Property Description
Prime Commercial Opportunity with Additional Multifamily Building & Ample Parking! Discover a versatile commercial property offering two buildings, multiple income possibilities, and a huge paved parking lot?all situated on one completely fenced-in lot. The 1999 commercial building features durable metal siding, metal roofing, and block-face construction, along with two separate 1st floor level of storefront/retail space, providing flexibility for a variety of business uses. A one-car attached garage adds valuable storage or workspace, while the expansive paved lot offers plenty of parking for customers, employees, tenants, or multiple businesses. Also included is a detached three-unit building constructed in 1980, featuring vinyl siding, vinyl trim, and gutters. The building consists of a three-bedroom, two-bath main residence, a one-bedroom first-floor apartment, and a two-bedroom second-floor apartment, along with a one-car garage. This additional building offers excellent potential for rental income, owner occupancy, office space, or future redevelopment opportunities. Both buildings are being sold together, as-is, and as one parcel. The three-unit building will require interior work, providing an opportunity for a new owner to renovate and customize the space to meet their needs. The entire property is completely fenced, providing added security and clearly defined boundaries. With substantial paved parking, multiple commercial spaces, an attached garage, a separate multifamily building, and numerous potential uses, this is an opportunity worth exploring. Commercial, investment, owner-user, and redevelopment potential all in one property!
Property Features
Property Type: Commercial - Business
Basement: Bulkhead, Dirt Floor, Partial, Slab, Unfinished, Brick/Mortar
Basement: Yes
Heating: K-1/Kerosene, Direct Vent Furnace, Other
Lot Size: 0.54 Acres
Roof Type: Metal, Pitched, Shingle
Taxes: $15,479
Year Built: 1999
Feature Descriptions
Accessibilitiy: Level Entry
Electric: Circuit Breakers
Equipment: Internet Access Available
Exterior: Masonry, Metal Clad, Vinyl Siding
Flooring: Carpet, Heavy Duty, Laminate, Ceramic Tile
Foundation: Granite, Poured Concrete, Brick/Mortar, Slab
Lot: Public Transport Access
Parking: 11 - 20 Spaces, On Site, Paved, Garage
Sewer: Public Sewer
Water: Public
819-829 Forest Avenue | MLS# 1678817
This commercial property located at 819-829 Forest Avenue, Portland, ME 04103 is currently listed for sale by Better Homes & Gardens Real Estate/The Masiello Group, with an asking price of $2,000,000. Search Portland real estate on crystalathas.masiellogrouprealestate.com today.