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    167 Forest Portland, ME 04101

    For Lease
    $23 SF/Yr ($5,017 /Mo)

    Office space for lease in vibrant Portland waterfront area.

    Property size:
    2,618 SF
    Lot size:
    0.86 Acres

    Property Features for 167 Forest

    General Information

    Size
    2,618 SF
    Lot size
    0.86 Acres

    Source: Compass Commercial Brokers, LLC Agent Steve M Baumann

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Fore Street Office Space Available

    Office space is available for lease on the 3rd and 5th floors of a six-story office building located at the corner of Fore and Hancock Streets. The property overlooks Portland’s waterfront and offers creative office layouts. Ample parking is available in nearby lots, garages, and on-street spaces. The location is situated among national and local retailers, office users, and restaurants. The property is suitable for office use.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Ocean Gateway Garage Parking Garage

    Suggested Use

    Restaurant Realty agency Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Law Firm Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Portland
    County
    Cumberland
    State
    Maine
    Longitude
    -70.2484783
    Latitude
    43.6604983

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    FAQs

    What type of property is this?
    Office space - Office space for lease in vibrant Portland waterfront area.
    Where is this office space located?
    The property is located at 167 Forest Portland, ME.
    What is the lease rate?
    The lease rate is $23 SF/Yr.
    What are key features of this property?
    This property features: - Premier office space overlooking Portland's waterfront in a vibrant, rapidly developing area.; - Creative office layouts.; - Exceptional location at the corner of Fore and Hancock Streets.
    (207) 831-4063
    Request Owner's contact information
    167 Forest Portland, ME 04101
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    Portland, ME 04101
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    167 Forest Portland, ME 04101
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