222 Gray Rd - Manufacturing FOR SALE


Cumberland, ME 04021
$950,000 USD
207-772-2422
222 Gray Rd, Cumberland, ME for Sale
$950,000 USD
Manufacturing - FOR SALE
1/10
null | Request Cap Rate

NEW


222 Gray Rd
Cumberland, ME 04021


OVERVIEW

7,200± SF INDUSTRIAL/SPECIALTY BUILDING •5.1± AC lot, in close proximity to I-95 •Significant upgrades including mechanical, electrical, and HVAC in 2020 - 2022 •Previously a medical marijuana cultivation facility (currently still licensed) •Two older structures on-site with the potential to redevelop those buildings or redevelop the entire site per the town of Cumberland’s land use ordinances •Potential communications tower ground lease on a portion of the land (see broker for details)

FOR SALE DETAILS

PRICE

$950,000 USD

PRICE/SF

$132 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

222 Gray Road

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Manufacturing

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2010

UTILITIES

-

CLEAR CEILING HT

16 Ft

DOCKS

-

DRIVE INS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

5.1

LAND SF

222,156

ZONING

VCC

APN/PARCEL ID

CMBL-000020-U000000-000066

ASK ABOUT THIS PROPERTY

Michael AndersonMalone Commercial BrokersMore Info
207-772-2422

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Michael AndersonMalone Commercial BrokersMore Info
207-772-2422

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.