Bought with EXP Realty
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1844 Forest AVE Portland, ME 04103
SOLD DATE : 08/07/2023Want to know what your home might be worth? Contact us for a FREE valuation!
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Key Details
Sold Price $950,000
Property Type Commercial Sale
Sub Type General Commercial
Listing Status Sold
Square Footage 6,930 sqft
MLS Listing ID 1555737
Sold Date 08/07/23
HOA Y/N No
Year Built 1917
Annual Tax Amount $10,778
Tax Year 2022
Lot Size 0.740 Acres
Acres 0.74
Property Sub-Type General Commercial
Source Maine Listings
Property Description
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.
Location
State ME
County Cumberland
Zoning B2
Rooms
Basement Finished, Full
Interior
Heating Multi-Zones, Hot Water, Heat Pump
Exterior
Parking Features 21+ Spaces, Paved
View Y/N No
Roof Type Shingle
Accessibility Elevator/Chair Lift
Building
Lot Description Public Transport Access, Near Turnpike/Interstate, Near Airport, Bus Line, Near Shopping
Sewer Public Sewer
Water Public
Structure Type Vinyl Siding
Others
Energy Description Gas Natural, Electric
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