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222 Gray Road 222 Gray Rd 7,200 SF Industrial Building Cumberland, ME 04021 $950,000 ($131.94/SF)
Executive Summary
7,200± SF INDUSTRIAL/SPECIALTY BUILDING
5.1± AC lot, in close proximity to I-95
Significant upgrades including mechanical, electrical, and HVAC in 2020 - 2022
Previously a medical marijuana cultivation facility (currently still licensed)
Two older structures on-site with the potential to redevelop those buildings or redevelop the entire site per the town of Cumberland’s land use ordinances
Potential communications tower ground lease on a portion of the land (see broker for details)
5.1± AC lot, in close proximity to I-95
Significant upgrades including mechanical, electrical, and HVAC in 2020 - 2022
Previously a medical marijuana cultivation facility (currently still licensed)
Two older structures on-site with the potential to redevelop those buildings or redevelop the entire site per the town of Cumberland’s land use ordinances
Potential communications tower ground lease on a portion of the land (see broker for details)
Property Facts
| Price | $950,000 | Lot Size | 5.10 AC |
| Price Per SF | $131.94 | Rentable Building Area | 7,200 SF |
| Sale Type | Investment or Owner User | No. Stories | 1 |
| Property Type | Industrial | Year Built | 2010 |
| Property Subtype | Manufacturing | Tenancy | Single |
| Building Class | C | Clear Ceiling Height | 16’ |
| Zoning | VCC - Village Center Commercial District | ||
| Price | $950,000 |
| Price Per SF | $131.94 |
| Sale Type | Investment or Owner User |
| Property Type | Industrial |
| Property Subtype | Manufacturing |
| Building Class | C |
| Lot Size | 5.10 AC |
| Rentable Building Area | 7,200 SF |
| No. Stories | 1 |
| Year Built | 2010 |
| Tenancy | Single |
| Clear Ceiling Height | 16’ |
| Zoning | VCC - Village Center Commercial District |
Amenities
- Signage
1 1
Property Taxes
| Parcel Number | CMBL-000020-U000000-000066 | Improvements Assessment | $454,500 |
| Land Assessment | $116,100 | Total Assessment | $570,600 |
Property Taxes
Parcel Number
CMBL-000020-U000000-000066
Land Assessment
$116,100
Improvements Assessment
$454,500
Total Assessment
$570,600
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222 Gray Road | 222 Gray Rd
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