1851 Washington Ave Portland, ME 04103

Property Details for 1851 Washington Ave

Year built

1950

Lot size

0.92 lot acres

Property size

7,215 SF

Property type

Schools

Property subtype

Churches & religious facilities

Description

This exceptional 7,215 square foot mixed-use property, located at 1851 Washington Ave in Portland, Maine's North Deering area, presents a unique investment opportunity. Situated on a 0.92-acre lot, this property features two buildings, each two stories high, built in 1950 and currently zoned R-3. The property includes six bedrooms, five full bathrooms, and one half bathroom, offering ample space for various configurations. The main building boasts multiple large living areas suitable for residential or commercial use, while a sizable basement provides additional storage. Exterior features include a fenced backyard, perfect for recreation or outdoor activities, and a four-car drive-through garage offering convenient parking and accessibility. The property also includes ten parking spaces. Its proximity to I-95 and the Falmouth Spur ensures easy access to major transportation routes. The property's versatility makes it suitable for a range of uses, from multi-generational living and short-term rentals (currently licensed) to a wellness center or other commercial ventures. The asking price is $1,250,000, with an occupancy date of October 31, 2024. This property offers a rare blend of residential comfort and commercial potential in a desirable Portland location. The adjacent municipal ball field provides a tranquil and recreational setting.