340 Presumpscot StPortland, ME 04103

Property Details for 340 Presumpscot St

Year built

2007

Lot size

1.61 AC

Property size (Sq ft)

23,656 SF

Property type

Industrial properties

Property subtype

Other warehouses

APN

PTLD M:422 B:B058001

APU

PTLDM422BB058001

Description

This exceptional 24,962-square-foot warehouse and distribution facility is situated on a 1.61-acre lot in Portland, Maine. Built in 2007, the property boasts a single-tenant occupancy and offers significant space for various operational needs. The building features a 20-foot ceiling height, providing ample vertical storage capacity. Loading and unloading are facilitated by five loading docks and one dock-high door. The property includes substantial office space (approximately 1,800 square feet) and a mezzanine level offering an additional 3,000 square feet of storage. A significant portion of the building (16,702 square feet) is currently vacant and available for lease. The property also includes a 3,460-square-foot freezer space, making it suitable for a range of businesses requiring temperature-controlled storage. Power is supplied by two 400-amp, 3-phase electrical panels. The property is zoned Light Industrial (IL) and is conveniently located approximately one mile from I-295, providing easy access to major transportation routes. The property is available for lease in the third quarter of 2024. This is a rare opportunity to secure a well-appointed warehouse and distribution facility in a desirable Portland location. Cumberland County location.

• Alternative Use

  Use

  Valuation

  Residential

  $4,476,640

  Hospitality

  $4,100,578

  Educational

  $3,411,633

  Medical

  $3,528,964

  Retail

  $5,306,985

Location Insight

City

Portland

County

Cumberland

State

Maine

Latitude

43.694

Longitude

-70.2594

CBSA code

38860

CBSA name

PORTLAND-SOUTH PORTLAND-BIDDEFORD, ME METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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