Log In/Sign Up
Your email has been sent.
235 Portland Rd 37,600 SF 73% Leased Office Building Gray, ME 04039 $3,950,000 ($105.05/SF)



INVESTMENT HIGHLIGHTS
- 3 commercial/office buildings
- 580' frontage on Route 100/Portland Road
EXECUTIVE SUMMARY
Highly visible 37,600± SF office campus comprised of 3 commercial/office buildings with ample on-site parking and development potential. Building 1: Fully leased! 19,600± SF consisting of 1st floor office and lower level industrial space. Building 2: 15,000± SF of shell condition office/commercial space; tenant occupies 3,071± SF in the basement. Building 3: 3,000± SF consists of turnkey office space with a large warehouse in the rear. A national credit tenant recently signed a corporate-backed long-term lease occupying 22,671± SF (all of Building 1 and 3,071± SF in Building 2). Excellent owner-user opportunity to occupy the remaining space and have tenants pay your mortgage. Great exposure with 580' of frontage on Route 100/Portland Road. Less than 3 miles to I-95 and about 5 minutes to the center of town. Financials available upon request.
PROPERTY FACTS
Sale Type
Investment
Property Type
Office
Building Size
37,600 SF
Building Class
B
Year Built/Renovated
1990/2001
Price
$3,950,000
Price Per SF
$105.05
Percent Leased
73%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
18,800 SF
Building FAR
0.06
Lot Size
14.00 AC
Zoning
Commercial - Commercial
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- CONDITION
- AVAILABLE
- 1st Fl-Ste Fls 1 & 2
- 5,000-10,000 SF
- Office
- -
- Now
| Space | Size | Space Use | Condition | Available |
| 1st Fl-Ste Fls 1 & 2 | 5,000-10,000 SF | Office | - | Now |
1st Fl-Ste Fls 1 & 2
| Size |
| 5,000-10,000 SF |
| Space Use |
| Office |
| Condition |
| - |
| Available |
| Now |
PROPERTY TAXES
| Parcel Number | GRAY-000064-000036-000002 | Improvements Assessment | $2,053,000 |
| Land Assessment | $347,600 | Total Assessment | $2,400,600 |
PROPERTY TAXES
Parcel Number
GRAY-000064-000036-000002
Land Assessment
$347,600
Improvements Assessment
$2,053,000
Total Assessment
$2,400,600
1 of 20
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
Presented by
235 Portland Rd
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.

