Office Space
1 Forest Avenue Portland, ME 04101
Details & Description
Price: $725,000
    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 leased to a variety of tenants, making it a perfect investment opportunity. The 2,092± SF suite on the first floor is available, which may appeal to an owner/user. Excellent opportunity to own on the peninsula at a reasonable price point.
    Listing Agents
    Thomas Moulton

    O: 207-773-7100
    tmoulton@dunhamgroup.com
    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    1 Forest Avenue

    Portland, ME 04101

    Listing ID: 232051
    1 Forest Avenue Portland, ME 04101 | for Sale | Photo 1
    Building Size: 5,102 SF
    Lot Size: 0.480 AC
    Land Size: 20,908 SF
    Building $/SF: $142.10
    Land $/SF: $34.68
    Price
    $725,000
    Description

    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 leased to a variety of tenants, making it a perfect investment opportunity. The 2,092± SF suite on the first floor is available, which may appeal to an owner/user. Excellent opportunity to own on the peninsula at a reasonable price point.

    Attachments & Files

    Points of Interest & Demographic Radii

    Points of Interest
    Demographic Radii
    POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.
     
    Portland History of Office Space for Sale

    Loan and Amortization Calculator

    Listing Price
    Down Payment

    Loan Amount:
    Interest Rate:
    Term (months):

    Your Monthly Payment

    $0.00

    Total Principal: --

    Total Interest: --

    Total Cost: --

    Portland Area Market Trends

    Listing Demographics for 1 Forest Avenue Portland, ME 04101

    All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

    1-Mile 3-Miles 5-Miles
    Total Population23,33785,178134,042
    Population Median Age384041
    Population by Age0-9 Yrs1639 (7%)7147 (8%)12170 (9%)
    10-19 Yrs1507 (6%)7519 (8%)13217 (9%)
    20-29 Yrs6229 (26%)15999 (18%)21425 (15%)
    30-39 Yrs4540 (19%)13757 (16%)19100 (14%)
    40-49 Yrs2762 (11%)10450 (12%)16362 (12%)
    50-59 Yrs2518 (10%)11349 (13%)19399 (14%)
    60-69 Yrs2502 (10%)10038 (11%)16776 (12%)
    70+ Yrs1641 (7%)8919 (10%)15595 (11%)
    Median HH Income$45,089$60,727$66,677
    Total Household Income< 24K3685 (30%)8353 (21%)11225 (18%)
    25-49K2956 (24%)8401 (21%)11760 (19%)
    50-74K2070 (16%)7020 (17%)10461 (17%)
    75-99K1286 (10%)5352 (13%)8293 (13%)
    100-199K1616 (13%)8065 (20%)13645 (22%)
    200K+585 (4%)2570 (6%)4916 (8%)
    Highest Education LevelNo Diploma156143525676
    Diploma or GED26131072716997
    Some College33891095716733
    Assoc. Degree99647377503
    Bachelors Degree59122004030788
    Higher Degree34051332121971
    Total Housing Units13,67644,73670,006
    --Owner-Occupied2,67518,11933,155
    --Renter-Occupied9,52221,64327,145
    Owner-Occupied Values< 100K79423763
    100-199K30727164461
    200-299K742602911176
    300-399K56840297257
    400-499K31123844315
    500K+66725385184
    Total Working Age Population20,88873,678114,358
    In Work Force15,03852,17580,164
    Not In Work Force5,85121,50234,194
    Workforce Employed14,41250,16577,253
    Workforce Unemployed5431,8532,652
    Civlian Workforce14,95552,01779,905
    Military Workforce83158259
    Total Households12,19739,76260,300
    Family Households3,49417,18229,947
    Non-Family Households8,70322,58030,353
    Married Couple2,49112,80923,232
    Other Family1,0034,3736,715
    Married w/Child7314,5708,403
    Single Male w/Child826141,081
    Single Female w/Child5061,8052,823

    Population Change Last Two Decades - Plus Projection

    2000%2010%2020%2030
    Maine1,274,923+41,328,361+11,335,26001,341,046
    Cumberland County265,612+6281,674+5294,711+2301,376
    York County186,742+6197,131+6208,062+5217,689

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    Common Questions and Answers

    What is the asking price for 1 Forest Avenue in Portland?
    The asking price for 1 Forest Avenue is $725,000
    What is the building size of this Office property in Portland, ME?
    The size of the building/unit at 1 Forest Avenue in Portland is 5,102 square feet
    How much land does the Portland, ME property at 1 Forest Avenue include?
    1 Forest Avenue in Portland includes 0.480 acres of land
    What kind of Office is the propery at 1 Forest Avenue?
    The property at 1 Forest Avenue Portland, ME 04101 is listed as a Professional Office property
    What is the population within 1 mile of 1 Forest Avenue in Portland?
    The population within 1 mile of 1 Forest Avenue Portland, ME 04101 is 23,337 people.
    Who do I contact for questions about 1 Forest Avenue?
    You should contact the listing agent, Thomas Moulton, for any details regarding this commercial listing.

    Other Listings for Sale Nearby

    Address Price Sq Ft Acres
    70 Center Street, Portland, ME $950,000 4633 -
    19 Ocean Avenue, 6, Portland, ME $339,000 2082 0.3
    260 Western Avenue, South Portland, ME $1,050,000 12463 1.56
    75 Darling Avenue, South Portland, ME $4,200,000 30000 2.1
    1 Chabot Street, Westbrook, ME $3,400,000 31200 2.99
    176 Gannett Drive, South Portland, ME $3,200,000 21066 7.03
    816 Roosevelt Trail, Windham, ME $450,000 2772 -
    200 Graham Street, Biddeford, ME $1,200,000 21666 1.63
    450 Whites Bridge Rd, Standish, ME $980,000 8286 2.06
    8 Pomerleau Street, Biddeford, ME $875,000 14064 0.55

    Closest Commercial Airports

    Airport Distance (mi)
    Portland International Jetport (PWM) 2
    Manchester-Boston Regional Airport (MHT) 77
    General Edward Lawrence Logan International Airport (BOS) 97