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Fully Outfitted Laboratory Office Building
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17 levesque Dr, Eliot, ME 03903

Professional laboratory/office building includes substantial analytical equipment and laboratory infrastructure.

Property Size3,420 SF
Price / SF$438.30
Days on Market85

Property Features for 17 levesque Dr

General Information

Standard status Active
Size 3,420 SF
Property subtype SPECIALTY
Listing Agency: KW Coastal Realty
Listed By: Darlene Colwell-Ellis · License #042783
Source: Moodyscre
Added: May 7 Changed: Jul 29 Last Checked: Jul 29 at 6:30AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of KW Coastal Realty

Investment Insights

Based on property information with market context.

This fully outfitted laboratory/office building is currently configured as an advanced analytical laboratory with significant supporting infrastructure and high-end scientific equipment in place. The offering includes approximately 3,420± SF and features lab systems such as Waters ACQUITY UPLC, Waters Xevo TQ-XS LC/MS/MS, Agilent 7850 ICP-MS, and an Agilent Intuvo 9000 GC with 5977B GC/MSD, along with an Agilent 7697A headspace sampler and related analytical laboratory infrastructure. Professional fume hood systems and autosamplers are also included.

The property is located in Eliot Commons Professional Park, with convenient access to both Maine and New Hampshire Seacoast markets.

For buyers seeking a specialized laboratory facility with existing buildout and replacement-value equipment already installed, this asset is positioned to support a range of specialized laboratory and professional uses.

Key Highlights

  • Approximately 3,420± SF professional laboratory/office building in Eliot Commons Professional Park
  • Configured as an advanced analytical laboratory with significant scientific infrastructure and high‑end equipment
  • Includes Waters ACQUITY UPLC systems and Waters Xevo TQ‑XS LC/MS/MS

Financial Insights For Office B

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $85.4k $24.96
− Vacancy −$10.7k −$3.12
EGI $74.7k $21.84
− OpEx −$18.7k −$5.46
NOI $56.0k $16.38
3,420 SF · lease $24.96/SF/yr · vacancy 12.50% · expense 25.00%

Alternative Uses

Best Use
Office B
$800.3K
$700.3K – $933.7K (±1% cap)
NOI $56,020 @ 7.0% cap · market cap 3.74%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.08M
$948.6K – $1.26M (±1% cap)
NOI $75,889 @ 7.0% cap · market cap 5.06%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Haskell Kingston, DMD Dental Office Kevin O Lympus Dental Office Blatt & Kingston Family ... Dental Office William Blatt, DMD Dental Office

Suggested Use

Top Pick Parking Lot & Garage HVAC Service Electrical Service Plumbing Service Hair Salon Pharmacy

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

184
Businesses Nearby

Demographics for 03903, ME

6,717
Population
3,092
Households
2.2
Avg Household Size
48
Median Age
41%
College-Educated
100%
High-School Grad
19.8 sq mi
ZIP Area
339
Density / Sq Mi
$100,472
Median Household Income
$44,375
Median Earnings
$1,837
Median Rent
$465,100
Median Home Value

Market

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
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Frequently Asked Questions

What type of property is this?
Office building - Professional laboratory/office building includes substantial analytical equipment and laboratory infrastructure.
Where is this office building located?
The property is located at 17 levesque Dr Eliot, ME.
What is the asking price?
The asking price for this property is $1,499,000.
What are key features of this property?
This property features: Approximately 3,420± SF professional laboratory/office building in Eliot Commons Professional Park; Configured as an advanced analytical laboratory with significant scientific infrastructure and high‑end equipment; Includes Waters ACQUITY UPLC systems and Waters Xevo TQ‑XS LC/MS/MS
(603) 969-6632 Call to check price and availability
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