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    373 Forest Portland, ME 04101

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    For Lease
    $26 SF/Yr ($16,562 /Mo)

    Prime retail location in the heart of Portland's waterfront district.

    Property size:
    7,500 SF
    Lot size:
    0.05 Acres

    Property Features for 373 Forest

    General Information

    Size
    7,500 SF
    Lot size
    0.05 Acres

    Source: CORE Agent Andre Rossignol

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

    Overview

    Iconic Old Port Retail Space

    This historic brick building, formerly home to Henry’s Public House, Bull Feeney’s, and The Seaman’s Club, is now available for lease. Situated in the heart of Portland’s waterfront district, the property benefits from a Walk Score of 99, indicating high foot traffic from locals, tourists, and cruise ship passengers throughout the year. The 7,500-square-foot space is surrounded by renowned restaurants, retail shops, and hospitality businesses. It features distinctive architectural character, including exposed brick, original wood beams, and large street-facing windows. This location is suitable for food and beverage, entertainment, or creative retail uses aiming to establish a presence in a prominent New England destination.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Realty agency Dental Office Spa & Massage Restaurant Hair Salon Nail Salon Building Supply Daycare Center Auto Repair Shop Skin Care Clinic

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

    Location Insight

    • Map
    • Local Demand
    City
    Portland
    County
    Cumberland
    State
    Maine
    Longitude
    -70.2529752
    Latitude
    43.6566764

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    FAQs

    What type of property is this?
    Retail space - Prime retail location in the heart of Portland's waterfront district.
    Where is this retail space located?
    The property is located at 373 Forest Portland, ME.
    What is the lease rate?
    The lease rate is $26 SF/Yr.
    What are key features of this property?
    This property features: - Unmatched foot traffic due to prime location in the heart of Portland's waterfront district.; - Historic brick building with distinctive architectural character featuring exposed brick, original wood beams, and large street-facing windows.; - Exceptional walkability to amenities and attractions with a Walk Score of 99.
    (207) 484-8258
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    373 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
    373 Forest Portland, ME 04101
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