391 Forest Avenue

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391 Forest Avenue

Portland, ME 04101
Asking Price
$1.50M
Asset Type
Bank Retail
Class
Class B

What's Special

Stand-Alone Retail Building | Prominent Corner Location <p>We are pleased to offer this 3,584± SF stand-alone retail building situated on 0.34± acres for sale or lease at 391 Forest Avenue in Portland. The property is currently occupied by a bank branch and features a drive-thru and on-site paved parking. Located on a prominent, signalized corner, the site offers excellent visibility and strong traffic counts. Availability is anticipated for July 2026. </p>

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NOI
$80,000
Cap Rate
5.33%
DSCR
0.90
Underwater
Cash-on-Cash
-2.01%
Monthly Payment
$7,421.182
Annual Cash Flow
$-9,054.179

Location & Travel Times