1871 Forest Ave
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1871 Forest Ave
8,771 SF Retail Building Portland, ME 04103 $2,458,190 CAD ($280 CAD/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
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 (CAD) | Annual Per SF (CAD) |
---|---|---|
Taxes | $21,035 | $2.40 |
Operating Expenses | - | - |
Total Expenses | $21,035 | $2.40 |
Taxes & Operating Expenses (Actual - 2024)
Taxes (CAD) | |
---|---|
Annual | $21,035 |
Annual Per SF | $2.40 |
Operating Expenses (CAD) | |
---|---|
Annual | - |
Annual Per SF | - |
Total Expenses (CAD) | |
---|---|
Annual | $21,035 |
Annual Per SF | $2.40 |
Property Facts
Sale Type
Owner User
Property Type
Retail
Property Subtype
Building Size
8,771 SF
Building Class
C
Year Built
1910
Price
$2,458,190 CAD
Price Per SF
$280 CAD
Tenancy
Single
Building Height
3 Stories
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
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1871 Forest Ave
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