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    481 Riverside Industrial Pkwy Portland, ME 04103

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    For Sale
    $1,550,000

    Well-maintained 8,016 SF office building suitable for various uses.

    Property size:
    8,016 SF
    Lot size:
    1.37 Acres

    Property Features for 481 Riverside Industrial Pkwy

    General Information

    Size
    8,016 SF
    Lot size
    1.37 Acres

    Source: Magnusson Balfour/KW Commercial a div. of Keller Williams Realty Agent Alex Pirleci

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

    Overview

    Functional Office Building For Sale

    This well-maintained office building offers a functional layout suitable for a variety of professional uses. The property has a size of 8,016 square feet. The floor plan includes multiple private perimeter offices, spacious conference rooms, and an open administrative area. A large kitchen and break room are also present. The property features a newer roof and potential parking for 22 to 30 vehicles. 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. It is move-in ready for an owner looking to establish their business and presents potential for investors.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    The Growing Tree Childcare Day Care Center

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Portland
    County
    Cumberland
    State
    Maine
    Longitude
    -70.3039623
    Latitude
    43.7136005

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    FAQs

    What type of property is this?
    Office building - Well-maintained 8,016 SF office building suitable for various uses.
    Where is this office building located?
    The property is located at 481 Riverside Industrial Pkwy Portland, ME.
    What is the asking price?
    The asking price for this property is $1,550,000.
    What are key features of this property?
    This property features: - 8,016± sq ft well-maintained office building suitable for various professional uses.; - Move-in ready condition with a newer roof.; - Flexible space adaptable for medical, educational, or traditional office use.
    (207) 239-6606
    Request Owner's contact information
    481 Riverside Industrial Pkwy 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
    481 Riverside Industrial Pkwy Portland, ME 04103
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