This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

You must register your contact information to view secure information on this listing.
You must register your contact information to view secure information on this listing.

Share This Listing

Please enter a valid email address.

Note: To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

LoopNet has taken a strong stance against the practice of sending unsolicited commercial emails, also known as "spam." Please send these emails only to people you know who would be interested in this property. If someone asks you not to send these emails to them, please comply.

thank you

Your email has been sent!

1871 Forest Ave

8,771 SF Retail Building Portland, ME 04103 £1,382,517 (£158/SF)

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

Taxes & Operating Expenses (Actual - 2024)

Annual Annual Per SF
Taxes £11,815 £1.35
Operating Expenses - -

Taxes & Operating Expenses (Actual - 2024)

Taxes
Annual £11,815
Annual Per SF £1.35
Operating Expenses
Annual -
Annual Per SF -
Total Expenses
Annual £11,815
Annual Per SF £1.35

Property Facts

Sale Type
Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
8,771 SF
Building Class
C
Year Built
1910
Price
£1,382,517
Price Per SF
£158
Tenancy
Single
Number of Floors
3
Building FAR
0.06
Land Acres
3.42 AC
Zoning
B-2 - Business Community
Parking
25 Spaces (3.24 Spaces per 1,000 SF Leased)

Amenities

  • Freeway Visibility
  • Listing ID: 33584735

  • Date on Market: 21/10/2024

  • Last Updated:

  • Address: 1871 Forest Ave, Portland, ME 04103

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, 'rating') }}
255 character limit ({{ remainingChars() }} characters remainingover)
{{ getErrorText(feedbackForm.msg, 'rating') }}
{{ getErrorText(feedbackForm.fname, 'first name') }}
{{ getErrorText(feedbackForm.lname, 'last name') }}
{{ getErrorText(feedbackForm.phone, 'phone number') }}
{{ getErrorText(feedbackForm.phonex, 'phone extension') }}
{{ getErrorText(feedbackForm.email, 'email address') }}