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1569 Forest Ave

1.04 Acres of Commercial Land Offered at $3,504,677 CAD in Portland, ME 04103

Executive Summary

You can't find this anywhere in Portland! Just rezoned to B-1, this 1+ acre corner lot is now poised for near-limitless development opportunities. The site is level, open, has multiple curb cuts, is on a bus line, is walkable to schools, parks, and local shops, and is zoned for mixed-use (restaurant, retail, residential, and more). The corner is home to Riverton Station which is not included in the sale but is negotiable.

Property Facts

Price $3,504,677 CAD
Sale Type Investment
Sale Conditions Redevelopment Project
No. Lots 1
Property Type Land
Property Subtype Commercial
Total Lot Size 1.04 AC

1 Lot Available

Lot 1-4

Price $3,504,677 CAD
Price Per AC $3,369,881 CAD
Lot Size 1.04 AC

Land

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
PTLD-000338-000000-M001001
Land Assessment
$716,634 CAD
Improvements Assessment
$367,982 CAD
Total Assessment
$1,084,616 CAD

zoning

Zoning Code R3 (High Density Residential zone)
R3 (High Density Residential zone)
  • Listing ID: 31765282

  • Date on Market: 2024-05-10

  • Last Updated:

  • Address: 1569 Forest Ave, Portland, ME 04103

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