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    250 Read St Portland, ME 04103

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    For Lease
    $10 SF/Yr

    27,500 SF warehouse and 4,400 SF office space for lease.

    Property size:
    31,900 SF
    Lot size:
    1.99 Acres

    Property Features for 250 Read St

    General Information

    Size
    31,900 SF
    Lot size
    1.99 Acres

    Source: The Dunham Group Agent Justin Lamontagne, CCIM, SIOR

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Warehouse and Office Space Available

    Available for lease is a 31,900 square foot property featuring 27,500 square feet of warehouse space and 4,400 square feet of office space. The warehouse includes five 10-foot dock-high loading doors, one 16-foot drive-in overhead door, and two 14-foot drive-in overhead doors that access a pair of 10-foot internal loading docks. Yard space is available with the warehouse lease. The property is located among established businesses including Otto’s, Bruno’s, and Leavitt & Parris. This space can accommodate any number of users and businesses.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    OTTO Pizza Restaurant Studio 250 Recording Studio

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Americold Logistics Portland, Morrills Corner Self Storage, Read Self Storage Facility

    Location Insight

    • Map
    • Local Demand
    City
    Portland
    County
    Cumberland
    State
    Maine
    Longitude
    -70.2888905
    Latitude
    43.6836625

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    FAQs

    What type of property is this?
    Warehouse - 27,500 SF warehouse and 4,400 SF office space for lease.
    Where is this warehouse located?
    The property is located at 250 Read St Portland, ME.
    What is the lease rate?
    The lease rate is $10 SF/Yr.
    What are key features of this property?
    This property features: - 27,500± SF of warehouse space and 4,400± SF of office space.; - Features five 10-foot dock-high loading doors.; - Includes one 16-foot drive-in overhead door and two 14-foot drive-in overhead doors.
    (207) 272-3013
    Request Owner's contact information
    250 Read St Portland, ME 04103
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    Portland, ME 04103
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    250 Read St Portland, ME 04103
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