United StatesMainePortland1569 Forest Avenue

1569 Forest Avenue
Portland, ME 04103

$995,000
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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...
.4 Acres
Exterior
Land
Property type
1589197
Web Id
1589197
MLS ID
Portland
School District

About 1569 Forest Avenue

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.

"Listing Courtesy of Benchmark Real Estate, MREIS MLS"

PROPERTY INFORMATION

Parking Description
No Driveway, None
Sewer
Public Sewer
Water
Public

EXTERIOR

Lot Description
Level, Open Lot, Sidewalks, Landscaped, Near Golf Course, Near Public Beach, Near Shopping, Near Town, Near Railroad
Listing Courtesy of Benchmark Real Estate
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Benchmark Real Estate

Listing Courtesy of Benchmark Real Estate
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