Property profile

190 Us-1 Falmouth, ME 04105

OFF-MARKET
Office Spaces
15,000 SF Built 1976
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Property summary

AI-generated overview

This 860-square-foot Class A office suite is located in a desirable, well-maintained two-story brick building situated on a newly enhanced Route 1 business corridor. Built in 1976 and renovated in 2004, the building offers a professional environment with convenient amenities. The suite itself boasts a main office and a separate conference room divided by French doors, a corner office with abundant natural light, new hardwood floors, and a large bathroom. The building features a mix of service and retail businesses on the ground floor and five office suites on the second floor. This particular suite is part of a 15,000-square-foot building with a total of 70 parking spaces, ensuring ample free parking for clients, customers, and staff. Its excellent location provides easy access to Route 95 and Route 295 connectors, placing it just four miles from downtown Portland. The property benefits from high visibility and accessibility, making it an ideal location for businesses seeking a professional and convenient space. New property enhancements are currently underway, further enhancing the already attractive setting. The property is zoned commercial and located in Cumberland County, near Clearwater Drive. This is a single-tenant occupancy space.

Property profile

Verified
Property type Office Spaces
Year built 1976
Total area 15,000 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

190 Us-1 Falmouth, ME 04105
Falmouth metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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