1569 Forest Ave 1.04 Acres of Commercial Land Offered at $2,495,000 in Portland, ME 04103
EXECUTIVE SUMMARY
You can't find this anywhere in Portland! Just rezoned to B-1, this 1+ acre corner lot is now poised for near-limitless development opportunities. The site is level, open, has multiple curb cuts, is on a bus line, is walkable to schools, parks, and local shops, and is zoned for mixed-use (restaurant, retail, residential, and more). The corner is home to Riverton Station which is not included in the sale but is negotiable.
PROPERTY FACTS
| Price | $2,495,000 |
| Sale Type | Investment |
| Sale Condition | Redevelopment Project |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Total Lot Size | 1.04 AC |
| Zoning | R3 - High Density Residential zone |
1 LOT AVAILABLE
Lot 1-4
| Price | $2,495,000 |
| Price Per AC | $2,399,038.46 |
| Lot Size | 1.04 AC |
Land
1 of 1
PROPERTY TAXES
| Parcel Number | PTLD-000338-000000-M001001 | Improvements Assessment | $262,700 |
| Land Assessment | $511,600 | Total Assessment | $774,300 |
