Office Space - For Sale
1 Forest Avenue Portland, ME 04101
Details & Description
Price: $725,000
  • Property Type Office for Sale : Professional
  • Lot Size Acres 0.480
  • Building Sq Ft 5,102
  • Building Price per Sq Ft $142.10
  • Land Sq Ft 20,908
  • Land Price per Sq Ft $34.68
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
NAI - The Dunham Group
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
$725,000
For Sale
  • Property Type Office for Sale : Professional
  • Lot Size Acres 0.480
  • Building Sq Ft 5,102
  • Building Price per Sq Ft $142.10
  • Land Sq Ft 20,908
  • Land Price per Sq Ft $34.68
1 Forest Avenue Portland, ME 04101 | for Sale | Photo 1
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

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

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.

Listing Location & Map Views
Other Office Space 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
Listing Agent
Thomas Moulton - CRE Agent at NAI - The Dunham Group

Thomas Moulton

NAI - The Dunham Group
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