82 Gray & 59 Leighton Road, Falmouth, ME 04105

$1,550,000
Property Type: Commercial Square Footage: 6,000 Lot Size (sq. ft.): 123,275 Status: Active
Current Price: $1,550,000 List Date: 9/16/2025 Last Modified: 1/29/2026

Description

Prime, highly visible, corner lot in Falmouth near turnpike exit! This prime development opportunity sits on one of Falmouth's most visible corners, just 0.2 miles from Maine Turnpike Exit 53, and offers exceptional potential for a wide range of permitted uses—including multi‑unit residential, restaurant, office, or retail—pending town approvals. The property consists of two separate lots sold together, each with its own driveway entrance and approval for additional access, and is serviced by public water and sewer. Existing structures include a partially finished 4,000+ SF Insulated Concrete Form (ICF) building with ICF walls in place for two floors and a full basement, concrete first and second floors, a basement designed for business inventory storage, a main level built to allow truck drive‑in access for unloading, and a second floor planned as a two‑unit dwelling, with most windows and many materials for completion already on site. Also included is a 1,260 SF Cape‑style home with 3-4 bedrooms, 2 baths, and a detached garage, which is move‑in ready or easily convertible into a small professional office suitable for medical, dental, real estate, or other service‑based uses. A third dwelling exists on the property but would require significant renovation or demolition. Square footage reflects the combined area of the existing residence and the potential finished space within the ICF structure

Supplements: ********

More Information MLS# 1637851

Location Information

Street #: 82 Street Name: Gray & 59 Leighton Street Type: Road County: Cumberland Town: Falmouth State/Province: ME Zip Code: 04105 Zip +4: 2028 Leased Land: No Book: 40315 Page: 205 & 208 Map: U44 Lot: 24 & 23 Zoning: VMU Zoning Overlay: Yes Full Tax Amount $: 10518 Tax Year: 2024 Tree Growth Y/N: No Association Y/N: No Geo Lat: 43.7364 Geo Lon: -70.297895

Contract Information

Status: Active Original List Price: 1750000 List Price: $1,550,000 Current Price: $1,550,000

Property Information

Primary Use: Mixed Use Surveyed: Yes Deed/Conveyance Type Offered: Warranty Deed Restrictions: Unknown Bank Owned REO: No Leases: No SqFt Finished Total: 6000 Lot Size Acres +/-: 2.83 Road Frontage +/-: 680

Utilities

Utilities On: Yes

Property Features

Location: Bus Line; Business District; Near Shopping; Near Turnpike/Interstate; Office Park; Public Transport Access; Retail Strip; Suburban Construction: Other; Wood Frame Other Structures: Outbuilding; Shed(s) Levels: Multi-Level Property Uses: Bed & Breakfast; Business Park; Child Care; Church; Commercial; Convenience Store; Development; Executive Suites; Freestanding Building; Governmental; Manufacturing; Medical; Office Building; Restaurant; Retail; Strip Mall Basement: Full Parking: 5 - 10 Spaces; Off Street Electric: Circuit Breakers Gas: No Gas Sewer: Public Sewer Water: Public
Listing Office: Pine Tree Realty of Maine
Last Updated: January - 29 - 2026
Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. Copyright ©2022 Maine Real Estate Information System, Inc. All Rights Reserved. Equal Housing Opportunity.

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