For Sale
  • For Sale
  • For Lease
  • Recently Sold
  • Property Lookup
  • Brokers
Back to Search

275 Read St Portland, ME 04103

For Sale
$2,500,000

Prime Portland flex space, 16,546 SF, high visibility.

Property size:
16,546 SF

Description

Added:
Dec 11, 2024
Days on Market:
368
This exceptional 16,546-square-foot flex building presents a compelling investment opportunity in Portland, Maine. Located at 275 Read Street, this single-story, Class B property boasts a prime location off Route 302, strategically positioned between I-95 and I-295, ensuring excellent accessibility and high visibility from Forest Avenue. Built in 1988, the building sits on a one-acre lot (APN: Map 150, Lot 9/1) and is zoned IL. The asking price is $2,500,000, translating to $151.09 per square foot. Featuring an 18-foot ceiling height, this property offers ample space and flexibility for a variety of uses. Currently occupied by a wholly-owned Xerox subsidiary since 1998, this building benefits from a history of stable occupancy and low vacancy rates within the Portland industrial/flex market. This presents a rare opportunity to acquire a well-located, established property with significant potential for future growth and return on investment. The property consists of one building with one unit.

Property Features for 275 Read St

General Information

Property type
Flex space
Square Feet
16,546 SF
Class
B
Lot Size
43,560 SF

Building Details

Year Built
1988
Buildings
1
Stories
1
Units
1

HighLights

  • $2,500,000 asking price for a 16,546 SF flex building.
  • Portland, ME industrial/mixed‑use property, Class B.
  • 1‑story building on a 1‑acre lot, built in 1988.
  • 18' ceiling height.
  • Located at 275 Read St, Portland, ME 04103, APN Map 150, Lot 9/1.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Business Equipment Unlimited Office Equipment Supplier

Suggested Use

Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Portland
County
Cumberland
State
Maine
Longitude
-70.289532753003
Latitude
43.684212853749

FAQs

What type of property is this?
Flex space - Prime Portland flex space, 16,546 SF, high visibility.
Where is this flex space located?
The property is located at 275 Read St Portland, ME.
What is the asking price?
The asking price for this property is $2,500,000.
What are key features of this property?
This property features: $2,500,000 asking price for a 16,546 SF flex building.; Portland, ME industrial/mixed-use property, Class B.; 1-story building on a 1-acre lot, built in 1988.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message