Portland
$2,000,000
829 Forest Avenue
mls: 1678820
Bathrooms: 4
Year Built: 1980
Sq Footage: 2,076
Lot Size: 0.54
Taxes: $15,479
Status: Active

Prime Commercial Opportunity with Additional Multifamily Building & Ample Parking! Discover a versatile commercial property offering two buildings, multiple income possibilities, and a huge paved parking lot—all situated on one completely fenced-in lot.

Listed by: Better Homes & Gardens Real Estate/The Masiello Group

Prime Commercial Opportunity with Additional Multifamily Building & Ample Parking! Discover a versatile commercial property offering two buildings, multiple income possibilities, and a huge paved parking lot—all situated on one completely fenced-in lot. The 1999 commercial building features durable metal siding, metal roofing, and block-face construction, along with two separate 1st floor level of storefront/retail space, providing flexibility for a variety of business uses. A one-car attached garage adds valuable storage or workspace, while the expansive paved lot offers plenty of parking for customers, employees, tenants, or multiple businesses. Also included is a detached three-unit building constructed in 1980, featuring vinyl siding, vinyl trim, and gutters. The building consists of a three-bedroom, two-bath main residence, a one-bedroom first-floor apartment, and a two-bedroom second-floor apartment, along with a one-car garage. This additional building offers excellent potential for rental income, owner occupancy, office space, or future redevelopment opportunities. Both buildings are being sold together, as-is, and as one parcel. The three-unit building will require interior work, providing an opportunity for a new owner to renovate and customize the space to meet their needs. The entire property is completely fenced, providing added security and clearly defined boundaries. With substantial paved parking, multiple commercial spaces, an attached garage, a separate multifamily building, and numerous potential uses, this is an opportunity worth exploring. Commercial, investment, owner-user, and redevelopment potential all in one property!

Listed by: Better Homes & Gardens Real Estate/The Masiello Group

Above Grade Finished Area
2076.00
Accessibility Features
Appliances
Architectural Style
New Englander
Basement
Bulkhead, Dirt Floor, Slab, Partial, Unfinished, Brick/Mortar
Bathrooms Full
4
Bathrooms Total Integer
4
Below Grade Finished Area
0.00
Body Type
Building Area Total
2076.00
Construction Materials
Wood Frame, Metal Clad, Vinyl Siding
Cooling
None
Electric
Circuit Breakers
Exterior Features
Fireplaces Total
0
Flooring
Carpet, Laminate, Ceramic Tile
Foundation Details
Granite, Poured Concrete, Slab, Brick/Mortar
Garage Spaces
1.00
Garage Yes/No
1
Green Energy Efficient
Heating
K-1/Kerosene, Direct Vent Furnace
Heating Yes/No
1
Interior Features
1st Floor Bedroom, Storage
Laundry Features
Washer Hookup
Lot Features
Intown, Near Shopping, Near Railroad, Level, Open Lot, Sidewalks
Lot Size Acres
0.5400
Other Equipment
Internet Access Available
Other Structures
Shed(s)
Parking Features
Paved, 11 - 20 Spaces, On Site
Patio And Porch Features
Deck
Pets Allowed
No Restrictions
Property Condition
Roof
Metal, Pitched, Shingle
Sewer
Public Sewer
Tax Annual Amount
15479.00
Utilities
Water Source
Public
Waterfront Features
Year Built
1980
Zoning
B-2B