Prime Industrial Development site

Industrial for Sale
Catylist Listing ID: 30872578
Property Subtypes: Cold Storage, Flex Space, Industrial-Business Park, Manufacturing, Light Industrial, Self Storage, Warehouse/Distribution
Building Size (RSF): 19,572 SF
Gross Building Area: See Agent
Sale Price: $1,200,000
Unit Price: $61.31 PSF
Ceiling: 18 ft. Clear
Drive In Bays: 3 Bays
Property Use Type: Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 5/15/2024

Overview / Comments

This is the former Corinth Pellet mill which is no longer in operation. The site consists of two buildings,(19000 sf+) one of which was partially destroyed in a fire in 2018. Total acreage exceeds 120 acres+, half of which is developed. The main transmission line for Versant Power is located at the rear of the property. Three phase power is available. Wells and septic service the site.

The location is off of State Highway Rt 15 and is only 25 minutes north of Bangor, Maine.

This is an ideal industrial development opportunity and also an excellent site for ground mounted solar development.


Finance Data Year 2024
Real Estate Taxes - Annual($) $10,700 (Annual)

Additional Details

Nearest MSA: Bangor
County: Penobscot
Taxing Authority: Town of Corinth
Tax ID/APN: 08/20-25
Highway Access: Rt 15
Airports: Bangor International Airport
Site Description: Level site exceeding 120 acres.
Total Number of Buildings: 2
Number of Stories: 2
Property Condition: Fair
Roof Type: Arched
Parking Type: Surface
Column Spacing: 20
Sprinklers: None
X-Phase: 3
Heat Type: Propane
Zoning Description: Industrial
Water Service: Well
Sewer Type: Septic

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 2,878 2,878
Median Age: 40.21 40.21
Households: 1,125 1,125


Photograph of Listing Agent

Robert Baldacci

FO Bailey Real Estate
NECPE Member
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