For Sale
$1,150,000

366 Us-1Falmouth, ME 04105

Multi-tenant office building, 100% occupied.

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional investment opportunity presents a 5,940 square foot, single-story office building situated on a 1.26-acre lot at 366 US Route One in Falmouth, Maine. Built in 1969, this Class B property boasts a multi-tenant occupancy of 100%, with three tenants currently leasing the two units. The asking price is $1,150,000, translating to a price per square foot of $193.60. The property is zoned BP - Business and Professional, offering flexibility for future use. Its prime location provides convenient access to both I-295 and the Falmouth spur of the Maine Turnpike, ensuring high visibility and accessibility. The well-maintained grounds offer a peaceful, natural setting, a desirable feature for tenants and investors alike. This property is an ideal investment for those seeking a stable, fully occupied asset with strong potential for long-term growth in a highly sought-after location. The building's 5,940 square feet are distributed across two units, making it suitable for a variety of business needs. This is a rare opportunity to acquire a well-maintained, fully occupied commercial property in a thriving Maine community. The property's location on US Route One in Falmouth, Cumberland County, zip code 04105, offers excellent visibility and accessibility.

Property Details for 366 Us-1

Property type
Office properties
Square Feet
5,940 SF
Class
B
Year Built
1969
Stories
1
Lot Size (sq. ft)
54,886 SF
Units
2

Location Insight

City
Falmouth
County
Cumberland
State
Maine
Latitude
43.73806703
Longitude
-70.22262856
366 Us-1, Falmouth, Maine

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366 Us-1
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