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Flex Space with Office Area
New
For Lease
$12 SF/Yr

987 Riverside Street, Portland, ME 04103

A front office and rear overhead door support warehouse, distribution, contractor sales, and manufacturing functions.

Space Size3,500 SF
Property Size10,000 SF
Days on Market2

Property Features for 987 Riverside Street

General Information

Standard status Active
Size 3,500 SF
Property subtype Industrial
Lease Term NNN

Additional Details

Space Use Warehouse
Highway Access Yes

Building Details

Building Size 10,000 SF
Year Built 1986

Spaces For Lease

at 987 Riverside Street
Unit #1 $12/SF/Yr
Size 3,500 SF
Type Warehouse/Distribution
Term Negotiable
Contact us
Listing Agency: The Boulos Company
Listed By: Craig Young, CCIM · License #613263
Source: Boulos
Added: Oct 14 Changed: Oct 15 Last Checked: Oct 15 at 2:00AM

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 The Boulos Company

Investment Insights

Based on property information with market context.

This flex space pairs a warehouse unit with an office area positioned at the front. A 10-foot by 12-foot overhead door at the rear provides loading access, and the building dates to 1986. On-site parking is available at both the front and rear of the property.

The site is near Exits 48 and 53 of the Maine Turnpike, I-295, Route 302, and Route 26, providing access to multiple regional roadways. The space is described for warehouse distribution, contractor sales, and industrial manufacturing uses.

Key Highlights

  • Front office area with warehouse space
  • One 10’ x 12’ overhead door at the rear
  • Parking available in front and behind the building

Property Analytics

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Current Use

Plucked Fresh Salsa Big Box & Wholesale Store GA Gear Marketing & Advertising

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm Restaurant Hair Salon Auto Parts Store

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

Yes
Highway access
NNN (Triple Net)
Lease Type
$1.80 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

306
Businesses Nearby
Balanced
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Industrial in Northeast region

5.4% 2019
4.6% 2020
3.2% 2021
3.3% 2022
5.3% 2023
6.6% 2024
7.6% 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 - A front office and rear overhead door support warehouse, distribution, contractor sales, and manufacturing functions.
Where is this flex space located?
The property is located at 987 Riverside Street Portland, ME.
What is the lease rate?
The lease rate is $12 SF/Yr.
What are key features of this property?
This property features: Front office area with warehouse space; One 10’ x 12’ overhead door at the rear; Parking available in front and behind the building
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