295 Forest AvePortland, ME 04101

Property Details for 295 Forest Ave

Year built

1984

Lot size

7.82 AC

Property size (Sq ft)

93,042 SF

Property type

Retail space

APN

PTLD M:034A B:C001001

APU

PTLDM034ABC001001

Description

This exceptional investment opportunity presents a 91-square-foot retail space perfectly suited for an ATM installation. Located at 295 Forest Ave in Portland, Maine (zip code 04101), this single-tenant space is situated within a larger Class B building totaling 92,122 square feet. The property boasts a highly desirable B2 - Community Business zoning designation, ensuring flexibility and potential for future expansion. The address falls within the Greater Portland submarket of Cumberland County, offering excellent visibility and accessibility. This strategically located space benefits from significant foot traffic and presents a strong return on investment potential for ATM operators. The property's location within a larger building provides inherent security and stability. The APN is Map 34A, Block C, Lot 1. This is a rare opportunity to acquire a well-positioned, ready-to-occupy ATM space in a thriving Maine market. The vacant space is immediately available. Serious inquiries only.

• CAP approach

  CAP return

  Valuation

  6%

  $22,612,454

  6.5%

  $20,873,034

  7%

  $19,382,104

• Comparable approach

  Method

  Valuation

  Relative Method

  $30,635,306

  Geo Method

  $30,635,306

• Alternative Use

  Use

  Valuation

  Residential

  $17,607,186

  Hospitality

  $16,128,087

  Educational

  $13,418,379

  Medical

  $13,879,858

  Retail

  $20,873,034

Location Insight

City

Portland

County

Cumberland

State

Maine

Latitude

43.6631

Longitude

-70.2707

CBSA code

38860

CBSA name

PORTLAND-SOUTH PORTLAND-BIDDEFORD, ME METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].