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Offered at $1,550,000Active
beds
—
baths
0
sq ft
6,000
Built
—

82 Gray & 59 Leighton Road

Falmouth, ME 04105

About this home

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. Land and buildings sold "As is"

Listing last checked: Listing updated:

Listed by Listing Agent · Pine Tree Realty of Maine · MLS #1637851

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Details at a glance

Building1 property facts
Style
Mixed Use
Land & utilities4 property facts
Lot size
2.83 acres
Water
Public
Sewer
Public Sewer
Zoning
VMU
Financial2 property facts
Annual taxes
$10,873
Assessment year
2025

Location

Estimated monthly cost

Explore costs at the $1,550,000 asking price. Adjust the assumptions to your situation.

Known monthly costs$8,744 / monthAdjust
Principal & interest
$7,838
Property tax
$906
Insurance
Not entered
HOA
Not entered

Listing annual taxes: $10,873. Initial monthly tax is one twelfth of that amount. HOA amount was not supplied.

Partial estimate: add insurance, monthly HOA to include those costs. Blank amounts are unknown.

The initial 6.5% rate is illustrative, not a current rate or lender quote. Excludes utilities, maintenance, closing costs and mortgage insurance, which may apply with a down payment below 20%. Taxes and insurance can change.

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About 82 Gray & 59 Leighton Road

Can I request a private showing?

Request a tour of 82 Gray & 59 Leighton Road and a Bean Group agent will help coordinate an available time with the listing side.

Can you help me evaluate this property?

Yes. We can discuss condition, comparable sales, offer strategy and the questions worth asking before you decide whether to proceed.

Are property documents available?

Availability varies by property and source. Request the documents you need and we will help obtain what is available.