23 Washington Avenue

Industrial for Sale
Catylist Listing ID: 30811101
Property Subtypes: Manufacturing, Warehouse/Distribution
Building Size (RSF): 42,400 SF
Gross Building Area: See Agent
Sale Price: $6,195,000
Unit Price: $146.11 PSF
Ceiling: 24 ft. Clear
Docks/Doors: 6 Docks
Drive In Bays: 2 Bays
Property Use Type: Net Leased Investment (NNN), Investment
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 3/3/2023

Overview / Comments

23 Washington Avenue in Scarborough, Maine is a 42,400± square foot industrial building situated on 5.24± acres with substantial land for future expansion. The property is secured by 3 Tenants - all with leases ranging from 7 to 10 years left on the term.

**Also sold as a portfolio with 414 & 419 Hill Street, Biddeford**

Additional Details

Nearest MSA: Portland-South Portland
County: Cumberland
Tax ID/APN: Map R062, Lot 007A
Zoning: INDUSTRIAL 1
Column Spacing: *
Sprinklers: Dry
Amps: 1,800
Volts: 480
X-Phase: 3
Heat Type: Natural Gas

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 932 16,528 52,574
Median Age: 61.81 44.84 42.6
Households: 435 6,619 22,430

Contact

Photograph of Listing Agent

T.C. Haffenreffer

The Dunham Group NECPE Member
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