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1871 Forest Ave
Portland, ME 04103
Retail Property For Sale
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
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
Property Taxes
| Parcel Number | PTLD-000327A-000000-A004001 | Improvements Assessment | $1,009,000 |
| Land Assessment | $713,900 | Total Assessment | $1,722,900 |
Property Taxes
Parcel Number
PTLD-000327A-000000-A004001
Land Assessment
$713,900
Improvements Assessment
$1,009,000
Total Assessment
$1,722,900
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