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

Book: 35257 Leased Land: No Page: 252 Map: 36 Lot: 002 Association Y/N: No Street #: 235 Street Name: Portland Street Type: Road County: Cumberland Town: Gray State/Province: ME Zip Code: 04039 Zoning: Commercial Geo Lat: 43.852107 Geo Lon: -70.319426

Property Information

Primary Use: Office Surveyed: Yes Deed/Conveyance Type Offered: Quit Claim Deed: All Deed Restrictions: Unknown Bank Owned REO: No Lot Size Acres +/-: 14 Tenancy: Multiple Tenants Leases: Yes Total # Floors: 2 Year Built: 1990 SqFt Finished Total: 37600

Location

Near Turnpike/Interstate: 1 Suburban: 1

Commercial Bldg Information

Confidentiality Statement: Yes Office SqFt +/-: 22800 Total Units: 3 Warehouse SqFt: 13800

Property Uses

Commercial: 1 Flex: 1 Freestanding Building: 1 Office Building: 1 Retail: 1

Basement

Daylight: 1 Walk-Out Access: 1

Foundation Materials

Poured Concrete: 1

Exterior

Other Exterior: 1

Roof

Metal: 1 Shingle: 1

Heat System

Forced Air: 1 Heat Pump: 1

Heat Fuel

Propane: 1

Cooling

Wall/Window Unit(s): 1

Building Features

Fire System: 1 Loading Docks 1 - 4: 1 Security System: 1

Parking

21+ Spaces: 1 On Site: 1 Paved: 1

Electric

Combination: 1

Gas

Bottled: 1

Sewer

Private Sewer: 1

Water

Public: 1

Contract Information

Status: Active Original List Price: 3950000 List Price: $3,950,000 Current Price: $3,950,000

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
Listing Office: Colliers International
IDX
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.