133 Gray Road, Falmouth, ME 04105
Cumberland County
Key Facts
Description
Located in Falmouth's versatile Village Mixed Use district, this well-maintained commercial property is a great investment opportunity with immediate income and future flexibility. Just minutes from retail amenities, and dining, easy access to I-95, the Falmouth Spur, and Portland, this location is ideal for business success. The building is currently leased to five office tenants as well as a pilates studio, creating a stable and diverse revenue stream. Originally built in 1910, the building features classic architectural charm and period details throughout, creating a unique and inviting environment for tenants, clients or your own business. The flexible layout spans approximately 2,176 sqft across two levels allowing for a variety of uses. The 1 acre lot is enhanced by a wrap-around driveway, ample on-site parking, water frontage on the Piscataqua River and excellent visibility, making it extremely accessible for customers or tenants. Village Mixed Use zoning allows for a wide range of permitted uses, making this an ideal opportunity for someone seeking a home for their own business or for income today through continued office use, or future redevelopment/repositioning opportunities, residential conversion, or expansion (subject to local approvals). Recently renovated with heat pumps, refinished hardwood floors and fresh paint, this property is worth a look!
Property Information
Property Type
Commercial Sale
Sub-Type
Office
Year Built
1910
Living Area
2,176 sq ft
Lot Size
1.00 acres
Zoning
VMU
MLS® Listing#
1664063
Property Features
Cooling
Heating
Flooring
Basement
Parking
Lot Features
Construction
Foundation
Roof
Utilities
Water Source
Financial Details
HOA
None
Annual Taxes
$5,676
Tax year 2025
Parcel Number
FMTH-000043U-000000-000002
Affordability Calculator
$125,000
Estimated monthly payment
$3,327/mo
Principal $500,000 · Est. interest $697,544 over 30 yrs
Location
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