2 retail & 5 residential units in a prime location! Discover a unique investment opportunity at the vibrant intersection of Forest Ave, Woodford St, and Ocean Ave. This property features a strategic location with two street-level retail units,...
$1,595,000
7,446
Sq Ft.
Interior
.12 Acres
Exterior
Commercial
Property type
1581921
Web Id
1581921
MLS ID
Portland
School District
2.0000
Buyer Agency Compensation
About 671-675 Forest Avenue
2 retail & 5 residential units in a prime location! Discover a unique investment opportunity at the vibrant intersection of Forest Ave, Woodford St, and Ocean Ave. This property features a strategic location with two street-level retail units, perfect for businesses seeking prime visibility, and five residential units on the second floor, providing modern living spaces with 1 to 3 bedrooms. The full unfinished basement, equipped with a loading dock, adds versatility for potential expansion, storage, or logistical convenience. Positioned at a bustling intersection, the property promises high traffic and accessibility via major thoroughfares and public transportation. Investors can capitalize on a steady rental income stream from the mix of residential and commercial spaces, while the prime location ensures long-term appreciation and demand. Explore the potential of this mixed-use gem, combining convenience, versatility, and income prospects. Schedule your private viewing and seize the opportunity to invest in this dynamic property.
"Listing Courtesy of Maine Real Estate Co, MREIS MLS"
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.
Amenities
Carpeted Floors
Tile Flooring
Vinyl Flooring
features
cooling
Propane Heating
Style
Flat
PROPERTY INFORMATION
Basement
Full
Heating
Hot Water, Baseboard
Parking Description
1 - 4 Spaces, Off Street
Sewer
Public Sewer
Water
Public
EXTERIOR
Construction
Brick Veneer, Brick, Masonry
Lot Description
Near Turnpike/Interstate, Near Airport, Downtown, Business District, Near Shopping