Portland
$1,095,000
484 Forest Avenue
mls: 1673964
Bathrooms: 0
Year Built: 1942
Sq Footage: 1,064
Lot Size: 0.16
Taxes: $5,416
Status: Active

Rare opportunity to acquire a four-way lighted corner lot with two entrance points on heavily travelled (20K+ AADT) Forest Avenue. It's been a gas station since 1942 and has been operating as Welch Service Station since the early 1970s.

Listed by: EXP Realty

Rare opportunity to acquire a four-way lighted corner lot with two entrance points on heavily travelled (20K+ AADT) Forest Avenue. It's been a gas station since 1942 and has been operating as Welch Service Station since the early 1970s. It's a local landmark and the last vestige of Portland's original 'Auto Mile' on Forest Avenue dating back to 1910. Highest and best adaptive reuses are modern cafes (e.g. coffee, smoothie and acai bowl), offices, or retail boutiques. It's a candidate for historical tax credits (up to 45%) given its age and architectural significance.

Listed by: EXP Realty

Accessibility Features
Appliances
Architectural Style
Basement
None, Slab
Bathrooms Total Integer
0
Body Type
Building Area Total
1064.00
Construction Materials
Masonry, Brick
Cooling
None
Electric
Circuit Breakers
Exterior Features
Flooring
Concrete
Foundation Details
Slab
Green Energy Efficient
Heating
Gas Natural, Forced Air
Heating Yes/No
1
Interior Features
Laundry Features
Lot Features
Bus Line, Business District, Near Turnpike/Interstate
Lot Size Acres
0.1600
Other Equipment
Other Structures
Parking Features
11 - 20 Spaces, On Site, Paved
Patio And Porch Features
Pets Allowed
Property Condition
Roof
Flat, Membrane
Sewer
Public Sewer
Tax Annual Amount
5416.00
Utilities
Water Source
Public
Waterfront Features
Year Built
1942
Zoning
B2b