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: 8/29/2022

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: *

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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

Contact

Photograph of Listing Agent

T.C. Haffenreffer

The Dunham Group NECPE Member
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