Listing Courtesy of: Jeffrey Davis - Town & Shore Real Estate 207-773-0262
$2,895,000 affordable loan icon

1190 Avenue Portland, ME 04103

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Multi-Family Residence
Beds
Baths
15,126 Sq. Ft.
0.47 Acre Lot

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Last updated on 1/7/2025 12:52 PM
100% occupied brick 15,126 square foot mixed-use property. This historic building has undergone major renovation with new storefronts, windows, heating, plumbing, electrical, etc. The first floor is comprised of six retail storefronts currently configured for 5 tenants. Facing busy Forest Avenue and... Bishop Street, property offers visibility on one of the busiest intersections in the state of Maine. The second floor is new residential, comprised of 25 rooming units and common areas. The rear of the building offers parking and a loading dock. In addition, a separate .1825-acre, 20+ space parking lot is being conveyed with possible development opportunity. Current professional management is also available to the new owner if desired. Excellent financials, ideal for 1031 exchange investment. Close to many area restaurants, stores, businesses, and the University of New England. Also Listed Commercial MLS #1611107 Continue reading
MLS#
1611104
Property Type
Multi-Family
Year Built
1900
Square Feet
15,126 sq. ft
Lot Size
0.47

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Listing Courtesy of: Jeffrey Davis - Town & Shore Real Estate 207-773-0262
Andrea Conner, License DB922721, Xome Inc., License AC90602770, [email protected], 844-400-XOME (9663), 750 Highway 121 Bypass, Suite 100, Lewisville, Texas 75067


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. © 2025 Maine Real Estate Information System, Inc. All Rights Reserved.
This content last refreshed on 1/7/2025 12:52 PM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
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