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Adam Dow

| The Dow Group | #1 Real Estate Team in New Hampshire

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819829 819-829 Forest Ave , Portland, ME 04103
$2,000,000
Est. Payment: $4,444.44/mo
0 Bed
0 Bath
4200 Sqft
Status: Active | Days on site: 7
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House Description

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!

Highlights

Listed by Renee Roy , 207-212-3134 Better Homes & Gardens Real Estate/The Masiello Group , 207-782-8311.

Property Type

Commercial Sale

Lot/Acreage
0.54

Year Built

1999

County

Cumberland

Listing ID

1678817

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:0
  • Full Bathrooms:
Appliances:Internet Access Available
Floor:Carpet,Heavy Duty,Laminate,Ceramic Tile
Basement:Bulkhead,Dirt Floor,Partial,Slab,Unfinished,Brick/Mortar
Other:
  • Additional:Storage
Water:Public

Exterior Features

Lot:Public Transport Access
Zoning:B-2B
Roof:Metal,Pitched,Shingle
Sewer:Public Sewer
Parking Features:11 - 20 Spaces,On Site,Paved,Garage
Principal Interest
$4,444
Taxes
$1,290

Home Price

$2,000,000

Loan Details

30 yrs
%

Down Payment

20%
$400,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$4,444.44

Principal

Taxes

Principal Taxes HOA Total
Monthly $4,444.44 $1,289.92 $0.00 $5,734.36
Yearly $53,333.33 $15,479.00 $0.00 $68,812.33
Total $1,600,000.00 $464,370.00 $0.00 $2,064,370.00

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Portland, ME).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.