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634 Forest AvenuePortland, ME 04101Sale Price: $675,000

  • Sale Price: $675,000
  • 281 Days Since Sale
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Federal 30-year interest rate: 6.71% last updated on Jun 8, 2023
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $750,000List Price
  • 0.22Acreage
  • 2,132Square Feet
634 Forest Avenue Portland ME 04101
634 Forest Avenue Portland ME 04101

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Listed by RE/MAX Shoreline

Sold by Vitalius Real Estate Group, LLC
With three stretches of street frontage on Deering Ave., Revere St., and Forest Ave., this week's property offers a prime development opportunity in Woodfords Corner, a thriving intersection of restaurants, grocers, and other small businesses. Totaling 9,940± SF, this property is serviced by public water, public sewer and natural gas to the building. The city designates this as B2b zoning, which allows for a wide array of mixed-development options. We will note that Portland is in desperate need of more residential units, so this may be a perfect opportunity for almost any business to have a commercial presence on the first floor with rental units or condominiums on the top floors. Woodfords Corner is simply a great, growing location, serviced by public transit, and nearby to Back Cove, USM, and Stevens Square. As a major arterial to and from the city, Forest Ave. sees 22,000 vehicles travel through this intersection on an average day. Also listed as Residential MLS #1529921.

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Listing data is derived in whole or in part from the Maine IDX & is for consumers' personal, non commercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. ©2023 Maine Real Estate Information System, Inc. All Rights Reserved. equal opportunity housing logo   Privacy Policy

Kezar Realty participates in ©2023 Maine Listings Internet Data Exchange program, allowing us to display other Maine IDX Participants' listings. This website does not display complete listings. Certain listings of other real estate brokerage firms have been excluded. Mortgage figures are estimates. Check with your bank or proposed mortgage company for actual interest rates. This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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