1037 Forest Ave Portland, ME 04103
This exceptional office property, located at 1037 Forest Avenue in Portland, Maine, offers a versatile workspace ideal for businesses seeking a prominent location. The single building encompasses 44,919 square feet, situated on a generous 5.37 acres of land. Currently, 10,000 square feet of contiguous office space is immediately available for lease, divisible into units as small as 5,000 square feet, catering to a range of business needs. The property is zoned B2b - Business Community, ensuring flexibility for various commercial uses. Its convenient location is less than three miles from downtown Portland, providing easy access to the city's amenities and vibrant business district. The property features a traditional office layout, but is also suitable for creative or executive office spaces, offering adaptability to suit diverse business styles. Multiple tenancy options are available, making it suitable for both single and multi-tenant occupancy. The property's address is 142-C-1, 147-A-1 (APN) in Cumberland County, Maine, zip code 04103. This presents a rare opportunity to secure high-quality office space in a desirable Portland location. The building's size and layout offer significant potential for growth and expansion. Inquire today to learn more about this exceptional leasing opportunity.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.