70 Gray Road, Falmouth

Office for Sale
Catylist Listing ID: 30873057
Property Subtypes: Executive Suites, Office Building
Building Size (RSF): 143,000 SF
Gross Building Area: See Agent
Gross Land Area: 11.27 Acres
Sale Price: $1 - 99,999,999
Unit Price: $699.30 PSF
Property Use Type: Investment, Vacant/Owner-User
Class of Space: Class A
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 7/10/2024

Overview / Comments

70 Gray Road is a 143,000± SF Class A office building on 11.27± acres of land in Falmouth, Maine. The property is conveniently located at Exit 53 of the Maine Turnpike and is directly across from the West Falmouth Hannaford retail complex. This flagship property underwent a multi-million-dollar renovation in 2018, resulting in modern, high-end finishes that reflect a true Class A signature office building. Large open floor plates and ample on-site parking make this property an ideal fit for various uses. The current tenant will be vacating as of 01/01/2025.

Additional Details

Nearest MSA: Portland-South Portland
County: Cumberland
Tax ID/APN: 05070_U44-015-A
Total Number of Buildings: 1
Number of Stories: 3
Typical SF / Floor: 47,000 SF
Year Built: 2001
Year Renovated: 2018
Parking Type: Surface
Total Parking Spaces: 600
Passenger Elevators: 2
Freight Elevators: 1
Sprinklers: Wet
Heat Type: Propane
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,101 27,341 84,673
Median Age: 42.26 41.82 39.85
Households: 767 10,925 35,637


Photograph of Listing Agent

Thomas Moulton

The Dunham Group NECPE Member
Photograph of Listing Agent

Katherine Breggia

The Dunham Group NECPE Member
Photograph of Listing Agent

Bryan Plourde

The Dunham Group NECPE Member
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