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    144 Forest Portland, ME 04101

    Sponsored
    For Lease
    $17 SF/Yr

    Prime Portland office, retail space available

    Lot size:
    19,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    144 Fore Street offers 19,000 square feet of flexible office and retail space in Portland, Maine's vibrant Eastern Waterfront. This two-story, 1963-built building features multiple spaces available, ranging from 2,000 to 19,000 contiguous square feet, perfect for a variety of businesses. The property boasts water views, private offices, and open areas, ideal for traditional, medical, or creative office uses. Planned renovations will further enhance the interior and exterior appeal. Located in the B6 zoning district (APN: 05170_019 A008), the building enjoys excellent visibility and proximity to major employers like WEX, Covetrus, Woodard & Curran, and the Roux Institute, as well as cultural attractions such as Elizabeth Moss Galleries and Fore Points Marina. This is an exceptional opportunity for businesses seeking a prominent location in a rapidly growing area of Portland's East End. The building has one structure with two stories, but lacks elevators. Multiple tenants are currently accommodated.

    Property Features for 144 Forest

    General Information

    Property type
    Office space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    19,000 SF
    Total Rate
    27708.33

    Building Details

    Year Built
    1963
    Buildings
    1
    Stories
    2

    Unit(s) available at that property

    Space
    Available Space 1
    Size
    2,000 SF
    Rate per SF
    $21
    Space
    Available Space 2
    Size
    3,900 SF
    Rate per SF
    $21
    Space
    Available Space 3
    Size
    9,500 SF
    Rate per SF
    $21
    Space
    Available Space 4
    Size
    19,000 SF
    Rate per SF
    $21

    HighLights

    • 19,000 square feet of flexible office and retail space in Portland, Maine's Eastern Waterfront.
    • Two‑story building (1963 construction) with multiple spaces available, ranging from 2,000 to 19,000 contiguous square feet.
    • Water views, private offices, and open areas suitable for various uses.
    • Planned renovations to enhance interior and exterior.
    • Located in the B6 zoning district (APN: 05170_019 A008), near major employers and cultural attractions.
    • No elevator. Currently multi‑tenant.
    Property Profile Location Intelligence

    Current Use by Public Records

    Trine Bodywork Massage Therapist Dr. Renato Medrano, ... Internist Maine Academy of Modern ... Music School Macomber Inc Photographer Touch of Joy LLC Massage Therapist

    Suggested Use

    Realty agency Dental Office Spa & Massage Hair Salon Restaurant Nail Salon Building Supply Daycare Center Auto Repair Shop Kitchen & Bath

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

    Location Insight

    • Map
    • Local Demand
    City
    Portland
    County
    Cumberland
    State
    Maine
    Longitude
    -70.248076835865
    Latitude
    43.66077337007

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    FAQs

    What type of property is this?
    Office space - Prime Portland office, retail space available
    Where is this office space located?
    The property is located at 144 Forest Portland, ME.
    What is the lease rate?
    The lease rate is $21 SF/Yr.
    What are key features of this property?
    This property features: 19,000 square feet of flexible office and retail space in Portland, Maine's Eastern Waterfront.; Two-story building (1963 construction) with multiple spaces available, ranging from 2,000 to 19,000 contiguous square feet.; Water views, private offices, and open areas suitable for various uses.
    Request Owner's contact information
    144 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
    144 Forest Portland, ME 04101
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