70 Gray Road, Falmouth
Office
for Sale
| Catylist Listing ID: |
30873057 |
| Property Subtypes: |
Executive Suites, Office Building
|
| Building Size (RSF): |
143,000 SF
|
| Gross Building Area: |
See Agent |
| Gross Land Area: |
11.27 Acres
|
| Sale Price: |
$1 - 99,999,999 |
| Unit Price: |
$699.30 PSF |
| Property Use Type: |
Investment, Vacant/Owner-User |
| Class of Space: |
Class A |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Last Updated: |
9/5/2024 |
Overview / Comments
|
70 Gray Road is a 143,000± SF Class A office building on 11.27± acres of land in Falmouth, Maine. The property is conveniently located at Exit 53 of the Maine Turnpike and is directly across from the West Falmouth Hannaford retail complex. This flagship property underwent a multi-million-dollar renovation in 2018, resulting in modern, high-end finishes that reflect a true Class A signature office building. Large open floor plates and ample on-site parking make this property an ideal fit for various uses. The current tenant will be vacating as of 01/01/2025.
|
Additional Details
| Nearest MSA: |
Portland-South Portland |
| County: |
Cumberland |
| Tax ID/APN: |
05070_U44-015-A |
| Zoning: |
WFCMPD (WEST FALMOUTH CROSSING MASTER PLANNED DEVELOPMENT) |
| Total Number of Buildings: |
1 |
| Number of Stories: |
3 |
| Typical SF / Floor: |
47,000 SF |
| Year Built: |
2001 |
| Year Renovated: |
2018 |
| Parking Type: |
Surface |
| Total Parking Spaces: |
600 |
| Passenger Elevators: |
2 |
| Freight Elevators: |
1 |
| Sprinklers: |
Wet |
| Heat Type: |
Propane |
| Water Service: |
Municipal |
| Sewer Type: |
Municipal |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
2,101 |
27,341 |
84,673 |
| Median Age: |
42.26 |
41.82 |
39.85 |
| Households: |
767 |
10,925 |
35,637 |
|
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The information presented herein is provided as is, without warranty of any kind.
Neither New England Commercial Property Exchange nor
Moody's assume any liability for errors or omissions.
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