41 Eisenhower Drive

Industrial for Sale
Catylist Listing ID: 30854110
Property Subtypes: Cold Storage, Food Processing, Free-Standing, Industrial-Business Park, Manufacturing, Light Industrial, Net Leased, Research & Development, Truck Terminal, Warehouse/Distribution
Building Size (RSF): 61,120 SF
Gross Building Area: See Agent
Gross Land Area: 6.04 Acres
Sale Price: $8,750,000
Unit Price: $143.16 PSF
Ceiling: 24 ft. Clear
Docks/Doors: 6 Docks
Office SF: 13,720 SF
Drive In Bays: 2 Bays
Property Use Type: Net Leased Investment (NNN), Investment, Vacant/Owner-User, Business
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 4/13/2024

Overview / Comments

Ideal Westbrook logistics hub, centrally located in proximity to the Maine Turnpike, Portland Jetport and I295, is on the market for the first time. The well-maintained Butler Manufacturing/Varco Pruden 61,000+ SF pre-engineered metal building, comprising 47,000 +/- SF of industrial space with 24' clearance, 50' clear span, eight loading docks/overhead doors, 800-amp 3-phase and 13,000 +/- SF two-story office component, is in turnkey condition.

At $143/SF, it's a ready-made low-cost solution for users seeking to bypass a likely two-plus year land search, design and construction project timeline for a distribution hub. That's assuming a buyer-user could find 6.0 +/- acres in an industrial park centrally located in Greater Portland.

Financials

Finance Data Year 2023
Real Estate Taxes - Annual($) $57,426 (Annual)

Additional Details

Nearest MSA: Portland-South Portland
County: Cumberland
Tax ID/APN: 5148
Zoning: MZD
Total Number of Buildings: 1
Number of Stories: 2
Property Condition: Excellent
Year Built: 1985
Roof Type: Flat
Construction/Siding: Metal Siding
Parking Type: Surface
Parking Description: Three parking lots
Total Parking Spaces: 60
Column Spacing: 50
Amps: 800
Heat Type: Natural Gas
Heat Source: Central, Wall Units
Part of Planned Development?: Yes
Water Service: Municipal
Sewer Type: Municipal

View FullscreenMap

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 5,471 30,472 93,081
Median Age: 39.23 39.41 39.07
Households: 2,330 12,611 39,495

Contact

Photograph of Listing Agent

Michael Rogers

eXp Realty NECPE Member
© Copyright 2024 Moody's. All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither New England Commercial Property Exchange nor Moody's assume any liability for errors or omissions.