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    765 Warren Ave Portland, ME 04103

    For Lease
    $9 SF/Yr

    160,000+ SF Warehouse, 70,000 SF Available

    Lot size:
    160,106 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    360
    This exceptional Class A industrial property, located at 765 Warren Ave in Portland, Maine (04103), offers a significant opportunity for businesses seeking high-bay warehouse space. The single-story building, constructed in 1988, boasts a total of 160,106 square feet, with 70,132 square feet currently available for lease. The space is divisible to a minimum of 70,132 square feet, making it suitable for a variety of distribution and warehousing needs. The property sits on a generous 15-acre lot and features a 29-foot ceiling height, providing ample vertical storage capacity. Loading and unloading are facilitated by five loading docks equipped with five dock-high doors, complemented by two drive-in doors for added convenience. Ample parking is available with 192 spaces. The warehouse benefits from robust 480A 480Y/277V power. The property is zoned IM and has an APN of 319/A/9. This is a multi-tenant building with two suites. This prime location in Portland, Maine offers excellent access to major transportation routes, making it an ideal distribution hub. The property's size, features, and location make it a highly desirable asset for businesses seeking efficient and spacious warehouse facilities. Don't miss this chance to secure a significant footprint in a thriving market.

    Property Features for 765 Warren Ave

    General Information

    Property type
    Distribution properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    160,106 SF
    Class
    A
    Total Rate
    132754.56

    Building Details

    Year Built
    1988
    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    Suite 4
    Size
    70,132 SF
    Rate per SF
    $9

    HighLights

    • 160,106 SF Class A industrial building in Portland, ME, with 70,132 SF available for lease.
    • Single‑story building on a 15‑acre lot, built in 1988, divisible to 70,132 SF minimum.
    • 29' clear height, five loading docks with five dock‑high doors and two drive‑in doors.
    • 192 parking spaces, 480A 480Y/277V power, zoned IM (APN 319/A/9).
    • Located less than one mile from Maine Turnpike Exit 48, offering excellent access to major transportation routes.
    • Lease rate: $9.95/SF NNN.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    American Tire Distributors Warehouse

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Dental Office Building Supply Wholesale Shop Hair Salon Auto Repair Shop 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
    -70.33277874
    Latitude
    43.68664184

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    FAQs

    What type of property is this?
    Distribution property - 160,000+ SF Warehouse, 70,000 SF Available
    Where is this distribution property located?
    The property is located at 765 Warren Ave Portland, ME.
    What is the lease rate?
    The lease rate is $9 SF/Yr.
    What are key features of this property?
    This property features: 160,106 SF Class A industrial building in Portland, ME, with 70,132 SF available for lease.; Single-story building on a 15-acre lot, built in 1988, divisible to 70,132 SF minimum.; 29' clear height, five loading docks with five dock-high doors and two drive-in doors.
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    765 Warren Ave Portland, ME 04103
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    Portland, ME 04103
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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
    765 Warren Ave Portland, ME 04103
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