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Active
    • $625,000

    133 Gray Road, Falmouth, ME 04105

    4beds
    2,176sqft
    : 
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    Single Family Residence
    Built in 1910
    1 Acres Lot
    $607,700 Zestimate®
    $287/sqft
    $-- HOA

    What's special

    Excellent visibilityPeriod details throughoutClassic architectural charmRefinished hardwood floorsFresh paintWrap-around drivewayAmple on-site parking
    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!
    16 days
    |
    2,287
    |
    121
    |

    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listed by:

    Portside Real Estate Group

    Source: Maine Listings,MLS#: 1664065MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 2
      • Full bathrooms: 1
      • 1/2 bathrooms: 1
      Bedroom 1
      • Level: First
      Bedroom 2
      • Level: Second
      Bedroom 3
      • Level: Second
      Bedroom 4
      • Level: Second
      Bedroom 5
      • Level: Second
      Dining room
      • Level: First
      Living room
      • Features: Built-in Features
      • Level: First
      Office
      • Features: Built-in Features, Closet
      • Level: First
      Heating
      • Forced Air, Heat Pump
      Cooling
      • Heat Pump
      Features
      • 1st Floor Bedroom, Bathtub, Shower, Storage
      • Flooring: Tile, Wood
      • Basement: Interior Entry,Walk-Out Access,Full,Unfinished
      • Has fireplace: No
      Interior area
      • Total structure area: 2,176
      • Total interior livable area: 2,176 sqft
      • Finished area above ground: 2,176
      • Finished area below ground: 0

      Property

      Parking
      • Total spaces: 1
      • Parking features: Paved, 5 - 10 Spaces, Underground, Basement
      • Attached garage spaces: 1
      Features
      • Patio & porch: Deck
      • On waterfront: Yes
      • Body of water: Piscataqua River
      • Frontage length: Waterfrontage: 127,Waterfrontage Owned: 127
      Lot
      • Size: 1 Acres
      • Features: Business District, Near Country Club, Near Golf Course, Near Shopping, Near Turnpike/Interstate, Rolling Slope, Wooded
      Details
      • Parcel number: FMTHMU43B002
      • Zoning: VMU

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: New Englander
      • Property subtype: Single Family Residence
      Materials
      • Wood Frame, Clapboard, Wood Siding
      • Foundation: Stone, Brick/Mortar
      • Roof: Shingle
      Condition
      • Year built: 1910

      Utilities & green energy

      • Electric: Circuit Breakers
      • Sewer: Quasi-Public
      • Water: Public

      Community & HOA

      Location
      • Region: Falmouth

      Financial & listing details

      • Price per square foot: $287/sqft
      • Tax assessed value: $409,800
      • Annual tax amount: $5,676
      • Date on market: 5/27/2026
      • Road surface type: Paved

        Estimated market value

        $607,700

        $577,000 - $638,000

        $5,121/mo

        Price history

        DateEventPrice
        5/27/2026Listed for sale$625,000+35.9%$287/sqft
        Source: Maine Listings #1664065 Report a problem
        11/6/2023Listing removed--
        Source: RE/MAX International Report a problem
        5/10/2023Sold$460,000-8%$211/sqft
        Source: Maine Listings #1550104 Report a problem
        5/10/2023Pending sale$499,900$230/sqft
        Source: Maine Listings #1550104 Report a problem
        3/10/2023Listed for sale$499,900$230/sqft
        Source: RE/MAX International #1550104 Report a problem
        3/10/2023Contingent$499,900$230/sqft
        Source: Maine Listings #1550104 Report a problem
        2/20/2023Listed for sale$499,900$230/sqft
        Source: Maine Listings #1550104 Report a problem
        2/6/2023Pending sale$499,900$230/sqft
        Source: RE/MAX International #1550104 Report a problem
        2/6/2023Contingent$499,900$230/sqft
        Source: Maine Listings #1550104 Report a problem
        1/31/2023Price change$499,900-8.9%$230/sqft
        Source: Maine Listings #1550104 Report a problem
        11/9/2022Price change$549,000-7.7%$252/sqft
        Source: Maine Listings #1541322 Report a problem
        10/3/2022Price change$595,000-14.4%$273/sqft
        Source: Maine Listings #1541322 Report a problem
        8/26/2022Listed for sale$695,000$319/sqft
        Source: Maine Listings #1541322 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$5,483 +6.8%$409,800 +0.9%
        2023$5,134 +6%$406,200
        2022$4,842 -19.2%$406,200 +15.6%
        2020$5,990 +0%$351,300
        2019$5,990 +3.5%$351,300 -0.1%
        2018$5,789 +5.4%$351,500
        2017$5,490 +3.5%$351,500
        2016$5,304 +3.2%$351,500
        2015$5,142 +3.7%$351,500
        2014$4,956 $351,500 +37.3%
        2006-- $256,000

        Find assessor info on the county website

        Monthly payment

        Est. payment

          Payment breakdown

          Explore the cost of this home by adjusting the details. Changes won't be saved.
          All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
          HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
          Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
          See how much you could borrow to make a competitive offer.

          Climate risks

          Neighborhood: 04105

          Getting around

          28 / 100
          Car-Dependent
          26 / 100
          Somewhat Bikeable

          Nearby schools

          GreatSchools rating

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