414 Hill Street
Industrial
for Sale
| Catylist Listing ID: |
30811110 |
| Property Subtypes: |
Flex Space, Light Industrial, Warehouse/Distribution
|
| Building Size (RSF): |
10,000 SF
|
| Gross Building Area: |
See Agent |
| Sale Price: |
$1,600,000 |
| Unit Price: |
$160 PSF |
| Ceiling: |
17 ft. Clear |
| Docks/Doors: |
1 Dock |
| Drive In Bays: |
1 Bay |
| Property Use Type: |
Net Leased Investment (NNN), Investment |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Last Updated: |
1/18/2023 |
Overview / Comments
414 Hill Street is a 10,000 SF industrial building that has been fully renovated as a state-of-the-art cultivation facility and storefront. Located directly across the street from 419 Hill Street (also for sale). Lease is secured with strong guarantees and strong escalators throughout the remaining 10-year term.
**Also sold as a portfolio with 419 Hill Street, Biddeford & 23 Washington Ave, Scarborough**
|
Additional Details
| Nearest MSA: |
Portland-South Portland |
| County: |
York |
| Tax ID/APN: |
Map 74, Lot 5 |
| Zoning: |
INDUSTRIAL 2 |
| Column Spacing: |
* |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
1,372 |
26,586 |
46,410 |
| Median Age: |
44.81 |
39.33 |
42.81 |
| Households: |
570 |
11,524 |
20,425 |
|
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