Ground-Floor Medical Office Suite
45 Forest Falls Dr Yarmouth, ME 04096
For Sale
Contact for pricing
Ground-floor Class A medical office suite with reception and waiting areas, plus shared paved parking on 1.6 acres.
Property Size4,764 SF
Price / SF$198.36
Days on Market359
Property Features for 45 Forest Falls Dr
General Information
Standard status
Active
Size
4,764 SF
Property subtype
OFFICE
Listing Agency:
Akers Associates, Inc.
(207) 774-8300
Listed By:
Andrew Juris
(207) 774-8300
Source:
Moodyscre
Added: Aug 6, 2025
Changed: Jul 29
Last Checked: Jul 29 at 11:49AM
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 Akers Associates, Inc.
Investment Insights
Based on property information with market context.
45 Forest Falls Drive, Suite 1-A in Yarmouth, Maine is located in a multi-use professional medical/office condominium building on 1.6 acres. The available Class A space is situated on the ground floor and is designed for professional medical/office use.
The suite includes a combination of large open spaces, individual offices, reception, and waiting areas. Additional amenities include two kitchenettes and three private handicapped bathrooms. A portion of the space, 2,400 SF, is available for immediate occupancy.
The building is situated off US Route 1 and Interstate 295, with shared on-site paved parking serving the property.
The suite includes a combination of large open spaces, individual offices, reception, and waiting areas. Additional amenities include two kitchenettes and three private handicapped bathrooms. A portion of the space, 2,400 SF, is available for immediate occupancy.
The building is situated off US Route 1 and Interstate 295, with shared on-site paved parking serving the property.
Key Highlights
- Class A ground‑floor medical/office suite, Suite 1‑A
- Large open areas plus individual offices, reception, and waiting areas
- Two kitchenettes and three private handicapped bathrooms
Financial Insights For Healthcare Medical
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $128.6k | $27.00 |
| − Vacancy | −$13.0k | −$2.72 |
| EGI | $115.6k | $24.28 |
| − OpEx | −$46.3k | −$9.71 |
| NOI | $69.4k | $14.57 |
4,764 SF · lease $27.00/SF/yr · vacancy 10.09% · expense 40.00%
Alternative Uses
Best Use
Healthcare Medical
$991.3K
$867.4K – $1.16M
NOI $69,390 @ 7.0% cap · market cap 7.34%
Second Best
Office B
$974.3K
$852.5K – $1.14M
NOI $68,202 @ 7.0% cap · market cap 7.22%
Theoretical Best
Office A
$1.31M
$1.15M – $1.53M
NOI $91,657 @ 7.0% cap · market cap 9.70%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Similar Off Market Nearby
- Becka Samson, DVM — 75 willow st, yarmouth, me 04096
- Yarmouth Veterinary Center — 75 Willow St, Yarmouth, ME 04096
- Holistic Healing For Animals — 251 Main St #2, Yarmouth, ME 04096
Frequently Asked Questions
What type of property is this?
Medical Office Space - Ground-floor Class A medical office suite with reception and waiting areas, plus shared paved parking on 1.6 acres.
Where is this medical office space located?
The property is located at 45 Forest Falls Dr Yarmouth, ME.
What is the asking price?
The asking price for this property is $945,000.
What are key features of this property?
This property features: Class A ground‑floor medical/office suite, Suite 1‑A; Large open areas plus individual offices, reception, and waiting areas; Two kitchenettes and three private handicapped bathrooms
