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Second-Floor Office Unit
For Lease
$15.75 SF/Yr

449 Forest Avenue, Portland, ME 04101

Office and retail use are accommodated in a second-floor suite served by an elevator.

Space Size1,037 SF
Property Size46,960 SF
Days on Market37

Property Features for 449 Forest Avenue

General Information

Standard status Active
Size 1,037 SF
Net Rentable 1,037 SF
Class B
Elevators Yes
Property subtype Office - General Office

Space & Availability

Available Space 1,037 SF
Contiguous Space 1,037 SF
Floor 2
Space Use Office

Additional Details

Highway Access Yes

Building Details

Building Size 46,960 SF
Year Built 1977
Units 3

Spaces For Lease

at 449 Forest Avenue Contact us

208 $15.75/SF/Yr

Floor
2
Size
1,037 SF
Type
General Office
Lease Type
Modified Gross
Availability
Immediate
Sublease
No
Renewal Option
Yes
Contact us
Listing Agency: The Boulos Company
Listed By: Cameron Foster
Source: Commercialcafe
Added: Jul 26 Changed: Aug 30 Last Checked: Aug 30 at 1:05PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of The Boulos Company

Investment Insights

Based on property information with market context.

Available for lease at Forest Avenue Plaza, this 1,037± square foot suite supports office or retail use on the building’s second floor. Elevator service provides access to the space, and the property was built in 1977.

The property is located at 449 Forest Avenue in Portland, Maine, with access to I-295. Its Forest Avenue setting places the suite within an established commercial corridor and provides a convenient address for businesses seeking office or retail space.

Key Highlights

  • 1,037± SF office/retail suite
  • Located on the 2nd floor of Forest Avenue Plaza
  • Elevator access to the suite

Property Analytics

Current Use

Baby Booty Workout Gym & Fitness Center Dr. Alyson Maloy Physician Hyla Fahsholtz - TD ... Financial Advisor Theia Skin Studio Medical Clinic SerenityMe Gym & Fitness Center

Suggested Use

Top Pick Locksmith (Bike/Boat/Book/etc) Store Pet Grooming Service Computer & Electronic Repair Clothing & Fashion Store Grocery & Convenience Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access
NNN (Triple Net)
Lease Type
$2.36 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,283
Businesses Nearby

Demographics for 04101, ME

18,109
Population
11,510
Households
1.6
Avg Household Size
36
Median Age
57%
College-Educated
93%
High-School Grad
2.0 sq mi
ZIP Area
9,055
Density / Sq Mi
$60,726
Median Household Income
$45,009
Median Earnings
$1,457
Median Rent
$600,600
Median Home Value

Market

Lease Benchmarks for Portland, ME

$20.65 /SF/Yr
Avg Asking Price
$12–$28 /SF/Yr
Price Range
3,936 SF
Avg Space Size

This space is priced 24% below the average of $20.65 /SF/Yr.

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
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Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office units - Office and retail use are accommodated in a second-floor suite served by an elevator.
Where is this office units located?
The property is located at 449 Forest Avenue Portland, ME.
What is the lease rate?
The lease rate is $15.75 SF/Yr.
What are key features of this property?
This property features: 1,037± SF office/retail suite; Located on the 2nd floor of Forest Avenue Plaza; Elevator access to the suite
More about this property
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