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    208 Forest Portland, ME 04101

    For Lease
    $20 SF/Yr

    Prime Portland Office, 4 Suites Available

    Lot size:
    13,192 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional 13,192 square foot executive office building at 208 Fore Street in Portland, Maine, presents a unique leasing opportunity. Built in 1988, the property offers four individual suites, ranging from a minimum of 2,072 square feet to a maximum contiguous space of 4,266 square feet. Currently, the entire 13,192 square feet is available for lease. The building sits on a 0.295-acre lot and boasts 23 on-site parking spaces, a significant advantage in the vibrant Portland market. The property features elevators for convenient access to all floors. Its location in the heart of Portland's India Street neighborhood provides high visibility and easy access to I-295 via the Franklin Arterial. Enjoy stunning water views from this desirable location. The property is zoned IS-FBC (India Street Form Based) and DEOZ (Downtown Entertainment District), offering flexibility for a variety of business uses. This standalone building offers flexible lease terms, making it an ideal choice for businesses seeking a prominent Portland address. The building's prime location and ample parking make it a highly attractive option for companies seeking a prestigious and convenient office space. Contact us today to learn more about this exceptional opportunity.

    Property Features for 208 Forest

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    13,192 SF
    Total Rate
    21986.67

    Building Details

    Year Built
    1988

    Unit(s) available at that property

    Space
    First Floor
    Size
    2,621 SF
    Rate per SF
    $20
    Space
    Second Floor
    Size
    4,266 SF
    Rate per SF
    $20
    Space
    Third Floor
    Size
    4,233 SF
    Rate per SF
    $20
    Space
    Additional basement space
    Size
    2,072 SF
    Rate per SF
    $20

    HighLights

    • Free‑standing office building.
    • On‑site parking available.
    • Stunning ocean views.
    • Flexible lease options.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Elite Airways Airline Hirshon Law Group ... Attorney

    Suggested Use

    Restaurant Realty agency Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Law Firm Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Portland
    County
    Cumberland
    State
    Maine
    Longitude
    -70.249658
    Latitude
    43.6595364

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    FAQs

    What type of property is this?
    Office Property / Space - Prime Portland Office, 4 Suites Available
    Where is this office property / space located?
    The property is located at 208 Forest Portland, ME.
    What is the lease rate?
    The lease rate is $20 SF/Yr.
    What are key features of this property?
    This property features: Free-standing office building.; On-site parking available.; Stunning ocean views.
    Request Owner's contact information
    208 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
    208 Forest Portland, ME 04101
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