Industrial real estate has been holding strong and consistent through the pandemic, in part because having space to spread out is vital to preventing the spread of COVID-19.
As Irwin Tools leaves its home of over 40 years at the Gorham Industrial Park, this manufacturing facility is now one of the few properties available in Greater Portland, where the commercial vacancy rate was 2.44% in December.
The 44,870± SF, brick and metal frame building has two loading docks with 14-foot overhead doors, eight-inch-thick concrete floors, 480V 3 phase electrical system to support 100+ CNC machines and a trenching/piping system for grinding oil recovery, gas fired HVAC, new staircases and new security and fire alarm systems.
The sale will also include a five-ton crane, welding hood and modular machine shop.
Investors, take note of this great location off Route 25. It sits on an 8.3± acre site, which provides room to expand in the future.
Available Apr. 1, 2021.
37 Bartlett Rd. in Gorham is offered for sale at $3,900,000 by Joe Malone, CCIM, SIOR and Jennifer Small, Broker, of Malone Commercial Brokers in Portland. Please contact Joe at 207-773-2554; joe@malonecb.com or Jennifer at 207-772-6871; jennifer@malonecb.com.
Visit malonecb.com to learn more about Maine commercial properties for sale or lease.
Comments are not available on this story.
Send questions/comments to the editors.
