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 thebuilding. 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 BackCove, 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 Commercial MLS #1529928.
Off market
$834,500
634 Forest Ave, Portland, ME 04101
0beds
2,132sqft
SingleFamily
Built in 1920
9,583 Square Feet Lot
$834,500 Zestimate®
$391/sqft
$3,325 Estimated rent