448 Forest Ave Portland, ME 04103
- Retail properties
- 13,888 SF
Current Use by Public Records
- Haven's Candies / Dessert Shop / Chocolate Shop
Property Details for 448 Forest Ave
- Year built
- 1942
- Property size
- 13,888 SF
- Property type
- Retail properties
- Property subtype
- Restaurants
Description
This exceptional retail opportunity is located at 448 Forest Avenue in Portland, Cumberland County, Maine. The property comprises a single-story, 13,888 square foot building constructed in 1942, currently divided into three suites. A significant portion of the building, totaling 1,675 square feet, is currently vacant and available for lease. This space is ideally suited for restaurant use, featuring a pre-installed walk-in cooler, a legacy from its previous tenant, the Pizza Joint. The building enjoys a prime location on Forest Avenue, boasting excellent visibility and ample signage opportunities. Daily traffic counts on Forest Avenue exceed 19,420 vehicles, ensuring high exposure for any business. The property's convenient location is further enhanced by its proximity to I-295, just half a mile away. On-site parking is available for customers and employees. This retail center is already home to established businesses such as Norway Savings and Haven's Candy, creating a synergistic environment for new tenants. The available space presents a unique chance to establish a thriving business in a high-traffic, well-established commercial area. The building's history as a successful restaurant adds to its appeal, offering a ready-made infrastructure for a similar venture.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Portland
- County
- Cumberland
- State
- Maine
- Longitude
- -70.2771
- Latitude
- 43.6662
