Catylist ID:
#30867584
Cumberland's Finest, Partially Complete Comm. Property
Office
for Sale
Sale Pending
| Catylist Listing ID: | 30867584 |
| Property Subtypes: | Executive Suites, Coworking, Governmental, High-Tech, Institutional, Medical, Mixed Use, Flex Space, Net Leased, Office Building, Research & Development |
| Status: | Pending |
| Building Status: | Under Construction |
| Building Size (RSF): | 21,882 SF |
| Gross Building Area: | See Agent |
| Gross Land Area: | 1.38 Acres |
| Sale Price: | See Agent |
| Property Use Type: | Investment |
| Sale Terms: | Other |
| Up For Auction: | Yes |
| Auction Type: | Undisclosed Reserve |
| Auction License Number: | 1466 |
| Cap Rate: | Undisclosed |
| Last Updated: | 4/26/2024 |
Overview / Comments
|
AUCTION: March 29 | 11am | On-Site Financing Available - Reach out for details. Welcome to 2 Faraday Drive, Cumberland, Maine. This partially completed commercial property, boasting an impressive 21,882 square feet layout, is primed to become your next successful project. Location is everything, and this property couldn't be better situated. Conveniently just 5 miles from Exit 53, providing seamless access to major transportation routes, and 5 short miles to Gray town center, where a bustling community awaits, this property guarantees maximum exposure and ease of access for both clients and employees alike. Set on a 1.38-acre lot, this development offers ample parking space and reportedly will include underground utilities, ADA accessibility and a flexible layout able to accommodate a host of users. The remaining construction presents an exceptional opportunity for a new developer to take the reins and customize the property to their exact specifications, leaving room for creative design elements and efficient space utilization. Embrace this chance to make a mark on the Cumberland community, catering to the diverse needs of the population. This property is destined to become a landmark in the region, drawing attention and admiration from all who encounter its presence. Don't miss out on this rare chance to shape the future of Cumberland's commercial landscape. Whether you're a seasoned investor or an ambitious entrepreneur, 2 Faraday Drive presents an unparalleled opportunity to leave a lasting legacy. Act now to secure your stake in this prime location and unlock the immense potential of this lender ordered opportunity. Michael B. Carey | ME AUC Lic. 1466 | ME RE Lic. #DB919594 |
Additional Details
| Nearest MSA: | Portland-South Portland |
| County: | Cumberland |
| Tax ID/APN: | 05060_0U20 0073 0000 |
| Zoning: | PER THE MUNICIPAL OFFICE, (1) VILLAGE CENTER COMMERCIAL DISTRICT AND (2) AQUIFER PROTECTION AREA. |
| Property Visibility: | Excellent |
| Construction/Siding: | Brick, Concrete |
| Zoning Description: | Per the municipal office, (1) Village Center Commercial District and (2) Aquifer Protection Area. |
| Lot Frontage: | 167.57’± on Gray Road (Route 100) & 305.07’± on Faraday Drive |
Demographic Statistics
| Proximity: | 1 mile | 3 miles | 5 miles |
|---|---|---|---|
| Total Population: | 2,388 | 6,172 | 22,343 |
| Median Age: | 41.55 | 40.53 | 41.46 |
| Households: | 837 | 2,278 | 8,438 |
| © Copyright 2024 Moody's. All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither New England Commercial Property Exchange nor Moody's assume any liability for errors or omissions. |
