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Listed by Michael Rogers EXP Realty
$ 1,095,000
Est. payment /mo
Active
484 Forest AVE Portland, ME 04101
1,064 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
Square Footage 1,064 sqft
Price per Sqft $1,029
MLS Listing ID 1673964
HOA Y/N No
Year Built 1942
Tax Year 2024
Lot Size 6,969 Sqft
Acres 0.16
Property Sub-Type Retail
Source Maine Listings
Land Area 1064
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.
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.
Location
State ME
County Cumberland
Zoning B2b
Direction Can't miss it...corner of Dartmouth Street.
Rooms
Basement None, Slab
Interior
Heating Gas Natural, Forced Air
Cooling None
Flooring Concrete
Exterior
Parking Features 11 - 20 Spaces, On Site, Paved
Roof Type Flat,Membrane
Building
Lot Description Bus Line, Business District, Near Turnpike/Interstate
Story 1
Foundation Slab
Water Public
Others
Tax ID PTLD-000116-E000003-000001
