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45 Forest Falls Dr 4,764 SF Office/Medical Condo Unit Offered at $945,000 in Yarmouth, ME 04096
Investment Highlights
- Ground Floor Space
- Combination Of Open Floor Plan And Individual Offices
- Abundant Shared Surface Parking
- Portion Of The Space Is Available For Any Owner/User To Move Into Immediately
Executive Summary
45 Forest Falls Drive, Suite 1-A in Yarmouth, Maine is part of a multi-use professional medical/office condominium building situated off of US Route 1 and Interstate 295 highway. The property is located on 1.6 acres of land with on-site, abundant paved shared parking. The available Class A space is located on the ground floor of the property ideally situated for professional medical/office space. Space was fully renovated in 2020 for the existing tenant.
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment or Owner User | APN/Parcel ID | 011/001/002/0A1 |
| Cap Rate | 9.06% |
| Sale Type | Investment or Owner User |
| Cap Rate | 9.06% |
| APN/Parcel ID | 011/001/002/0A1 |
Description
45 Forest Falls Drive, Suite 1-A in Yarmouth, Maine is part of a multi-use professional medical/office condominium building situated off of US Route 1 and Interstate 295 highway. The property is located on 1.6 acres of land with on-site, paved shared p A rare opportunity for any small business to be part of a professional, well managed setting.
Sale Notes
Prime investment or owner occupied unit. The available Class A space is located on the ground floor of the property ideally situated for professional medical/office space. The space consists of a combination of large open spaces, individual spaces, reception and waiting areas, 2 kitchenettes and 3 private handicapped bathrooms. Space is currently under lease through May of 2026. The space does have 2,400 sf of space available for immediate occupancy.
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit A1 | 4,764 SF | Office/Medical | $945,000 ($198.36/SF) | $85,580 |
Unit A1
| Unit Size |
| 4,764 SF |
| Condo Use |
| Office/Medical |
| Price |
| $945,000 ($198.36/SF) |
| NOI |
| $85,580 |
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Unit A1
| Unit Size | 4,764 SF |
| Condo Use | Office/Medical |
| Price | $945,000 ($198.36/SF) |
| NOI | $85,580 |
| Sale Type | Investment or Owner User |
| Cap Rate | 9.06% |
| APN/Parcel ID | 011/001/002/0A1 |
| Description | |
| 45 Forest Falls Drive, Suite 1-A in Yarmouth, Maine is part of a multi-use professional medical/office condominium building situated off of US Route 1 and Interstate 295 highway. The property is located on 1.6 acres of land with on-site, paved shared p A rare opportunity for any small business to be part of a professional, well managed setting.</li></ul> | |
| Sale Notes | |
| Prime investment or owner occupied unit. The available Class A space is located on the ground floor of the property ideally situated for professional medical/office space. The space consists of a combination of large open spaces, individual spaces, reception and waiting areas, 2 kitchenettes and 3 private handicapped bathrooms. Space is currently under lease through May of 2026. The space does have 2,400 sf of space available for immediate occupancy.</li></ul> |
Property Facts
The following property facts and amenities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
| Total Building Size | 11,364 SF | Floors | 2 |
| Property Type | Office (Condo) | Typical Floor Size | 5,682 SF |
| Property Subtype | Medical | Year Built | 2004 |
| Building Class | A | Lot Size | 1.61 AC |
| Zoning | CD4-C1 - Commercial - CD4-C | ||
| Total Building Size | 11,364 SF |
| Property Type | Office (Condo) |
| Property Subtype | Medical |
| Building Class | A |
| Floors | 2 |
| Typical Floor Size | 5,682 SF |
| Year Built | 2004 |
| Lot Size | 1.61 AC |
| Zoning | CD4-C1 - Commercial - CD4-C |
Amenities
- 24 Hour Access
- Signage
- Storage Space
- Air Conditioning
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
30/100
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45 Forest Falls Dr
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