235 Portland Road

Gray, ME 04039
Square Ft.
37,600
$3,950,000
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.
Market LogoCourtesy of Colliers International 207-560-8000
Listing Snapshot
Days Online
17
Last Updated
Property Type
Office
Square Ft.
37,600
Lot Size
14 Acres
Year Built
1990
MLS Number
1620292
Additional Details
Basement
Basement: "Walk-Out Access", "Daylight"
Building
Building Area Total: 37,600, Building Features: "Security System", "Fire System", "Loading Docks 1 - 4", Construction Materials: "Other Exterior", Year Built: 1990, 2 stories
Cooling
Cooling Included, Cooling: "A/C Units"
Foundation
Foundation Details: "Concrete Perimeter"
Heating
Heating: "Heat Pump", "Forced Air", Heating Included
Lot
Features: "Near Turnpike/Interstate", "Suburban", 14 acres, Area: 14, 609,840 square feet
Parking
Features: "21+ Spaces", "On Site", "Paved"
Property
Business Type: "Commercial", "Freestanding Building", "Office Building", "Retail", "Flex", Parcel Number: 235PortlandRoadGray04039, Property Sub Type: Office, Zoning: Commercial
Roof
Roof: "Metal", "Shingle"
Sewer
Sewer: "Private Sewer"
Taxes
Tax Lot: 002
Utilities
Electric: "Combination", Water Source: "Public"
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30 Days Snapshot Of 04039
$534k
-22%
(avg) sold price
9
+125%
homes sold
30
-57%
(avg) days on market
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Fred Andrews
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Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.