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Property profile & analytics
FOR LEASE
Commercial real estate

273 Presumpscot St Portland, ME 04103

3.72 ac lot
Entity Owned 2-yr Hold ~ Est. High Equity
Property ID
US42-0237324
Property summary
AI-generated overview

This exceptional 3,128 square foot warehouse space is available for sublease in Cumberland County. Situated at 273 Presumpscot Street, this single-tenant property offers convenient access to Interstate 295 via Exit 9, providing seamless transportation links. The building boasts two stories and features ample surface parking, a significant advantage for businesses requiring substantial vehicle storage or employee parking. The property is zoned IM - Industrial Moderate, ensuring suitability for a range of industrial uses. The quiet setting provides a professional atmosphere, ideal for businesses seeking a peaceful and productive work environment. The warehouse offers 3,128 square feet of readily available space, making it an attractive option for businesses needing immediate occupancy. The monthly lease rate is $4,300. This light industrial setting offers a blend of accessibility and tranquility, making it an excellent choice for a variety of industrial operations. The ample parking further enhances the property's appeal, addressing a common concern for businesses in this sector. The property's location and features combine to create a highly desirable industrial space.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Lot 3.72 ac (161,843 SF)
APN PTLD M:420 B:B005001
UPID US42-0237324
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Eco-Kids Industrial Manufacturer Production Facility
  • Oceanside Exteriors Roofing Company General Contractor
  • Hascall & Hall General Contractor Renovation Specialist
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
C & N Properties LLC · 2 yrs held
C & N Properties LLC
since 2024
5 recorded transactions
2024
Price N/A
2016
Price N/A
2013
Price N/A
2006
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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More about this property
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