Outfitted Laboratory Office
For Sale
$1,399,000
3-19 Levesque Dr, Eliot, ME 03903
Fully outfitted lab-and-office facility with extensive analytical equipment and infrastructure for specialized testing and research.
Property Size3,420 SF
Price / SF$409.06
Days on Market153
Property Features for 3-19 Levesque Dr
General Information
Standard status
Active
Size
3,420 SF
Additional Details
Business Included
Yes
Taxes and HOA fees
Annual Taxes
$5,312
Listing Agency:
KW Coastal and Lakes & Mountains Realty/Dover
(603) 969-6632
Listed By:
Darlene G Colwell-Ellis · License #042783
(603) 610-8988
Source:
Exprealty
Added: May 7
Changed: Oct 3
Last Checked: Oct 5 at 11:02PM
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 and Lakes & Mountains Realty/Dover
Investment Insights
Based on property information with market context.
This for-sale property is a fully outfitted laboratory/office building with an advanced analytical laboratory configuration and the infrastructure to support specialized testing and research. The space includes high-end scientific equipment and related systems, including Waters ACQUITY UPLC and Waters Xevo TQ-XS LC/MS/MS, an Agilent 7850 ICP-MS, and an Agilent Intuvo 9000 GC with 5977B GC/MSD. Additional capabilities are supported by an Agilent 7697A headspace sampler, autosamplers, and professional fume hood systems, along with laboratory buildout designed for ongoing analytical work.
The building is located within Eliot Commons Professional Park in Eliot, Maine. It is positioned to provide convenient access to both Maine and New Hampshire Seacoast markets.
This offering is a strong fit for established laboratories, startups, research groups, or investors seeking a specialized commercial asset built for analytical laboratory operations. The existing buildout and installed equipment may help reduce the time and cost associated with developing a comparable laboratory facility, particularly for uses such as toxicology, forensic analysis, pharmaceutical research, cannabis/hemp testing, environmental testing, biotechnology, and medical research.
The building is located within Eliot Commons Professional Park in Eliot, Maine. It is positioned to provide convenient access to both Maine and New Hampshire Seacoast markets.
This offering is a strong fit for established laboratories, startups, research groups, or investors seeking a specialized commercial asset built for analytical laboratory operations. The existing buildout and installed equipment may help reduce the time and cost associated with developing a comparable laboratory facility, particularly for uses such as toxicology, forensic analysis, pharmaceutical research, cannabis/hemp testing, environmental testing, biotechnology, and medical research.
Key Highlights
- Fully outfitted professional laboratory/office building in Eliot Commons Professional Park
- Approximately 3,420± SF currently configured as an advanced analytical laboratory with laboratory infrastructure
- Includes analytical equipment such as Waters ACQUITY UPLC and Waters Xevo TQ‑XS LC/MS/MS systems
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$56,020
Cap Rate
4.00%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,120,400
$1.1M
Cap Rate 7%
$800,286
$800.3K
Cap Rate 9%
$622,444
$622.4K
Market Conditions
NOI Build-Up for 3,420 SF
Gross rent
$85.4K $24.96/SF
− Vacancy
−$10.7K −$3.12/SF
EGI
$74.7K $21.84/SF
− OpEx
−$18.7K −$5.46/SF
NOI
$56.0K $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%
$1,120,400
Cap Rate 7%
$800,286
Cap Rate 9%
$622,444
Alternative Uses
Best Use
Office B
$800.3K
$700.3K – $933.7K
NOI $56,020 @ 7.0% cap · market cap 4.00%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.08M
$948.6K – $1.26M
NOI $75,889 @ 7.0% cap · market cap 5.42%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
Turnkey business
Opportunity
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
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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 - Fully outfitted lab-and-office facility with extensive analytical equipment and infrastructure for specialized testing and research.
Where is this office building located?
The property is located at 3-19 Levesque Dr 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: Fully outfitted professional laboratory/office building in Eliot Commons Professional Park; Approximately 3,420± SF currently configured as an advanced analytical laboratory with laboratory infrastructure; Includes analytical equipment such as Waters ACQUITY UPLC and Waters Xevo TQ‑XS LC/MS/MS systems
