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484 Forest Avenue , Portland, ME 04101

$1,095,000
  • 484 Forest Avenue , Portland, ME 04101 Main Photo

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New to the Market Active
SQUARE FEET1,064 MLS#1673964
STATUSActive PROPERTY TYPECommercial - Business

Property Description

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.

484 Forest Avenue | MLS# 1673964

This commercial property located at 484 Forest Avenue , Portland, ME 04101 is currently listed for sale with an asking price of $1,095,000. Search Portland real estate on ekenney.spragueandcurtis.com today.

Property Features

Property Type: Commercial - Business
Basement: None, Slab
Heating: Gas Natural, Forced Air
Lot Size: 0.16 Acres
Roof Type: Flat, Membrane
Taxes: $5,416
Year Built: 1942

Feature Descriptions

Electric: Circuit Breakers
Exterior: Masonry, Brick
Flooring: Concrete
Foundation: Slab
Lot: Bus Line, Business District, Near Turnpike/Interstate
Parking: 11 - 20 Spaces, On Site, Paved
Sewer: Public Sewer
Water: Public

Listed By / Shown By

Listed By

Agency Name: EXP Realty
Agency Phone: 888-439-8743

Shown By

Agent Name: Earle Kenney
Agent Phone: (207) 242-7636
Agency Title: Sprague and Curtis Real Estate

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