Lot/Land for Sale: 1569 Forest Avenue, Portland, ME 04103

$995,000
$995,000
1569 Forest Avenue, Portland, ME 04103
$995,000
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Price:
$995,000
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Type Lot/Land
Lot Size 0.40 acres
Taxes Paid $10,769
City Portland
County Cumberland
MLS 1589197
Status Active
DOM 54 days
Development site in the desirable Riverton neighborhood. Just under 1/2 +/- acres with over 1 acres of additional land potentially available. Currently in an R3 Zone that abuts B1 Zone. Changing this parcel to B1 is likely and this opens up all kinds of possibilities and even more with re-code. The lot is level, open and enjoys an existing curb cut and full city utilities. Traffic counts are off the charts so a first floor retail or restaurant are a no brainer. With existing B1 zoning, you can build to 45' and in the proposed zoning it jumps to 50'. Add in the potential for a 2.5X unit bonus (the result of LD2003 if you provide affordable units) and this becomes one of the most attractive sites in Greater Portland.

Lot & Building Features

Tax Year 2023
Taxes Paid $10,769

Price History of 1569 Forest Avenue, Portland, ME

Date Name Price Difference
05/10/2024 Listing Price $995,000 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.

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Photo of Tucker Toppan
Direct: 603-205-5701
Office
560 High Street
Hampton, NH 03842
603-929-1100
Listed by Benchmark Real Estate, Thomas Landry 207-775-0248
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1569 Forest Avenue (MLS #1589197) is a lot/land listing located in Portland, ME. This is a lot/land listing with a lot of 17,424 sqft (or 0.40 acres). This property was listed on 05/10/2024 and has been priced for sale at $995,000.

Nearby zip codes are 04011, 04092, 04101, 04102 and 04105. This property neighbors other cities such as Falmouth, Scarborough, South Portland, Westbrook and Windham.

MREIS

Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation.

All information provided is deemed reliable but is not guaranteed and should be independently verified.

Listing information courtesy of: Benchmark Real Estate

Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, non-commercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. ©2024 Maine Real Estate Information System, Inc. All Rights Reserved. This web site does not display complete Maine Listings. Certain Maine Listings of other real estate brokerage firms have been excluded.