$1,595,000
671-675 Forest Avenue, Portland, ME, 04103
7,446 sqft
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.
Status:
Active
Type:
Commercial
Units:
7
Zoning:
B2B
Heating:
Hot Water, Baseboard
Cooling:
None
Basement:
Full
Parking:
1 - 4 Spaces, Off Street
Acreage:
0.12
Construction
Brick Veneer, Brick, Masonry
Lot Description:
Near Turnpike/Interstate, Near Airport, Downtown, Business District, Near Shopping
MLS #:
1581921
Community Info
School Info
Walk Score
Mass Transit
Yelp
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Listing courtesy of Maine Real Estate Co