Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    275 Read St Portland, ME 04103

    Loading data...
    Loading data...
    Loading data...
    For Sale
    $2,500,000

    Industrial/flex building with visibility and low vacancy rates.

    Property size:
    16,546 SF
    Lot size:
    1.00 Acre

    Property Features for 275 Read St

    General Information

    Size
    16,546 SF
    Lot size
    1.00 Acre

    Source: The Boulos Company Agent Jon Rizzo

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

    Overview

    Industrial/Flex Building Near Route 302

    Located off Route 302 between I-95 and I-295, this industrial/flex building offers visibility from Forest Avenue. The property has been occupied by a wholly-owned Xerox subsidiary since 1998. The building has a total size of 16,546 square feet. The area has low vacancy rates for industrial/flex buildings.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Business Equipment Unlimited Office Equipment Supplier

    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

    Cadeau Consulting - Multicultural Chef Services, Sodexo

    Location Insight

    • Map
    • Local Demand
    City
    Portland
    County
    Cumberland
    State
    Maine
    Longitude
    -70.2893548
    Latitude
    43.6844856

    Nearby Similar for Sale

    • $609,000
      2,390 SF

      Stroudwater Two-Unit Multifamily Property

      Well-maintained Portland duplex with modern updates and classic charm.
      1542 Congress St, Portland, ME 04102
      View Details
    • $710,000
      2,612 SF

      Portland Duplex with Attic Potential

      Investment opportunity: spacious units, attic potential, convenient location.
      605 Washington Ave, Portland, ME 04103
      View Details
    • $1,395,000
      3,452 SF

      Contemporary Multifamily Property with Ocean Views

      Updated 5-bedroom, 4-bathroom duplex with ocean views in Portland, ME.
      242 Veranda St, Portland, ME 04103
      View Details
    • New
      $995,000
      2,678 SF

      Munjoy Hill Two-Unit Home

      Charming two-unit home in Portland's coveted Munjoy Hill.
      71 Melbourne St, Portland, ME 04101
      View Details
    • $1,150,000
      4,404 SF

      Portland Duplex Near Baxter Boulevard

      1924 Colonial duplex near Baxter Boulevard trail with modern updates.
      103 Deerfield Rd, Portland, ME 04101
      View Details
    • New
      $1,395,000
      3,433 SF

      Classic Triplex in Desirable Neighborhood

      Three-unit property with income potential and development possibilities.
      64-66 Melbourne St, Portland, ME 04101
      View Details

    FAQs

    What type of property is this?
    Flex space - Industrial/flex building with visibility and low vacancy rates.
    Where is this flex space located?
    The property is located at 275 Read St Portland, ME.
    What is the asking price?
    The asking price for this property is $2,500,000.
    What are key features of this property?
    This property features: - Prime location off Route 302 between I-95 and I-295; - Forest Avenue visibility; - Low vacancy rates for industrial/flex buildings
    (207) 553-1712
    Request Owner's contact information
    275 Read St Portland, ME 04103
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    275 Read St
    Portland, ME 04103
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    275 Read St Portland, ME 04103
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.