Hi-Bay Industrial Building, Trailer, Two Lots

Industrial for Sale
Also listed as Business Opportunity
Catylist Listing ID: 30872370
Property Subtypes: Flex Space, Free-Standing, Industrial-Business Park, Manufacturing, Light Industrial, Office Showroom, Warehouse/Distribution, Other
Building Size (RSF): 3,600 SF
Gross Land Area: 1.41 Acres
Sale Price: $799,000
Unit Price: $221.94 PSF
Ceiling: 16 ft. Clear
Property Use Type: Vacant/Owner-User, Business
Building Name: 220 Riverside Industrial Parkway
Usable Size (USF): 3,600 SF
Sale Terms: Cash to Seller, Owner Financing
Cap Rate: Undisclosed
Last Updated: 5/20/2024

Overview / Comments

Hi-Bay clear span metal building with openings intact for 2 Overhead Doors to be installed where they used to be in the building. First floor is ideal for storage, parking vehicles, assembly, etc. The building was recently a growing facility. Some growing equipment remains, which can be removed or left if a purchaser has interest in having it. The second floor has a private office, work area and storage. The adjacent property has an easement for access to its transmission tower and guy wires for maintenance

Financials

Finance Data Year 2024
Real Estate Taxes - Annual($) $6,343 (Annual)

Additional Details

Nearest MSA: Portland-South Portland
County: Cumberland
Taxing Authority: Portland
Tax ID/APN: 330-H-Lot 1; 330-H-Lot 5
Zoning: IM
Property Located Between: Riverside Industrial Parkway and Milliken Street
Highway Access: Maine Turnpike
Airports: Portland International Jetport.
Site Description: Two lots. Property is subject to
Area Description: Thriving Industrial Parkway with immediate access to Maine Turnpike and Portland arteries
Total Number of Buildings: 2
Number of Stories: 2
Property Condition: Good
Year Built: 1975
Year Renovated: 2022
Construction/Siding: Metal Siding
Parking Type: Surface
Parking Description: Ample parking on site
Overhead Cranes: Undisclosed
Amps: 400
Heat Type: Electricity
Heat Source: Central, Heat Pump
Air Conditioning: Other
Lighting: Fluorescent
Internet Access: Cable
Interior Description: Some partitions - the building is clear span
Zoning Description: Flexible IM Zoning
Water Service: Municipal
Sewer Type: Municipal
Easements: Electric Lines, Ingress/Egress
Easements Description: Access to Tower facility on adjacent property for maintenance and for guy wires. Warranty Deed of Easement Attached

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 6,669 59,192 108,205
Median Age: 39.18 39.08 38.53
Households: 2,834 25,400 48,314

Contact

Photograph of Listing Agent

Roxane A. Cole

Roxane Cole Commercial Real Estate, LLC
NECPE Member
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