207 Development DrLimestone, ME 04751

  • Mixed-use properties
  • 47,783 SF
For Lease
$3/SF/YR View listing

Property Details for 207 Development Dr

Year built
1985
Property size (Sq ft)
47,783 SF
Property type
Mixed-use properties
Property subtype
Other warehouses

Description

This exceptional 47,783-square-foot mixed-use building in Limestone, Maine, presents a unique investment opportunity. Located at 207 Development Drive on the former Loring Air Force Base, this Class A property offers flexible space ideal for a variety of uses, including traditional office, creative office, medical office, coworking, R&D, distribution, warehouse, manufacturing, flex space, and executive office. The building features approximately 30,000 square feet of finished space and 18,000 square feet of warehouse space, with high ceiling clearances and recently upgraded ventilation. Built in 1985 with significant renovations as recent as 2007, including a new roof, the property boasts 170+ parking spaces and three loading docks. Minimum leasable space is 5,000 square feet, with the entire 47,783 square feet available. The property is zoned for Commercial/Mixed Use and benefits from several 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. Situated within the Green 4 Maine Campus at Loring, this location offers access to a robust infrastructure, including a high-capacity municipal utility infrastructure and a newly constructed dark fiber network. The campus is home to over 45 employers and 1,200 employees, and is strategically positioned as a major air cargo distribution hub with a 12,000+ foot airstrip. This property is perfectly suited for businesses seeking a modern, efficient, and strategically located space within a thriving community. The streamlined permitting process and flexible zoning further enhance its appeal.

207 Development Dr, Limestone, Maine

Location Insight

City
Limestone
County
Aroostook
State
Maine
Latitude
46.9229
Longitude
-67.8726

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