671-675 Forest Avenue , Portland, ME 04103
Portland, ME 04103
Description
2 retail & 5 residential units in a prime 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 two street-level retail units, perfect for businesses seeking prime visibility, and five residential units on the second floor, providing modern living spaces with 1 to 3 bedrooms. The full unfinished basement, equipped with a loading dock, adds versatility for potential expansion, storage, or logistical convenience. 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.
Details
| MLS# | 1581920 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1910 |
| Days On Site | 239 |
| Listing Provided By | Maine Real Estate Co | Sarem Al-Shawk |
Features
| Bath(s) | 5 Total |
|---|---|
| SQ Feet | 7,446 |
| Basement | Y |
| Units | 5 |
| Zoning | B2B |
| Acreage | 0.12 |
| Golf Course | Yes |
Market Activity 04103
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Learn More About This Property
| State | ME |
|---|---|
| County | Cumberland |
| City | Portland |
| Zip Code | 04103 |
| Listing VS Median (in 04103) | |
Price: $1,499,000 low | high Med: $625,000 SqFt: 7,446 low | high Med: 2,773 $ / SqFt: $201 low | high Med: $225 On Site: 239 low | high Med: 65.000000 | |