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
Book: 31514
Leased Land: No
Page: 294
Map: 142
Block: E
Lot: 3
Zoning Overlay: Unknown
Association Y/N: No
Street #: 938
Street Name: Forest
Street Type: Avenue
County: Cumberland
Town: Portland
State/Province: ME
Zip Code: 04103
Zip +4: 4123
Zoning: RP
Full Tax Amount $: 6133
Tax Year: 2022
Geo Lat: 43.679703
Geo Lon: -70.289248
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
Lot Size Acres +/-: 0.58
Year Renovated +/-: 1939
Tenancy: Multiple Tenants
Leases: Yes
Total # Floors: 2
Year Built: 1900
SqFt Finished Total: 2637
Location
Bus Line: 1
Near Turnpike/Interstate: 1
Public Transport Access: 1
Commercial Bldg Information
Ceiling Height +/-: 8
Gross Income: 59880
Operating Expenses: 18784
Property Uses
Office Building: 1
Special Purpose: 1
Warehouse: 1
Construction
Wood Frame: 1
Basement
Full: 1
Foundation Materials
Brick/Mortar: 1
Stone: 1
Exterior
Clapboard: 1
Shingle Siding: 1
Wood Siding: 1
Roof
Shingle: 1
Heat System
Hot Water: 1
Steam: 1
Heat Fuel
Gas Natural: 1
Oil: 1
Cooling
None: 1
Floors
Carpet: 1
Tile: 1
Vinyl: 1
Wood: 1
Parking
Off Site: 1
Paved: 1
Electric
Circuit Breakers: 1
Gas
Natural - On Site: 1
Sewer
Public Sewer: 1
Water
Public: 1
Sold Info
Appraiser Email Address: George@TheArcCo.Com
Contract Information
Status: Closed
Original List Price: 1475000
Sold Price: $650,000
Current Price: $650,000
Status Change Info
Pending Date: 2023-08-10
Closed Date: 2023-09-08
Closed Price: 650000
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
Documents
Listing Office: Town & Shore Real Estate
Last Updated: January - 15 - 2025

Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. Copyright ©2022 Maine Real Estate Information System, Inc. All Rights Reserved. Equal Housing Opportunity.