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Two-Building Flex Industrial Property
For Sale
Contact for pricing
Pending

653-655 Riverside St, Portland, ME 04103

Industrial/flex campus with warehouse, office, loading, fenced storage, and multi-tenant occupancy across two buildings.

Property Size19,260 SF
Lot Size2.60 Acres
Days on Market144

Property Features for 653-655 Riverside St

General Information

Standard status Pending
Size 19,260 SF
Lot size 2.60 Acres
Property subtype Office, Industrial
Zoning I-m

Site & Location

Road Access Yes
Fenced Yard Yes
Outdoor Storage Yes

Additional Details

Dock-High Doors 1

Building Details

Buildings 2
Tenancy Multi
Owner Occupied Yes
Listing Agency: Porta & Co
Listed By: Vince Ciampi · License #ME
Source: Crexi
Added: Apr 11 Changed: Aug 30 Last Checked: Aug 30 at 8:33AM

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 Porta & Co

Investment Insights

Based on property information with market context.

This two-building flex industrial property contains 19,260 square feet on a 2.6-acre site along Riverside Street in Portland. Building 1 measures 8,960 square feet and combines 1,700 square feet of finished first-floor office space with 7,260 square feet of warehouse area, plus additional second-floor warehouse and unfinished space. An overhead door measuring 10x8 provides direct warehouse access, while a fenced area supports laydown, parking, or storage. One tenant and the current ownership occupy Building 1.

Building 2 provides 10,300 square feet and is leased to three separate tenants. Its configuration includes warehouse and finished office areas, varied ceiling heights with higher clear areas, two overhead doors, and a loading dock. The property also includes 30+ paved parking spots and is identified in the source information with I-m industrial zoning provisions addressing moderate-impact industrial and transportation-related uses.

Key Highlights

  • 19,260 Square Feet across two industrial/flex buildings
  • 2.6‑acre site with 30+ paved parking spots
  • Building 1 includes 1,700 Square Feet of finished office space and 7,260 Square Feet of warehouse space

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Real Estate Agency Restaurant Dental Office Law Firm Parking Lot & Garage Spa & Massage Center

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

Lease Details

1
Dock-high doors
Multi-tenant
Tenancy
Yes
Fenced yard
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

310
Businesses Nearby
Under-served
Demand for This Use

Demographics for 04103, ME

31,185
Population
14,336
Households
2.2
Avg Household Size
40
Median Age
58%
College-Educated
97%
High-School Grad
10.2 sq mi
ZIP Area
3,057
Density / Sq Mi
$90,682
Median Household Income
$48,640
Median Earnings
$1,571
Median Rent
$421,800
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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Similar Off Market Nearby

  • Fire and Company 1706 Forest Ave, Portland, ME 04103

Frequently Asked Questions

What type of property is this?
Flex space - Industrial/flex campus with warehouse, office, loading, fenced storage, and multi-tenant occupancy across two buildings.
Where is this flex space located?
The property is located at 653-655 Riverside St Portland, ME.
What are key features of this property?
This property features: 19,260 Square Feet across two industrial/flex buildings; 2.6‑acre site with 30+ paved parking spots; Building 1 includes 1,700 Square Feet of finished office space and 7,260 Square Feet of warehouse space
(207) 747-1515 Call to check price and availability
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