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Property profile & analytics
OFF-MARKET
Office Spaces

1037 Forest Ave Portland, ME 04103

44,919 SF 5.37 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Office Spaces
Total area 44,919 SF
Lot 5.37 ac (233,917 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Portland Fencing Center Sports School
  • Pets On Point (Bike/Boat/Book/etc) Store Pet Store & Service
  • BBI Solutions - Maine Corporate Office
  • Granite Bay Care Nursing Home Retirement Community
  • Medina Market Grocery & Convenience Store
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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