Warehouse - 24,000SF w Loading Docks

Industrial for Sale
Catylist Listing ID: 30870539
Property Subtypes: Cold Storage, Flex Space, Food Processing, Free-Standing, Manufacturing, Mixed Use, Light Industrial, Office Showroom, Research & Development, Self Storage, Truck Terminal, Warehouse/Distribution, Other
Building Size (RSF): 24,000 SF
Gross Land Area: 78 - 150 Acres
Sale Price: $1,200,000
Unit Price: $50 PSF
Ceiling: 14 ft.
Docks/Doors: 4 Docks, 4 Doors
Office SF: 2,000 SF
Property Use Type: Investment, Vacant/Owner-User
Usable Size (USF): 24,000 SF
Sale Terms: Cash to Seller, Owner Financing
Cap Rate: Undisclosed
Last Updated: 5/3/2024

Overview / Comments

271 Turkey Ave, Lot 4-54-A, is the 24,000 sf Morton (https://mortonbuildings.com/about-mortonrefrigerated production and storage facility) turnkey refrigerated warehouse facility
ready for occupancy and use. Estimated replacement is $175/psf or $4.2 million. With multiple power loading docks, including power levelers, laydown and truck turning area, separate cooling rooms, 14’ ceiling and 2,000 SF of office space this one building alone establishes the value of this unique investment parcel. Parcel is 78+/- Acres*.
*Sale includes additional land and Buildings. Talk to :Listing Broker

Financials

Finance Data Year 2024
Real Estate Taxes - Annual($) $12,000 (Annual)

Additional Details

Nearest MSA: Augusta-Waterville
County: Kennebec
Taxing Authority: Town Of Winthrop
Tax ID/APN: D0906R
Zoning: GENERAL COMMERCIAL
Property Located Between: Augusta and Winthrop
Highway Access: Maine Turnpike I-95 Augusta Exit 109 - 18 min (12.0 miles) via US-202 E Fastest route, the usual traffic
Airports: Augusta State Airport 75 Airport Rd, Augusta, ME 04330
Site Description: Longitude: -70.001414 Latitude: 44.3114383 Elevation: 122m / 400feet Lake region of west-central Maine. Eastern Sloping mostly wooded with large areas cleared.
Area Description: From Wikipedia Search: Winthrop is an industrial and suburban center, located about 10 miles west of Maine's capital city, Augusta. According to the United States Census Bureau, the town has a total area of 37.90 square miles (98.16 km2), of which 31.22 square miles (80.86 km2) is land and 6.68 square miles (17.30 km2) is water. The Town of Winthrop is a census-designated place (CDP) comprising the primary settlement in the town of Winthrop in Kennebec County, Maine, United States. The population was 6,092 at the 2010 census.
Tenancy: Single Tenant
Total Number of Buildings: 5
Number of Stories: 1
Typical SF / Floor: 24,000 SF
Property Condition: Excellent
Year Built: 1994
Roof Type: Hip
Construction/Siding: Steel Frame
Exterior Description: Surprisingly good condition siding, roof and structural appearance.
Parking Ratio: 10 (per 1000 SF)
Parking Type: Surface
Parking Description: Paved Area in front entry with large gravel area for parking and turn-around tractor trailer access to loading docks
Total Parking Spaces: 40
Column Spacing: 30
Sprinklers: Wet
Amps: 600
X-Phase: three-phase
Heat Type: Oil, Space Heaters
Heat Source: Central
Air Conditioning: Engineered System, Other
Lighting: Fluorescent, Incandescent
Internet Access: Other
Interior Description: Separated into 3 large warehouse spaces with refrigerated rooms, large warehouse area and 2000 SF office space
Zoning Description: Mixed Use.
Lot Frontage: 2000
Lot Depth: 1800
Water Service: Well
Sewer Type: Septic
Easements: Utilities
Easements Description: One Easement provided to a solar farm yet to be constructed on abutting property to Three-phase power on Boone Lane
Land Ownership: owned
Legal Description: included on Municipal tax may 5 lot 54 plus

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,769 5,362 9,894
Median Age: 44.45 45.2 45.21
Households: 698 2,292 4,148

Contact

Photograph of Listing Agent

Anthony J. Donovan

Spectrum Real Estate NECPE Member
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