1 Runway Rd South Portland, ME 04106
- Industrial properties
- 6.59 lot acres
Current Use by Public Records
- Industrial properties
Property Details for 1 Runway Rd
- Lot size
- 6.59 lot acres
- Zone code
- Z
- Property type
- Industrial properties
- APN
- SPOR M:080-A L:005-A
- APU
- SPORM080AL005A
Description
This exceptional executive office property at 1 Runway Road in South Portland, Maine, offers 52,610 square feet of renovated space. Currently, 17,100 square feet is available for lease, divisible into units ranging from 2,700 to a maximum contiguous 14,400 square feet. The building features two suites, ideal for single or multi-tenant occupancy. Built in 1982 and extensively renovated in 2022, the property boasts 24-foot ceilings and abundant natural light. Ample parking is provided with 150+ spaces. The building is served by 3-phase, 480-volt, 1200-amp power. Situated on a 7.05-acre lot, the property is zoned Non-Residential Industrial (INR) in Cumberland County (zip code 04106). Its convenient location offers easy access to I-295 and I-95, with a short commute to downtown Portland. This is a rare opportunity to secure high-quality, flexible office space in a desirable location.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- South Portland
- County
- Cumberland
- State
- Maine
- Longitude
- -70.3069
- Latitude
- 43.6113
- CBSA code
- 38860
- CBSA name
- PORTLAND-SOUTH PORTLAND-BIDDEFORD, ME METROPOLITAN STATISTICAL AREA