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Colleen Lundgren, M.S.

colleen@colleenlundgren.com +1(207) 671-6026

Listed by Renee Roy Better Homes & Gardens Real Estate/The Masiello Group

$ 2,000,000

Est. payment | -/mo

4 Baths

2,076 SqFt

Save Virtual Tour

$ 2,000,000

Est. payment | -/mo

Save Virtual Tour

4 Baths

2,076 SqFt

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,076 sqft

Price per Sqft $963

MLS Listing ID 1678820

Full Baths 4

HOA Y/N No

Year Built 1980

Tax Year 2025

Lot Size 0.540 Acres

Acres 0.54

Source Maine Listings

Land Area 2076

Property 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!

Location

State ME

County Cumberland

Zoning B-2B

Direction West on Forest Avenue, after Woodfords' Corner property on the right, just after Papa Johns. Its the fenced in area.

Rooms

Other Rooms Shed(s)

Basement Bulkhead, Dirt Floor, Slab, Partial, Unfinished, Brick/Mortar

Interior

Interior Features 1st Floor Bedroom, Storage

Heating K-1/Kerosene, Direct Vent Furnace

Cooling None

Flooring Carpet, Laminate, Ceramic Tile

Equipment Internet Access Available

Fireplace No

Laundry Washer Hookup

Exterior

Parking Features Paved, 11 - 20 Spaces, On Site

Garage Spaces 1.0

Fence Fenced

View Trees/Woods

Roof Type Metal,Pitched,Shingle

Porch Deck

Garage Yes

Building

Lot Description Intown, Near Shopping, Near Railroad, Level, Open Lot, Sidewalks

Story 2

Foundation Granite, Poured Concrete, Slab, Brick/Mortar

Water Public

Architectural Style New Englander

Level or Stories 2

Others

Tax ID PTLD-000137-C000004-000001

Virtual Tour https://www.propertypanorama.com/instaview/mreis/1678820

Nearby Locations

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(207) 671-6026

colleen@colleenlundgren.com

63 Federal St, Portland, ME 04101, USA

829 Forest AVE Portland, ME 04103

Colleen Lundgren, M.S.

Key Details

Location

Rooms

Interior

Exterior

Building

Others

Nearby Locations

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829 Forest AVE