Log In/Sign Up
Your email has been sent.
1871 Forest Ave 8,771 SF Retail Building Portland, ME 04103 $1,750,000 ($199.52/SF)
Executive Summary
3.42± AC of real estate conveniently located in Portland.
Zoned as B2, this site is well suited for a high-density residential redevelopment.
Two existing entrances off Forest Avenue, located directly on a bus route.
8,771± SF of existing restaurant space with 52± parking spaces on-site.
Sale Price: $1,750,000
Zoned as B2, this site is well suited for a high-density residential redevelopment.
Two existing entrances off Forest Avenue, located directly on a bus route.
8,771± SF of existing restaurant space with 52± parking spaces on-site.
Sale Price: $1,750,000
Taxes & Operating Expenses (Actual - 2024) |
Annual | Annual Per SF |
|---|---|---|
| Taxes |
$14,975
|
$1.71
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$14,975
|
$1.71
|
Taxes & Operating Expenses (Actual - 2024)
| Taxes | |
|---|---|
| Annual | $14,975 |
| Annual Per SF | $1.71 |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $14,975 |
| Annual Per SF | $1.71 |
Property Facts Under Contract
Sale Type
Owner User
Property Type
Retail
Property Subtype
Building Size
8,771 SF
Building Class
C
Year Built
1910
Price
$1,750,000
Price Per SF
$199.52
Tenancy
Single
Building Height
3 Stories
Building FAR
0.06
Lot Size
3.42 AC
Zoning
B-2 - Business Community
Parking
25 Spaces (3.24 Spaces per 1,000 SF Leased)
Amenities
- Freeway Visibility
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | PTLD-000327A-000000-A004001 | Total Assessment | $1,039,200 |
| Land Assessment | $535,100 | Annual Taxes | $14,975 ($1.71/SF) |
| Improvements Assessment | $504,100 | Tax Year | 2024 |
Property Taxes
Parcel Number
PTLD-000327A-000000-A004001
Land Assessment
$535,100
Improvements Assessment
$504,100
Total Assessment
$1,039,200
Annual Taxes
$14,975 ($1.71/SF)
Tax Year
2024
1 of 12
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
1871 Forest Ave
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.