938 Forest Avenue, Portland, ME 04103 (MLS# 1564418)

938 Forest Avenue, Portland, ME 04103

$650,000
Property Type: Commercial Square Footage: 2,637 Lot Size (sq. ft.): 25,265 Status: Closed
Current Price: $650,000 List Date: 7/06/2023 Last Modified: 1/15/2025

Description

This property has fantastic visibility and development opportunities. 938 Forest Ave is a 2,637 SF building with beautiful original Victorian woodwork and ornate fireplaces. Currently configured as office space on the first two floors, and a spacious 2-bedroom apartment on the upper levels. It also has 17 parking spaces. (Being sold with 930 Forest Avenue)

Supplements: ********

More Information MLS# 1564418

Location Information

Street #: 938 Street Name: Forest Street Type: Avenue County: Cumberland Town: Portland State/Province: ME Zip Code: 04103 Zip +4: 4123 Leased Land: No Book: 31514 Page: 294 Map: 142 Block: E Lot: 3 Zoning: RP Zoning Overlay: Unknown Full Tax Amount $: 6133 Tax Year: 2022 Association Y/N: No Geo Lat: 43.679703 Geo Lon: -70.289248

Contract Information

Status: Closed Original List Price: 1475000 Sold Price: $650,000 Current Price: $650,000

Property Information

Primary Use: Mixed Use Surveyed: Unknown Deed/Conveyance Type Offered: Quit Claim w/Covenant Deed: All Deed Restrictions: Unknown Bank Owned REO: No Year Built: 1900 Year Renovated +/-: 1939 Tenancy: Multiple Tenants Leases: Yes Total # Floors: 2 SqFt Finished Total: 2637 Lot Size Acres +/-: 0.58

Status Change Info

Pending Date: 2023-08-10 Closed Date: 2023-09-08 Closed Price: 650000

Commercial Bldg Information

Ceiling Height +/-: 8 Gross Income: 59880 Operating Expenses: 18784

Sold Info

Appraiser Email Address: George@TheArcCo.Com

Property Features

Location: Bus Line; Near Turnpike/Interstate; Public Transport Access Construction: Wood Frame Property Uses: Office Building; Special Purpose; Warehouse Basement: Full Foundation Materials: Brick/Mortar; Stone Exterior: Clapboard; Shingle Siding; Wood Siding Roof: Shingle Heat System: Hot Water; Steam Heat Fuel: Gas Natural; Oil Cooling: None Floors: Carpet; Tile; Vinyl; Wood Parking: Off Site; Paved Electric: Circuit Breakers Gas: Natural - On Site Sewer: Public Sewer Water: Public
Listing Office: Town & Shore Real Estate
Last Updated: January - 15 - 2025
938 Forest Avenue, Portland, ME 04103- MLS# 1564418
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