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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
$2,392,338 CAD
Price Per SF
$272.76 CAD
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 | $689,130 CAD |
| Land Assessment | $731,508 CAD | Total Assessment | $1,420,638 CAD |
Property Taxes
Parcel Number
PTLD-000327A-000000-A004001
Land Assessment
$731,508 CAD
Improvements Assessment
$689,130 CAD
Total Assessment
$1,420,638 CAD
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