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$1,495,000 Just Listed
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Property Description
Position your business for long-term success in this exceptional 8,078± SF multi-tenant office building in the heart of Yarmouth. Thoughtfully designed for flexibility, the property offers a rare opportunity for an owner-user to occupy a significant portion of the space while generating income from existing tenants. Whether you're looking to establish a headquarters, expand operations, or transition from leasing to ownership, this asset delivers the control, stability, and wealth-building potential that only real estate ownership can provide.
Full Property Details
Full Property Details for 40 Forest Falls Dr
General
- Price: $1,495,000
- Taxes: $15,032 (2025)
- Status: Active
- Type: Office
- Source: MREIS
- MLS ID: 1655592
- Updated: 3/27/2026
- Added to Site: 2 day(s) ago
Business
- Business Type: Commercial, Office Building
Parking
- Parking Features: 21 or More Spaces, Paved, Off Street
Location
- County: Cumberland
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Construction: Vinyl Siding
- Roof: Shingle
- Building Size: 8165
- Square Feet: 8,165
- Living Area: 8,165 Sq. Ft.
- Year Built: 1999
Lot Features
- Lot Size (Acres): 0.87
- Lot Size (Sq. Ft.): 37,897.2
- Zoning: CD-4 Route 1 Corrido
- Lot Description: Business District, Near Shopping
Financial Considerations
- Tax Amount: $15,032
- Tax Year: 2025
Disclosures and Reports
- Block: 1
- Lot Number: 12
Listed by The Dunham Group (207) 773-7100
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Schools
Schools serving 40 Forest Falls Dr
School District:Yarmouth
| Name | Grades | Distance |
|---|---|---|
William H Rowe School 52 School Street, Yarmouth, ME 04096 | K-1 | 0.2 mi |
Yarmouth Elementary School 121 Mccartney Street, Yarmouth, ME 04096 | 2-4 | 0.9 mi |
Frank H Harrison Middle School 220 Mccartney Street, Yarmouth, ME 04096 | 6-8 | 1.1 mi |
Yarmouth High School 286 West Elm Street, Yarmouth, ME 04096 | 9-12 | 0.9 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 40 Forest Falls Dr
Date
Details
Price
Change
Source
3/27/2026
Listed
$1,495,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 40 Forest Falls Dr
Year
Property Taxes
Change
Tax Assessment
Change
2025
$15,032
-22%
$1,033,100
37%
2024
$19,324
9%
$752,800
—
2023
$17,721
9%
$752,800
—
2022
$16,276
9%
$752,800
—
2021
$14,905
1%
$752,800
—
2020
$14,755
4%
$752,800
—
2019
$14,198
6%
$752,800
—
2018
$13,400
4%
$752,800
—
2017
$12,918
1%
$752,800
—
2016
$12,843
-31%
$752,800
-13%
2015
$18,677
—
$866,300
—
2014
$18,712
-2%
$866,300
—
2013
$19,059
—
$866,300
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 40 Forest Falls Dr
40 Forest Falls Drive, Yarmouth, ME 04096 (MLS# 1655592) is a Office property. 40 Forest Falls Drive is currently listed for $1,495,000 and was received on March 27, 2026. Want to learn more about 40 Forest Falls Drive? Do you have questions about finding other Office real estate for sale in Yarmouth? You can browse all Yarmouth real estate or contact a Coldwell Banker agent to request more information.

