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    Union Wharf Portland, ME 04101

    Sponsored
    For Lease
    Contact for pricing

    Deep-water berth, 16,000 SF laydown area

    Lot size:
    16,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 16,000 square foot industrial property, rebuilt in 2017, offers a unique combination of deep-water access and substantial laydown space. Located in Portland's Waterfront Central Zone (WCZ), this single-tenant facility boasts a 230-foot deep-water berth with a 17-foot depth, providing immediate access to the Portland Harbor channel. The property's 16,000 square feet of laydown area is ideal for storage, distribution, or other industrial uses. The building features robust power infrastructure, including 400 amp/480 volt, 3-phase power, making it suitable for a variety of industrial operations. The property is zoned WCZ – Waterfront Central Zone and is identified by APN Map 31, Block 35, Lot 1 in Cumberland County. This prime location within the Greater Portland submarket offers unparalleled access to transportation and logistical networks. The current lease rate is $17,000 per month, NNN. This property presents a rare opportunity to acquire a strategically located waterfront industrial asset with significant operational advantages. The combination of deep-water access and ample laydown space makes this an ideal location for businesses requiring efficient marine logistics and substantial storage capacity.

    Property Features for 0 Union Wharf

    General Information

    Property type
    Flex space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    16,000 SF

    Building Details

    Year Built
    2017

    Unit(s) available at that property

    Space
    Size
    16,000 SF

    HighLights

    • 16,000 SF industrial building, built in 2017.
    • Single‑tenant occupancy.
    • Located in Portland's Greater Portland submarket, Cumberland County.
    • Features a 230' deep‑water berth (17' depth) with Portland Harbor access.
    • Includes 16,000 SF of laydown area.
    • 400 amp/480 volt, 3‑phase power.
    Property Profile Location Intelligence

    Current Use by Public Records

    Flex space

    Map

    City
    Portland
    County
    Cumberland
    State
    Maine
    Longitude
    -70.252179972314
    Latitude
    43.652867549499

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    FAQs

    What type of property is this?
    Flex space - Deep-water berth, 16,000 SF laydown area
    Where is this flex space located?
    The property is located at Union Wharf Portland, ME.
    What are key features of this property?
    This property features: 16,000 SF industrial building, built in 2017.; Single-tenant occupancy.; Located in Portland's Greater Portland submarket, Cumberland County.
    Request Owner's contact information
    Union Wharf Portland, ME 04101
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Union Wharf Portland, ME 04101
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