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207 Development Dr Limestone, ME 4751

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Modern mixed-use building with finished and warehouse space available for lease.

Type:Retail, Office, Industrial
Property size:
47,783 SF
Added:
Jan 31, 2024
Days on Market:
806
Last Refresh:
Mar 17 at 1:20 pm

Property Features for 207 Development Dr

General Information

Standard status
Active
Size
47,783 SF
Property subtype
Retail, Office, Industrial

Building Details

Year Built
1985

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Listing Contact
Andrea Page

Listing agent Andrea Page License #BR925750

Listing office KW Commercial Greater Portland

Listing date Jan 31, 2024

Source Crexi

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 Commercial Greater Portland


Overview

Limestone Mixed-Use Facility For Rent

Located at the former Loring Air Force Base in Limestone, Maine, 207 Development Drive is a modern, efficient mixed-use building suitable for a multitude of businesses, including manufacturing, light industrial, retail, distribution, machine tech, ag processing, wood products, and energy. Constructed in 1986 with upgrades as recent as 2007, including a new roof, the building offers approximately 30,000 square feet of finished space and 18,000 square feet of warehouse space. The property features a large parking area, high ceiling clearances, and recent ventilation upgrades. Lease options range from 5,000 to 47,783 square feet. The property has previously been used as a call center. The Green 4 Maine Campus at Loring is the largest Commercial and Business Park in the State of Maine and is being positioned as the Epicenter of business, recreational tourism and on campus living. It offers the longest airstrip (over 12,000 ft long) as a premiere Air Cargo Distribution Hub. The location is Pine Tree Zone Certified (PTZ) - Tier 1, Opportunity Zone Certified (OZ), and eligible for Business Equipment Tax Exemption (BETE) and Municipal Tax Increment Financing (TIF) and New Market Tax Credit (NMTC). The property has 170+/- parking spaces. Aroostook County is known for picturesque rolling potato fields, forests, lakes and rural landscape.
Location Intelligence

Current Use by Public Records

Office Units

Suggested Use

Big Box & Wholesale Store Hotel & Motel Department Store Food Market Travel Agency Bed & Breakfast

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

Location Insight

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  • Local Demand
City
Limestone
County
Aroostook
State
Maine
Longitude
-67.9037535
Latitude
46.9436606

FAQs

What type of property is this?
Mixed-use property - Modern mixed-use building with finished and warehouse space available for lease.
Where is this mixed-use property located?
The property is located at 207 Development Dr Limestone, ME.
What are key features of this property?
This property features: Located in a Pine Tree Zone (PTZ) Tier 1 and Opportunity Zone (OZ), offering significant tax and financial incentives.; Versatile mixed‑use building with approximately 30,000 SF of finished space and 18,000 SF of warehouse space suitable for various businesses.; Located at the Green 4 Maine Campus at Loring (former Loring Air Force Base) with a 12,000 ft airstrip, ideal for air cargo distribution.
More about this property
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