About this home
Prime Owner/User or investment Opportunity in Downtown Portland, Maine Discover the perfect space for your professional office with this exceptional freestanding 5,000 SF (plus full 2,000 SF basement) building. Centrally located in the heart of downtown Portland, this property offers both convenience and prestige. Key Features: - Versatile Space: The building is easily divisible, making it ideal for multiple tenants or for a growing business that may need to lease out additional space. - Centrally Located: Enjoy the benefits of being in downtown Portland, with easy access to local amenities, transportation, and a vibrant business community. - Freestanding Structure: This standalone building provides a unique identity for your business, offering both visibility and privacy. Whether you're looking to establish a new headquarters or expand your current operations, this property offers unparalleled potential in a thriving city. Zoning allows residential use. Seller will provide plans for renovation to residential.
Listing last checked: Listing updated:
Listed by Listing Agent · Spectrum Real Estate · MLS #1606165
Request property information
Select a document to start a request. You can add others in the form. Availability varies.
Details at a glance
Interior3 property facts
- Heating
- Forced Air, Zoned
- Cooling
- Central Air
- Flooring
- Carpet, Laminate, Tile, Vinyl, Wood
Building4 property facts
- Style
- Office
- Year built
- 1900
- Foundation
- Granite,Poured Concrete
- Roof
- Flat, Membrane
Land & utilities4 property facts
- Lot size
- 0.04 acres
- Water
- Public
- Sewer
- Public Sewer
- Zoning
- B3C
Financial2 property facts
- Annual taxes
- $10,233
- Assessment year
- 2023
Location
Estimated monthly cost
Explore costs at the $1,095,000 asking price. Adjust the assumptions to your situation.
Known monthly costs$6,390 / monthAdjust
- Principal & interest
- $5,537
- Property tax
- $853
- Insurance
- Not entered
- HOA
- Not entered
Listing annual taxes: $10,233. Initial monthly tax is one twelfth of that amount. HOA amount was not supplied.
Partial estimate: add insurance, monthly HOA to include those costs. Blank amounts are unknown.
The initial 6.5% rate is illustrative, not a current rate or lender quote. Excludes utilities, maintenance, closing costs and mortgage insurance, which may apply with a down payment below 20%. Taxes and insurance can change.
Explore more of Portland
Continue your search in Portland.
Need help making sense of this home?
About 7 Forest Avenue
Can I request a private showing?
Request a tour of 7 Forest Avenue and a Bean Group agent will help coordinate an available time with the listing side.
Can you help me evaluate this property?
Yes. We can discuss condition, comparable sales, offer strategy and the questions worth asking before you decide whether to proceed.
Are property documents available?
Availability varies by property and source. Request the documents you need and we will help obtain what is available.