503-509 Forest Avenue, Portland
Retail-Commercial
for Lease
Also listed as Office
| Catylist Listing ID: |
30827757 |
| Property Subtypes: |
Convenience Store, Free-Standing Building, Mixed Use, Restaurant, Street Retail, Other
|
| Contiguous Space: |
1,268 - 6,313 SF |
| Total Available: |
9,537 SF |
| Building Size (RSF): |
73,750 SF |
| Gross Building Area: |
See Agent |
| Gross Land Area: |
0.61 Acres
|
| Lease Rate: |
$10 - 15 PSF (Annual)
|
| Base Monthly Rent: |
$1,056 - 7,891 |
| Lease Types: |
NNN |
| Last Updated: |
7/15/2024 |
Overview / Comments
1,268 - 6,313± SF of first floor retail/office/flex space available for lease.
The space features great visibility, with high traffic counts on Forest Ave (22,180 MDOT).
Ideal for showroom and storage.
Upper floors to be converted to residential units.
Exterior to be restored to its historic design.
Lease Rate: $10.00-15.00/SF NNN
|
| Level/Floor: |
1 |
| Space Available: |
6,313 SF |
| Lease Rate: |
$10 - 15 PSF (Annual)
$5,260 - 7,891 (Monthly)
|
| Lease Type: |
NNN |
| Space Subcategory: |
Office Building, Industrial-Business Park |
| Date Available: |
12/15/2022 |
| Space Type: |
New |
| Tax Expenses |
$0.01 PSF (Annual) |
| CAM Expenses |
$5.50 PSF (Annual) |
| Level/Floor: |
1 |
| Space Available: |
1,268 SF |
| Max Contiguous: |
3,224 SF |
| Lease Rate: |
$10 - 15 PSF (Annual)
$1,056 - 1,585 (Monthly)
|
| Lease Type: |
NNN |
| Date Available: |
5/29/2024 |
| Space Type: |
Relet |
| Tax Expenses |
$0.01 PSF (Annual) |
| CAM Expenses |
$5.50 PSF (Annual) |
| Level/Floor: |
1 |
| Space Available: |
1,956 SF |
| Max Contiguous: |
3,224 SF |
| Lease Rate: |
$10 - 15 PSF (Annual)
$1,630 - 2,445 (Monthly)
|
| Lease Type: |
NNN |
| Date Available: |
5/29/2024 |
| Space Type: |
Relet |
| Tax Expenses |
$0.01 PSF (Annual) |
| CAM Expenses |
$5.50 PSF (Annual) |
Additional Details
| Nearest MSA: |
Portland-South Portland |
| County: |
Cumberland |
| Taxing Authority: |
Cumberland County |
| Tax ID/APN: |
Map 127, Block A, Lot 2 |
| Zoning: |
B2B - BUSINESS COMMUNITY |
| Retail Clientele: |
General, Family, Business, Tourist, Convention, Other |
| Property Visibility: |
Excellent |
| Largest Nearby Street: |
Forest Avenue |
| Traffic/Vehicle Count: |
22,180 |
| Highway Access: |
I-95 |
| Airports: |
PMW |
| Tenancy: |
Multiple Tenants |
| Total Number of Buildings: |
1 |
| Number of Stories: |
2 |
| Property Condition: |
Good |
| Roof Type: |
Flat |
| Exterior Description: |
Exterior to be restored to its historic design. |
| Parking Type: |
Underground |
| Parking Description: |
Available in rear of building on Indian Lane and in Landlord-owned garage in lower level. See broker for details. |
| Heat Type: |
Natural Gas |
| Heat Source: |
Central |
| Zoning Description: |
B2b - Business Community |
| Lot Frontage: |
N/A |
| Water Service: |
Municipal |
| Sewer Type: |
Municipal |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
23,164 |
83,909 |
123,475 |
| Median Age: |
35.35 |
37.93 |
39.23 |
| Households: |
11,166 |
38,840 |
55,085 |
|
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The information presented herein is provided as is, without warranty of any kind.
Neither New England Commercial Property Exchange nor
Moody's assume any liability for errors or omissions.
|
