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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.

Overview

Property Status
For Sale
Lot Size
5,227.2 Sq.Ft.
MLS ID
1650411
Property Type
Commercial
Year Built
1910

Features & Amenities

Total Area
11,169 Sq.Ft.
Water Source
Public
Roof
Flat, Other
Lot Features
Public Transport Access, Near Turnpike/Interstate, Near Airport, Downtown, Business District, Bus Line, Near Shopping
Parking
1 - 4 Spaces, Paved, Off Street, On Street
Heat Type
Hot Water, Baseboard
Air Conditioning
None
Sewer
Public Sewer
Sales Price
$1,499,000
Real Estate Tax
$15,028/yr
Zoning
B2

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671 Forest Avenue

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We would love to help you see this beautiful home! As a full-service brokerage, we can help you tour. Please submit an offer, and answer questions about the buying process.

Thank you

for your interest in 671 Forest Avenue, Portland, ME 04103

671 Forest Avenue
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  • Discover a unique investment <br>opportunity at the vibrant intersection of Forest Ave, Woodford St, and Ocean Ave.

    Bailey Pate

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671 Forest Avenue

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