Specialized Office
New
For Sale
$1,399,000
19 Levesque Drive, Eliot, ME 03903
Commercial Sale, Eliot, ME
Property Size3,656 SF
Lot Size4.70 Acres
Price / SF$382.66
Days on Market2
Property Features for 19 Levesque Drive
General Information
Property type
Commercial Sale
Property subtype
Office
Zoning
C/I
Basement
Crawl Space
Lot features
Business District, Office Park, Retail Strip, Shopping Mall
Standard status
Active
Size
3,656 SF
Lot size
4.70 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
3002
Utilities
Sewer type
Private Sewer
Heating system
Electric (Heating), Heat Pump (Heating)
Cooling system
Heat Pump
Water source
Public
Building Details
Year built
1985
Number of units
1
Flooring type
Vinyl, Laminate, Carpet
Building materials
Wood Frame, Vinyl Siding
Roof type
Shingle
Listing Agency:
Keller Williams Coastal and Lakes & Mountains Realty · Keller Williams Realty
(603) 610-8500
Listed By:
Darlene Colwell-Ellis · License #042783
(603) 969-6632
Added: Oct 14
Last Checked: Oct 15 at 3:06AM
MLS# 1684224
Copyright © 2026 Maine Listings. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 3,656-square-foot office building sits on 4.7 acres in Eliot Commons Professional Park. The existing interior includes office areas, workspaces, utility infrastructure, and other improvements. The building is offered without equipment, machinery, or personal property, and has C/I zoning.
Built in 1985, the wood-frame structure has vinyl siding and a shingle roof. Interior finishes include vinyl, laminate, and carpet flooring. Heating is provided by electric systems and a heat pump, with heat-pump cooling. The property is served by public water and a private sewer.
Built in 1985, the wood-frame structure has vinyl siding and a shingle roof. Interior finishes include vinyl, laminate, and carpet flooring. Heating is provided by electric systems and a heat pump, with heat-pump cooling. The property is served by public water and a private sewer.
Key Highlights
- 3,656‑square‑foot professional office building on 4.7 acres
- Located in Eliot Commons Professional Park, with access to Maine and New Hampshire Seacoast markets
- C/I zoning
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$59,885
Cap Rate
4.28%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,197,700
$1.2M
Cap Rate 7%
$855,500
$855.5K
Cap Rate 9%
$665,389
$665.4K
Market Conditions
NOI Build-Up for 3,656 SF
Gross rent
$91.3K $24.96/SF
− Vacancy
−$11.4K −$3.12/SF
EGI
$79.8K $21.84/SF
− OpEx
−$20.0K −$5.46/SF
NOI
$59.9K $16.38/SF
Area
York County, ME
Vacancy
12.50%
Lease Rate
$24.96 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,197,700
Cap Rate 7%
$855,500
Cap Rate 9%
$665,389
Alternative Uses
Best Use
Office B
$855.5K
$748.6K – $998.1K
NOI $59,885 @ 7.0% cap · market cap 4.28%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.16M
$1.01M – $1.35M
NOI $81,125 @ 7.0% cap · market cap 5.80%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
184
Businesses Nearby
Explore this area
Business Placement
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Northeast region
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Frequently Asked Questions
What type of property is this?
Office building - Professional space includes existing work areas and utility infrastructure for a range of business operations.
Where is this office building located?
The property is located at 19 Levesque Drive Eliot, ME.
What is the asking price?
The asking price for this property is $1,399,000.
What are key features of this property?
This property features: 3,656‑square‑foot professional office building on 4.7 acres; Located in Eliot Commons Professional Park, with access to Maine and New Hampshire Seacoast markets; C/I zoning
