1 Forest Avenue, Portland

Office for Sale
Catylist Listing ID: 30654891
Property Subtypes: Office Building
Building Size (RSF): 5,102 SF
Gross Building Area: See Agent
Sale Price: $725,000
Unit Price: $142.10 PSF
In Opportunity Zone? Yes
Property Use Type: Investment
Class of Space: Class B
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 10/22/2020

Overview / Comments

We are pleased to offer 1 Forest Avenue in Portland for sale. Located in the heart of the Portland’s Arts District, the 5,102± SF property is currently fully leased to a variety of tenants, making it a perfect investment opportunity. The 2,092± SF suite on the first floor can be made available within the next 12 months, which may appeal to an owner/user. Excellent opportunity to own on the peninsula at a reasonable price point.

Additional Details

Nearest MSA: Portland-South Portland
County: Cumberland
Tax ID/APN: Map 037, Block A, Lot 46
Zoning: B3 - DOWNTOWN BUSINESS
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 25,301 78,550 111,093
Median Age: 33.98 38.07 39.15
Households: 13,265 36,466 50,070

Contact

Photograph of Listing Agent

Katherine Allen

NAI The Dunham Group
NECPE Member
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