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Gray, ME

Gray, ME Commercial Real Estate for Sale

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Windham, ME Cumberland Center, ME Falmouth, ME North Yarmouth, ME New Gloucester, ME Yarmouth, ME Westbrook, ME Gorham, ME

Office-Flex Warehouse with Yard

Updated: Jun 3

Office-Flex Warehouse with Yard

220 Lewiston Rd, Gray, ME 04039

$850,000

8,500 sqft 1.90 AC lot

8,500± SF commercial property on 1.9± acres with office/flex/warehouse space available for sale
Includes 7,000± SF commercial garage/shop plus 1,500± SF office space for separation of work and customer‑facing areas
Generous outdoor laydown area for parking, storage, and equipment mobility
Highly visible signage opportunity along Lewiston Road/Route 202 in Gray’s commercial corridor
Nearby traffic counts of 10,000± VPD on Lewiston Road/Route 202

This listing looks promising.

Here's a quick look at some key insights for

220 Lewiston Rd, Gray, ME 04039

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Est. Cap Rate

7.8%
Above avg (5.9%)
Est. NOI

$66K
Annual
Mortgage

$690K
Jan 2023

View Property Analytics

Based on your search, we've compiled 76 Potential Opportunities for your consideration. Besides 1 Active listings in Gray, ME, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 71 Off-Market properties to explore as potential leads

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Mixed-Use Corner Workshop Building

Mixed-Use Corner Workshop Building

4 Parsonage Road, North Yarmouth, ME 04097

$549,000

3,168 sqft 0.75 AC lot

Corner property includes a personal workshop/garage with office space plus a two-bedroom, one-bath apartment above.

Mixed-Use Village Center Property

Mixed-Use Village Center Property

4 Parsonage Road, North Yarmouth, ME 04097

$549,000

3,168 sqft 0.75 AC lot

Corner Village Center property with workshop/garage use plus a two-bedroom apartment and office space.

Enterprise Development Land Opportunity

Enterprise Development Land Opportunity

Lot 10 Enterprise Drive, Windham, ME 04062

$450,000

199,940 sqft 4.59 AC lot

4.59-acre parcel zoned for enterprise development.

Windham Land Parcel For Sale

Windham Land Parcel For Sale

99 Enterprise Drive, Windham, ME 04062

$399,900

161,172 sqft 3.70 AC lot

Land parcel suitable for manufacturing, warehousing, or boat storage.

Off-Market Properties in Gray, ME

Consider similar Off-Market properties in Gray, ME. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

142 Portland Rd

SHOW ROOM, WAREHOUSE

142 Portland Rd, Gray, ME 04039-9503

Value Estimation by Request

1.06 AC lot

COMMERCIAL (GENERAL)

31 Portland Rd, Gray, ME 04039-9431

Value Estimation by Request

0.92 AC lot

130 Portland Rd

COMMERCIAL (GENERAL)

130 Portland Rd, Gray, ME 04039-9503

Value Estimation by Request

0.92 AC lot

235 Portland Rd

COMMERCIAL (GENERAL)

235 Portland Rd, Gray, ME 04039-9505

Value Estimation by Request

720 sqft 14.00 AC lot

OFFICE/RESIDENTIAL (MIXED USE)

4 Pne Cv Rd, Gray, ME 04039-9636

Value Estimation by Request

1,326 sqft 0.30 AC lot

COMMERCIAL (GENERAL)

2 Mcconkey Rd, Gray, ME 04039-7814

$695,000

Estimated value

2.70 AC lot

COMMERCIAL (GENERAL)

64 Lewiston Rd, Gray, ME 04039-9543

Value Estimation by Request

3.41 AC lot

OFFICE/RESIDENTIAL (MIXED USE)

41 Merrill Rd, Gray, ME 04039-9553

Value Estimation by Request

442 sqft 2.91 AC lot

COMMERCIAL (GENERAL)

45 Portland Rd, Gray, ME 04039-9431

Value Estimation by Request

1.15 AC lot

COMMERCIAL (GENERAL)

59 Lewiston Rd, Gray, ME 04039-9537

$1,720,000

Estimated value

9,864 sqft 155.73 AC lot

SHOW ROOM, WAREHOUSE

15 Portland Rd, Gray, ME 04039

$590,000

Estimated value

3,313 sqft 2.45 AC lot

108 Lewiston Rd

VACANT COMMERCIAL LAND

108 Lewiston Rd, Gray, ME 04039-7524

Value Estimation by Request

0.92 AC lot

218 Yarmouth Rd

OFFICE/RESIDENTIAL (MIXED USE)

218 Yarmouth Rd, Gray, ME 04039-7512

Value Estimation by Request

960 sqft 4.00 AC lot

228 Lewiston Rd

OFFICE/RESIDENTIAL (MIXED USE)

228 Lewiston Rd, Gray, ME 04039-9546

Value Estimation by Request

1,600 sqft 1.87 AC lot

COMMERCIAL (GENERAL)

6 Main St, Gray, ME 04039-9502

$925,000

Estimated value

0.51 AC lot

COMMERCIAL (GENERAL)

1 Storage Way, Gray, ME 04039-7589

$1,805,000

Estimated value

1.81 AC lot

OFFICE/RESIDENTIAL (MIXED USE)

263 Shaker Rd, Gray, ME 04039-9684

Value Estimation by Request

840 sqft 0.35 AC lot

COMMERCIAL (GENERAL)

12 Main St, Gray, ME 04039-9407

$6,710,000

Estimated value

2,579 sqft 1.36 AC lot

OFFICE/RESIDENTIAL (MIXED USE)

16 Main St, Gray, ME 04039-9407

Value Estimation by Request

2,384 sqft 0.35 AC lot

SHOW ROOM, WAREHOUSE

23 Frost Rd, Gray, ME 04039-9558

$720,000

Estimated value

6,368 sqft 4.67 AC lot

VACANT COMMERCIAL LAND

4 Raymond Rd, Gray, ME 04039-7724

Value Estimation by Request

0.22 AC lot

SHOW ROOM, WAREHOUSE

7 Main St, Gray, ME 04039

Value Estimation by Request

1,125 sqft 0.04 AC lot

140 Portland Rd

OFFICE/RESIDENTIAL (MIXED USE)

140 Portland Rd, Gray, ME 04039-9503

Value Estimation by Request

2,400 sqft 0.94 AC lot

Gray, ME Commercial Real Estate Market Trends and Statistics

Explore 72 commercial real estate for sale in Gray, ME on our real estate platform. These investment opportunities span a total of 8,500 square feet of properties for sale, with an estimated market value of $850,000.

Sale prices for business properties in Gray, ME start at $850,000, averaging $850,000, and reaching up to $850,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Demographics Overview

Population 8,004

Population Growth (5Y) +5.9%

Median Household Income $94,284

College Educated 59.3%

High-Yield Neighborhoods for Investment

Identify Gray submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood	Average Price
04039	$1.2M

Taxes & Financing

Tax Rate (average for all types) 1.52%

Property Tax per SF $56.38 per SF

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Cumberland County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Cumberland County

Retail

Residential Income

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