High Visibility Property for Sale/Lease

Retail-Commercial for Sale
Catylist Listing ID: 30206448
Property Subtypes: Mixed Use
Building Size (RSF): 6,440 SF
Gross Land Area: 0.19 Acres
Sale Price: $790,000
Unit Price: $122.67 PSF
Property Use Type: Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 1/16/2019

Overview / Comments

This is a great opportunity to purchase an investment property on busy Forest Ave in Portland, Maine. This 6440+/- square foot building is currently home to a hair salon and a tax service office, both of whom have been tenants for a number of years. The third space, a former restaurant, is currently vacant. The property is in a high traffic count area of Forest Ave and has ample parking available. This is a perfect opportunity to invest in a growing area of Portland.

Attachments & Media

Additional Details

Nearest MSA: Portland-South Portland
County: Cumberland
Tax ID/APN: 129/5/1
Zoning: B2
Retail Clientele: General, Business
Property Visibility: Excellent
Largest Nearby Street: Forest Ave
Feet of Frontage: 120
Traffic/Vehicle Count: 11,940
Area Description: This property is located on Forest Ave just north of the Woodford Street intersection.
Tenancy: Multiple Tenants
Total Number of Buildings: 1
Number of Stories: 1
Property Condition: Good
Year Built: 1938
Total Parking Spaces: 20
Parking Type: Surface
Parking Description: Private Off Street Parking available
Heat Type: Electricity
Heat Source: Baseboard
Air Conditioning: Package Unit
Zoning Description: Community Business
Lot Frontage: 120
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 18,686 84,304 127,027
Median Age: 37.33 37.49 39.3
Households: 8,874 38,978 56,546


Photograph of Listing Agent

Craig S. Church

KW Commercial - a div. of Keller Williams Realty
The information presented herein is provided as is, without warranty of any kind. Neither New England Commercial Property Exchange nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.