235 Portland Road, Gray, ME 04039 (MLS# 1620292)
235 Portland Road, Gray, ME 04039
$3,950,000
Property Type:
Commercial
Square Footage:
37,600
Lot Size (sq. ft.):
609,840
Status:
Active
Current Price:
$3,950,000
List Date:
4/25/2025
Last Modified:
4/25/2025
Description
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.
Supplements: ********
More Information MLS# 1620292
Location Information
Street #: 235
Street Name: Portland
Street Type: Road
County: Cumberland
Town: Gray
State/Province: ME
Zip Code: 04039
Leased Land: No
Book: 35257
Page: 252
Map: 36
Lot: 002
Zoning: Commercial
Association Y/N: No
Geo Lat: 43.852107
Geo Lon: -70.319426
Contract Information
Status: Active
Original List Price: 3950000
List Price: $3,950,000
Current Price: $3,950,000
Property Information
Primary Use: Office
Surveyed: Yes
Deed/Conveyance Type Offered: Quit Claim
Deed: All
Deed Restrictions: Unknown
Bank Owned REO: No
Year Built: 1990
Tenancy: Multiple Tenants
Leases: Yes
Total # Floors: 2
SqFt Finished Total: 37600
Lot Size Acres +/-: 14
Commercial Bldg Information
Confidentiality Statement: Yes
Office SqFt +/-: 22800
Total Units: 3
Warehouse SqFt: 13800
Property Features
Location: Near Turnpike/Interstate; Suburban
Property Uses: Commercial; Flex; Freestanding Building; Office Building; Retail
Basement: Daylight; Walk-Out Access
Foundation Materials: Poured Concrete
Exterior: Other Exterior
Roof: Metal; Shingle
Heat System: Forced Air; Heat Pump
Heat Fuel: Propane
Cooling: Wall/Window Unit(s)
Building Features: Fire System; Loading Docks 1 - 4; Security System
Parking: 21+ Spaces; On Site; Paved
Electric: Combination
Gas: Bottled
Sewer: Private Sewer
Water: Public
Documents
Property Disclosure Public Access ›Listing Office: Colliers International
Last Updated: April - 25 - 2025
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. Copyright ©2022 Maine Real Estate Information System, Inc. All Rights Reserved. Equal Housing Opportunity.
