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Investment Highlights
- Ideal Owner-User or Investment Opportunity
- Convenient Main Street Location
- Versatile Village Commercial Zoning
- 3-phase, 400v power
Executive Summary
We are pleased to offer for sale this rare opportunity to own and occupy in Greater Portland’s historically tight industrial market. Built in 2008, this five-bay, 23,000± SF flex/warehouse building comes 65% leased with two bays available for occupancy or future tenancy. The property features 22’ ceilings, wet sprinkler system throughout, six grade-level OH doors, public utilities and 3-phase, 480V power. Located in the Village Commercial zone, a broad range of light industrial and commercial uses are possible here.
This building is technically 5 condos, a part of the 7-condo Little Falls Industrial Condominiums.
This building is technically 5 condos, a part of the 7-condo Little Falls Industrial Condominiums.
Property Facts
| Price | $2,575,000 | Rentable Building Area | 23,000 SF |
| Price Per SF | $111.96 | No. Stories | 1 |
| Sale Type | Investment or Owner User | Year Built | 2007 |
| Property Type | Industrial | Parking Ratio | 2.17/1,000 SF |
| Property Subtype | Manufacturing | Clear Ceiling Height | 22’ |
| Building Class | C | No. Drive In / Grade-Level Doors | 6 |
| Lot Size | 5.00 AC | ||
| Zoning | Village Commercial | ||
| Price | $2,575,000 |
| Price Per SF | $111.96 |
| Sale Type | Investment or Owner User |
| Property Type | Industrial |
| Property Subtype | Manufacturing |
| Building Class | C |
| Lot Size | 5.00 AC |
| Rentable Building Area | 23,000 SF |
| No. Stories | 1 |
| Year Built | 2007 |
| Parking Ratio | 2.17/1,000 SF |
| Clear Ceiling Height | 22’ |
| No. Drive In / Grade-Level Doors | 6 |
| Zoning | Village Commercial |
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Somewhat walkable
20/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $488,300 | |
| Land Assessment | $236,200 | Total Assessment | $724,500 |
Property Taxes
Parcel Numbers
Land Assessment
$236,200
Improvements Assessment
$488,300
Total Assessment
$724,500
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