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    FOR LEASE
    Retail space

    424 Forest, Portland, ME 04101

    10,875 SF 0.05 ac lot Built 1900
    Entity Owned Absentee Owner Free & Clear
    Property ID
    US42-0101301
    Property summary
    AI-generated overview

    This exceptional 10,875 square foot traditional office building, located at 424 Fore Street in Portland, Maine's vibrant Old Port district, presents a unique opportunity. Built in 1900, this three-story building offers a blend of historic charm and modern functionality. Currently, 3,050 square feet of contiguous office space is immediately available, representing a significant portion of the building's total area. The minimum divisible space is also 3,050 square feet, making it ideal for a single tenant seeking a substantial presence in the heart of Portland. The building is zoned B3, providing flexibility for a variety of commercial uses. Its location in Cumberland County, with a Portland, ME 04101 zip code, ensures easy access to the city's amenities, transportation networks, and thriving business community. The building's single structure and traditional office subtype offer a classic and established feel, perfect for businesses seeking a prestigious address. This is a rare opportunity to secure a substantial and well-located office space in a highly desirable area. Inquire today to learn more about this exceptional property.

    Property profile
    Verified
    Property type Retail space
    Use group RETAIL STORES (PERSONAL SERVICES)
    Year built 1900
    Total area 10,875 SF
    Lot 0.05 ac (2,078 SF)
    APN PTLD M:032 B:N012001
    UPID US42-0101301
    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
    • Casco Bay Engineering Engineering Consultant
    • CruiseMaine Travel Agency
    • Cushman Mary T Family Counselor
    • CS Boutique (Condom Sense Inc.) Clothing & Fashion Store
    • Cushman & Cushman Family Counselor
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $1.24M
    Owner & transaction history
    SOLETSKY LLC
    SOLETSKY LLC
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    More about this property
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