Class A Industrial on 72.67 Acres

Industrial for Sale
Catylist Listing ID: 30824740
Property Subtypes: Flex Space, Free-Standing, Industrial-Business Park, Manufacturing, Mixed Use, Light Industrial, Net Leased, Office Showroom, Self Storage, Warehouse/Distribution
Building Size (RSF): 124,600 SF
Gross Building Area: 131,264 SF
Gross Land Area: 72.67 Acres
Sale Price: $9,500,000
Unit Price: $76.24 PSF
Ceiling: 37 ft. Clear
Docks/Doors: 14 Docks
Drive In Bays: 4 Bays
Property Use Type: Net Leased Investment (NNN), Investment, Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 11/30/2022

Overview / Comments

131,264 square foot industrial building contained in two adjoining and
interconnected warehouse buildings originally built for a paper pulp-processing plant
Situated on 72.67 acres or 3,165,505 square feet all zoned ID; Industrial, Free Trade Zone
Frontage along Lewiston Junction Road in the City of Auburn, ME
Large development opportunity or ample laydown area
Approximately $7.8M invested on recent upgrades and renovations
41,424sf of second floor warehouse space vacant (available for lease)
6,500sf of third floor office space vacant (available for lease)
Easily accessible via Maine Turnpike (Interstate 95)

Additional Details

Nearest MSA: Lewiston-Auburn
County: Androscoggin
Tax ID/APN: 01010_130-001
Zoning: ID; INDUSTRIAL & FREE TRADE ZONE
Rail Access: Yes
Airports: Auburn Airport
Tenancy: Multiple Tenants
Total Number of Buildings: 1
Number of Stories: 3
Property Condition: Excellent
Year Built: 1995
Year Renovated: 2018
Exterior Description: Steel Frame, IIB (Non Conbustible)
Parking Type: Surface
Parking Description: Ample, on site
Total Parking Spaces: 20
Passenger Elevators: 1
Overhead Cranes: 1
Sprinklers: Wet
Internet Access: Fiber Optic
Zoning Description: This district is intended to provide for those manufacturing, processing, transportation and storage uses which should be separated from other uses by reason of characteristics which may conflict with other uses. The exclusion of residential and commercial uses is intended to promote the economic welfare of the city by reserving especially suited areas for industry.

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 5,770 39,898
Median Age: 43.87 37.91
Households: 2,417 17,102

Contact

Photograph of Listing Agent

Kimberly Veilleux

Porta & Company NECPE Member
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