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 |
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 |
|
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