1 car attached
Heating: K-1/Kerosene, Direct Vent Furnace
Home Style: New Englander
Lot Size: 0.54 Acres
Roof Type: Metal, Pitched, Shingle
Taxes: $15,479
Year Built: 1980

Feature Descriptions

Amenities: 1st Floor Bedroom, Fenced, Washer Hookup, Storage
Electric: Circuit Breakers
Equipment: Internet Access Available
Exterior: Wood Frame, Metal Clad, Vinyl Siding
Flooring: Carpet, Laminate, Ceramic Tile
Foundation: Granite, Poured Concrete, Slab, Brick/Mortar
Lot: Intown, Near Shopping, Near Railroad, Level, Open Lot, Sidewalks
Parking: Paved,11 - 20 Spaces, On Site
Road Surface: Paved
Sewer: Public Sewer
Special View Info: Trees/Woods
SQ FT Above Grade: 2076
SQ FT Below Grade: 0
Water: Public

Listed By / Shown By

agent picture

Listed By

Agency Name: Better Homes & Gardens Real Estate/The Masiello Group
Agent Name: Renee Roy
Agency Phone: (207) 212-3134

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Estimated Payment

$ 6,324.38 per month $4,451.13 Principal & Interest $1,289.92 Property Tax $583.33 Homeowner's Insurance

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