1087 Forest Ave - Office FOR SALE


Portland, ME 04103- North Deering
$1,200,000 USD
207-558-0898
1087 Forest Ave, Portland, ME for Sale
$1,200,000 USD
Office - FOR SALE
1/7
null | Request Cap Rate

1087 Forest Ave
Portland, ME 04103
North Deering


OVERVIEW

This high-visibility ±6,084 SF office building is located on the prominent corner of Forest Avenue and Read Street, offering excellent exposure with an average daily traffic count of 22,570 vehicles per MDOT. Approximately ±4,000 SF is available for an owner-occupier, with additional income generated from an existing tenant occupying ±1,500 SF. The property is conveniently situated just 2.3 miles, or an eight-minute drive, from the Portland Peninsula and is offered for sale at a price of $1,200,000.

FOR SALE DETAILS

PRICE

$1,200,000 USD

PRICE/SF

$197 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1982

SPRINKLERS

-

PARKING SPACES

17

LAND DETAILS

LAND ACRES

0.25 AC

LAND SF

10,890 SF

ZONING

B2

APN/PARCEL ID

PTLD-000146-000000-F007001

ASK ABOUT THIS PROPERTY

Anthony StruzzieroPorta & CompanyMore Info
207-558-0898

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Anthony StruzzieroPorta & CompanyMore Info
207-558-0898

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.