Property summary
This exceptional 22,411-square-foot retail space at 267 US Route 1 in Falmouth, Maine, presents a unique investment opportunity. Currently entirely vacant, this single-story building offers unparalleled visibility and accessibility in a thriving commercial area. Located in the heart of Falmouth, the property is adjacent to a major shopping center, ensuring high foot traffic and brand exposure. The Shops at Falmouth Square benefits from its proximity to I-295 and the Maine Turnpike, providing easy access for customers and employees. The building is zoned VC1 and features ample on-site parking. This mixed-use development includes a new 46-unit high-end residential building, bringing increased foot traffic and vibrancy to the area. The property boasts a diverse mix of established tenants nearby, including Shaw's Supermarket, Chase Bank, Planet Fitness, and several other prominent businesses. This location offers exceptional convenience and amenities, just six minutes from downtown Portland. The entire 22,411 square feet is available for lease, presenting a blank canvas for a large-scale retail operation or the potential to be subdivided. The property's address is 267 US-1, Falmouth, ME 04105, with APN 05260_031-023 in Cumberland County. This is an exceptional opportunity to establish a strong presence in a high-demand retail market.
Property profile
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Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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Cap rate
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Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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