OWNER FINANCING at RESIDENTIAL RATE. Commercial property with development opportunity. Conveniently located by intersection of Riverside Rd and Rt 302 and close to 95. B2 zoning allows for 32 to 73 residential units. There were plans to convert current building into 17 apartments and could possibly be resubmitted. Large parking lot with 39 spaces. Building is currently leased on a month-to-month basis. Seller may entertain owner financing depending on offer, contact broker for details.

Property Details of 1844 Forest Avenue

Property Details

Basic Information

Property SubType: General Commercial
Maine: 1555737
Mls Status: Active Under Contract
Acreage: 0.74

Property

Square Feet: 6,930
Year Built: 1917
Roof: Shingle
Building Construction: Vinyl Siding

Location

Town: Portland
County: Cumberland
State: ME
Zip: 04103

Interior Features

Basement

Basement: Finished, Full

Exterior Features

Features

Parking Features : 21+ Spaces, Paved
Exterior : Vinyl Siding

Utilities and Appliances

Gas : Natural - At Street
Heat System: Heat Pump, Hot Water, Zoned, Electric, Natural Gas
Heating Fuel: Electric, Gas Natural
Sewer : Public Sewer

Community

Amenities

Accessibility Features : Elevator/Chair Lift

Other Details

Finance

Taxes: $10,778
Tax Year : 2022

Water

Water Source : Public

Map Location

Driving Directions

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