For Lease
$4.50/SF/YR

118 Georgia RdLimestone, ME 04750

8,025 SF Flex Space, Prime Location

Overview

Added:
Dec 11, 2024
Days on market:
111
This exceptional 8,025-square-foot single-tenant property at 118 Georgia Rd, Limestone, ME 04750, presents a unique investment opportunity. Built in 1958 and renovated in 1990, this one-story building boasts a 12-foot ceiling height and features a flexible open floor plan, ideal for a variety of uses including executive office, warehouse, flex space, medical office, traditional office, creative office, coworking, or distribution. The property is zoned COMMERCIAL/MIXED USE and benefits from an adjacent lot providing 60 parking spaces. Utilities include operating sanitary facilities, potable water, 120/208 electrical service, a central heat plant, and smoke/heat detectors. Located within the Green 4 Maine Campus at Loring (formerly Loring Air Force Base), this property enjoys numerous incentives including Pine Tree Zone certification (Tier 1), Opportunity Zone certification, Business Equipment Tax Exemption (BETE), Municipal Tax Increment Financing (TIF), and New Market Tax Credit (NMTC) eligibility. The site offers streamlined permitting and benefits from the campus's extensive infrastructure, including a high-capacity municipal utility infrastructure and a newly constructed dark fiber network. The Green 4 Maine Campus is a thriving business park with over 45 employers and 1,200 employees, situated in Aroostook County, known for its scenic beauty and supportive business environment. This property's versatile design and advantageous location make it an attractive prospect for businesses seeking a strategic foothold in Northern Maine. The property's former use as a library provides a solid foundation for a variety of modern commercial applications.

Highlights

  • 8,025 SF single-tenant building at 118 Georgia Rd, Limestone, ME 04750.
  • Currently used as a vehicle rebuild center, suitable for multi-use, commercial, light manufacturing, office, or vocational uses.
  • 1958 construction, renovated in 1990, featuring a 12-foot ceiling height and flexible open floor plan.
  • Requires roof section replacement.
  • Triple Net (NNN) lease.
  • Pine Tree Zone (Tier 1) and Opportunity Zone certified.

Property Details for 118 Georgia Rd

Property type
Warehouses, Specialty properties
RSF (Rentable sq. ft)
8,025 SF
Year Built/Renovated
1958/1990
Buildings
1
Stories
1

Unit(s) available at that property

Space
Available Space
Size
8,025 SF
Rate per SF
$4.50

Location Insight

City
Limestone
County
Aroostook
State
Maine
Latitude
46.9404057
Longitude
-67.9013809
118 Georgia Rd, Limestone, Maine

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118 Georgia Rd
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