420 School St, Berwick

Industrial for Sale
Catylist Listing ID: 30799807
Property Subtypes: Flex Space, Industrial-Business Park
Building Size (RSF): 14,582 SF
Gross Building Area: See Agent
Gross Land Area: 3.38 Acres
Sale Price: $1,200,000
Unit Price: $82.29 PSF
Ceiling: 21 ft. / 15 ft. Clear
Drive In Bays: 2 Bays
Property Use Type: Net Leased Investment (NNN)
Sale Terms: Cash to Seller
Cap Rate: 6.75%
Average Occupancy Rate: 100
Last Updated: 2/3/2023

Overview / Comments

Here's a fantastic investment opportunity for sale - a fully leased industrial park with great cash flow right on School Street in Berwick. It's 6 buildings in great condition with minimal upkeep and efficient heating. The property sits on 3.38 ac., with plenty of room to expand.

Attachments & Media

Additional Details

Nearest MSA: Portland-South Portland
County: York
Tax ID/APN: 1597
Zoning: R3
Highway Access: I-95
Site Description: It's a great location, with many industrial and auto business around and about 30 minutes from Portsmouth, NH and 45 minutes to Portland, ME.
Area Description: This property is right on School Street, which connects Berwick to North Berwick, and has a traffic count of over 7,000 vehicles per day.
Tenancy: Multiple Tenants
Total Number of Buildings: 6
Number of Stories: 1
Year Built: 2013
Roof Type: Gable
Construction/Siding: Metal Siding
Exterior Description: Prefinished Metal
Parking Type: Roof Top, Surface
Parking Description: - Asphalt Paving - Garage Available
Heat Type: Propane, Other
Heat Source: Other
Interior Description: - Minimum Masonry - Plywood Panel - Concrete Finish - Steel Framing
Zoning Description: R3
Lot Frontage: 300

View FullscreenMap

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,888 8,897 33,583
Median Age: 40.13 36.31 39.27
Households: 1,099 3,533 13,175
© Copyright 2001-2023 Catylist. All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither New England Commercial Property Exchange nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.