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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

629 Forest Ave Portland, ME 04101

10,853 SF Built 1910
Property ID
Property summary
AI-generated overview

This exceptional 575 square foot street-level retail or office space is ideally situated on Forest Avenue, near Woodford's corner, ensuring excellent visibility and high traffic counts. Located within a larger building totaling 10,853 square feet, this Class B property, built in 1910, offers a flexible layout perfect for a variety of businesses. The space is available for lease at a monthly rate of $950. Utilities are tenant-responsible, including heat and electricity; the unit features an energy-efficient heat pump for air conditioning. The building itself is a multi-tenant property situated in Cumberland County. This prime location provides unparalleled access and frontage, making it an attractive opportunity for businesses seeking high visibility and convenient access for customers and employees. The space is perfect for a business needing a smaller footprint with excellent street presence. This is a rare opportunity to secure a well-located, affordable space in a thriving area.

Property profile
Verified
Property type Retail properties & Spaces
Year built 1910
Total area 10,853 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
  • McIlwain Barber Shop
  • Cordell's Barbershop Barber Shop
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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