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Property profile & analytics

449 Frst Ave Portland, ME 04101-2029

  • Retail space
  • 46,960 SF
  • 3.57 lot acres
OFF-MARKET
Value Estimations
$1,145,000
Show details
Cap Rate Potential
Location Intelligence
Property ID
US42-0277819
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

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Property Details for 449 Frst Ave

Year built
1977
Lot size
3.57 lot acres
Property size
46,960 SF
Property type
Retail space
APN
PTLD M:111 B:A016002
APU
PTLDM111BA016002

Description

This exceptional retail opportunity is located at 449 Forest Ave, Portland, ME, 04101, in the heart of Cumberland County. The property, known as Forest Avenue Plaza, boasts a total of 46,960 square feet across two stories and was constructed in 1977. Currently, there is 5,390 square feet of vacant space available for lease, presenting a unique chance for expansion or new business establishment. One immediately available space comprises 990 square feet. Additionally, a 1,444 square foot office/retail space is available on the second floor. The property is zoned B-2B Community Business Zone, allowing for a variety of commercial uses. The building features multiple tenancies, providing a vibrant and diverse environment. Its convenient location on Forest Avenue, near Dartmouth Street, ensures high visibility and accessibility for customers. This property offers a compelling investment opportunity for businesses seeking a well-established location in a thriving Portland neighborhood. The building's size and layout provide flexibility for various business needs, making it an ideal choice for both established companies and startups. Interested parties should inquire about available space and lease terms.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    ML approach
    $1,145,000

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Portland
County
Cumberland
State
Maine
Longitude
-70.2766
Latitude
43.6666
CBSA code
38860
CBSA name
PORTLAND-SOUTH PORTLAND-BIDDEFORD, ME METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$71,815
$1,883,600
$3,100,100
$4,983,700
-
$0.00
$0.00
$0.00
More about this property
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