118 Georgia Rd Limestone, ME 04750

Property Details for 118 Georgia Rd

Year built

1958

Property size

8,025 SF

Property type

Warehouses

Property subtype

Specialty properties

Description

This exceptional 8,025-square-foot single-tenant property at 118 Georgia Rd, Limestone, ME 04750, presents a unique investment opportunity. Built in 1958 and renovated in 1990, this one-story building boasts a 12-foot ceiling height and features a flexible open floor plan, ideal for a variety of uses including executive office, warehouse, flex space, medical office, traditional office, creative office, coworking, or distribution. The property is zoned COMMERCIAL/MIXED USE and benefits from an adjacent lot providing 60 parking spaces. Utilities include operating sanitary facilities, potable water, 120/208 electrical service, a central heat plant, and smoke/heat detectors. Located within the Green 4 Maine Campus at Loring (formerly Loring Air Force Base), this property enjoys numerous incentives including Pine Tree Zone certification (Tier 1), Opportunity Zone certification, Business Equipment Tax Exemption (BETE), Municipal Tax Increment Financing (TIF), and New Market Tax Credit (NMTC) eligibility. The site offers streamlined permitting and benefits from the campus's extensive infrastructure, including a high-capacity municipal utility infrastructure and a newly constructed dark fiber network. The Green 4 Maine Campus is a thriving business park with over 45 employers and 1,200 employees, situated in Aroostook County, known for its scenic beauty and supportive business environment. This property's versatile design and advantageous location make it an attractive prospect for businesses seeking a strategic foothold in Northern Maine. The property's former use as a library provides a solid foundation for a variety of modern commercial applications.

Location Insight

City

Limestone

County

Aroostook

State

Maine

Longitude

-67.9014

Latitude

46.9404