671-675 Forest Avenue, Portland, ME, 04103 | $1,499,000

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.

Features

  • Property Type: Retail
  • Construction: Brick Veneer, Brick, Masonry
  • Parking: 1 - 4 Spaces, Off Street
  • Heating: Hot Water, Baseboard
  • Cooling: None
  • Units: 7
  • Zoning: B2B
  • Approx Sq. Feet: 7,446
  • Acreage: 0.12
  • Lot Desc: Near Turnpike/Interstate, Near Airport, Downtown, Business District, Near Shopping
  • MLS#: 1581921
  • Website: https://www.raveis.com
    /prop/1581921/671675forestavenue_portland_me?source=qrflyer
Listing data is derived in whole or in part from the Maine IDX & is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.
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Listing courtesy of Maine Real Estate Co

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