481 Riverside Industrial Parkway, Portland, ME 04103

$1,370,000

Property Type: Commercial Square Footage: 8,016 Lot Size (sq. ft.): 59,677 Status: Closed

Current Price: $1,370,000 List Date: 6/09/2025 Last Modified: 12/09/2025

Overview

Description

This well-maintained 8,016± square foot office building offers a highly functional layout ideal for a variety of professional uses. The floor plan features multiple private perimeter offices, spacious conference rooms, and an open administrative area that supports both collaboration and productivity. A large kitchen and break room provide added comfort for staff or tenants. With a newer roof and potential parking for 22-30 vehicles, the property is move-in ready for an owner looking to establish their business, as well as great potential for investors with an eye for opportunity. Currently operating as a daycare that will be relocating, this flexible space can easily be adapted to meet the needs of medical, educational, or traditional office users.

Listing Details MLS# 1625965

Location Information

Street #: 481
Street Name: Riverside Industrial
Street Type: Parkway
County: Cumberland
Town: Portland
State/Province: ME
Zip Code: 04103
Zip +4: 1485
Leased Land: No
Book: 39817
Page: 263
Map: B70A
Block: B
Lot: 5
Zoning: IM - Industrial
Zoning Overlay: Unknown
Full Tax Amount $: 21670
Tax Year: 2025
Tree Growth Y/N: No
Association Y/N: No

Contract Information

Original List Price: 1550000

Property Information

Primary Use: Office
Surveyed: Unknown
Year Built: 1992
Tenancy: Single Tenant
SqFt Finished Total: 8016
Lot Size Acres +/-: 1.37
Road Frontage +/-: 61

Status Change Info

Pending Date: 2025-09-19
Closed Date: 2025-12-09
Closed Price: 1370000

Sold Info

Appraiser Email Address: mplourde@mainevaluation.com

Location

Industrial Park: Yes
Near Airport: Yes
Near Shopping: Yes
Near Turnpike/Interstate: Yes

More Information

Property Uses

Commercial: Yes
Freestanding Building: Yes
Medical: Yes
Office Building: Yes

Basement

Slab: Yes

Heat System

Forced Air: Yes

Heat Fuel

Propane: Yes

Cooling

Central Air: Yes

Parking

21+ Spaces: Yes
On Site: Yes
Paved: Yes

Electric

Circuit Breakers: Yes

Gas

Bottled: Yes

Sewer

Public Sewer: Yes

Water

Public: Yes

Property Features

Location: Industrial Park; Near Airport; Near Shopping; Near Turnpike/Interstate Property Uses: Commercial; Freestanding Building; Medical; Office Building Basement: Slab Heat System: Forced Air Heat Fuel: Propane Cooling: Central Air Parking: 21+ Spaces; On Site; Paved Electric: Circuit Breakers Gas: Bottled Sewer: Public Sewer Water: Public

Documents

Deed Public Access ›

Property Disclosure Public Access ›

IDX

Listing Office: Keller Williams Realty

Selling Office: The Dunham Group

Last Updated: December - 09 - 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 ©2026 Maine Real Estate Information System, Inc. All Rights Reserved. Equal Housing Opportunity.