7 Forest Avenue, Portland, ME 04101

$1,290,000
Property Type: Commercial Square Footage: 5,102 Lot Size (sq. ft.): 1,742 Status: Active
Current Price: $1,290,000 List Date: 6/10/2025 Last Modified: 9/23/2025

Description

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.

Supplements: ********

More Information MLS# 1606165

Location Information

Book: 38252 Leased Land: No Page: 125 Map: 037 Block: A046 Lot: 001 Zoning Overlay: Yes Tree Growth Y/N: No Association Y/N: No Street #: 7 Street Name: Forest Street Type: Avenue County: Cumberland Town: Portland State/Province: ME Zip Code: 04101 Zip +4: 2810 Zoning: B3C Full Tax Amount $: 10233 Tax Year: 2023 Geo Lat: 43.654962 Geo Lon: -70.262671

Property Information

Primary Use: Office Surveyed: No Deed/Conveyance Type Offered: Quit Claim w/Covenant Deed: All Deed Restrictions: Unknown Bank Owned REO: No Lot Size Acres +/-: 0.04 Year Renovated +/-: 2018 Tenancy: Multiple Tenants Leases: Partial Road Frontage +/-: 36.7 Total # Floors: 3 Year Built: 1900 SqFt Finished Total: 5102

Location

Bus Line: 1 Business District: 1 Downtown: 1 Historic District: 1 Near Shopping: 1 Near Turnpike/Interstate: 1 Public Transport Access: 1 Rail Available: 1

Commercial Bldg Information

Confidentiality Statement: No Office SqFt +/-: 5000 Retail SqFt: 2000 Total Units: 10

Water Info

Water Frontage: No

Property Uses

Bar/Tavern/Lounge: 1 Bed & Breakfast: 1 Child Care: 1 Church: 1 Commercial: 1 Executive Suites: 1 Flex: 1 Freestanding Building: 1 Governmental: 1 High-Tech: 1 Office Building: 1 Restaurant: 1 Retail: 1 Special Purpose: 1

Construction

Masonry: 1

Basement

Brick/Mortar: 1 Full: 1

Foundation Materials

Granite: 1 Poured Concrete: 1

Exterior

Brick: 1

Roof

Flat: 1 Membrane: 1

Heat System

Forced Air: 1 Zoned: 1

Heat Fuel

Gas Natural: 1

Cooling

Central Air: 1

Floors

Carpet: 1 Composition: 1 Laminate: 1 Tile: 1 Vinyl: 1 Wood: 1

Accessibilitiy Amenities

32 - 36 Inch Doors: 1 Ramped Main Level: 1

Building Features

Cable: 1 Fire System: 1

Parking

No Parking: 1 Off Site: 1

Electric

Circuit Breakers: 1

Utilities

Utilities On: Yes

Gas

Natural - On Site: 1

Sewer

Public Sewer: 1

Water

Public: 1

Contract Information

Status: Active Original List Price: 1490000 List Price: $1,290,000 Current Price: $1,290,000

Property Features

Location: Bus Line; Business District; Downtown; Historic District; Near Shopping; Near Turnpike/Interstate; Public Transport Access; Rail Available Construction: Masonry Property Uses: Bar/Tavern/Lounge; Bed & Breakfast; Child Care; Church; Commercial; Executive Suites; Flex; Freestanding Building; Governmental; High-Tech; Office Building; Restaurant; Retail; Special Purpose Basement: Brick/Mortar; Full Foundation Materials: Granite; Poured Concrete Exterior: Brick Roof: Flat; Membrane Heat System: Forced Air; Zoned Heat Fuel: Gas Natural Cooling: Central Air Floors: Carpet; Composition; Laminate; Tile; Vinyl; Wood Building Features: Cable; Fire System Parking: No Parking; Off Site Electric: Circuit Breakers Gas: Natural - On Site Sewer: Public Sewer Water: Public
Listing Office: Spectrum Real Estate
IDX
Last Updated: September - 23 - 2025
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