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    796 Forest Ave Portland, ME 04103

    For Sale
    $445,000

    Well-maintained 1,608± SF office building with signage opportunity.

    Property size:
    1,608 SF
    Lot size:
    0.06 Acres

    Property Features for 796 Forest Ave

    General Information

    Size
    1,608 SF
    Lot size
    0.06 Acres

    Source: The Boulos Company Agent Joseph Italiaander

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

    Overview

    Professional Office Building For Sale

    This is a 1,608± square foot office building available for sale. The well-maintained professional space is suitable for a small business. A new roof is scheduled to be installed in 2025. The property offers signage opportunities on Forest Avenue, which experiences traffic counts exceeding 21,000± vehicles per day.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Peter Greene & Associates Employment Agency

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Portland
    County
    Cumberland
    State
    Maine
    Longitude
    -70.2867433
    Latitude
    43.6752095

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    FAQs

    What type of property is this?
    Office building - Well-maintained 1,608± SF office building with signage opportunity.
    Where is this office building located?
    The property is located at 796 Forest Ave Portland, ME.
    What is the asking price?
    The asking price for this property is $445,000.
    What are key features of this property?
    This property features: - High traffic location on Forest Avenue (21,000± vehicles/day); - Well-maintained professional office space; - Great signage opportunity
    (404) 933-7844
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    Portland, ME 04103
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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
    796 Forest Ave Portland, ME 04103
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