196 Gray Road

Special Purpose for Sale
Catylist Listing ID: 30148782
Building Size (RSF): 2,132 SF
Gross Building Area: See Agent
Gross Land Area: 0.72 Acres
Sale Price: $395,000
Property Use Type: Business
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 12/29/2017

Overview / Comments

Affordable, owner user building with studio space overlooking the Piscataquis River and office space. A flexible layout that works for many uses. Located on the very sought after Route 100 Corridor (Gray Road) Falmouth. Attractive and well-maintained. Two Curb cuts and parking for up to 20 cars (expandable). Very visible signage. Large rear yard. Occupy all or or lease space to tenants for income. Basement storage, deck, and unfinished attic (that has stubbed-in water and electricity over the studio) are not included in the square footage.

Attachments & Media

Additional Details

Nearest MSA: Portland-South Portland
County: Cumberland
Taxing Authority: Falmouth
Tax ID/APN: 05070_U42-029
Property Located Between: Turnpike Exit 53 and Libby Bridge in the vibrant Route 100 Corridor
Property Visibility: Excellent
Highway Access: Two curb cuts from Route 100 (Gray Road)
Site Description: An idyllic setting that overlooks the Piscataquis River with a spacious back yard
Area Description: Nearby Turnpike Exit 53, Falmouth, West Falmouth and towns to the West
Total Number of Buildings: 1
Number of Stories: 2
Year Built: 1940
Roof Type: Gable
Construction/Siding: Wood Shingle
Exterior Description: Wood frame construction with main building and attached studio.
Parking Type: Surface
Parking Description: Up to 20 cars with land for expansion for more spaces
Sprinklers: None
Heat Type: Oil, Hot Water
Heat Source: Baseboard
Internet Access: Cable
Interior Description: First and second floor offices, one and a half baths, studio space with potential second floor expansion
Zoning Description: Commercial area for small businesses
Sewer Type: Septic

Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 15,071 56,931
Median Age: 43.01 41.46
Households: 5,739 23,105


Photograph of Listing Agent

Roxane A. Cole

Roxane Cole Commercial Real Estate, LLC
NECPE Member
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