$995,000
Active
12 Days Online
0 Beds0 Baths0 SQFT
Active

1569 Forest Avenue Portland, ME 04103

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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.

  • Property TypeLand
  • NeighborhoodN/A
  • CountyCumberland
  • Taxes$10,769
  • HOA/Condo/Coop Fees$0
  • Days on Site12 Days
  • MLS StatusActive
  • MLS ID Number1589197
  • Home Size Source N/A
  • Year BuiltN/A
  • Lot Size0.4 Acres
  • Full BathsN/A
  • Partial BathsN/A

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General Features

  • Parking No DrivewayNone
  • Sewer Public Sewer
  • Acreage 0.4
  • Water Public
  • Zoning R3

Exterior Features

  • Waterfront Property No
  • Lot LevelOpen LotSidewalksLandscapedNear Golf CourseNear Public BeachNear ShoppingNear TownNear Railroad

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Monthly Payment (Est.)

$5,307
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