Highly Visible Industrial/Office

Industrial for Sale
Catylist Listing ID: 30874413
Property Subtypes: Flex Space, Light Industrial, Office Showroom, Warehouse/Distribution
Building Size (RSF): 130,000 SF
Gross Building Area: See Agent
Gross Land Area: 18.96 Acres
Sale Price: $9,950,000
Unit Price: $76.54 PSF
Ceiling: 17 ft. Clear
Docks/Doors: 2 Docks
Property Use Type: Investment, Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 8/12/2024

Overview / Comments

130,000± SF industrial/office building sitting on 18.96± acres with 850’ of frontage on Route 202 in Winthrop, ME. Significant income producer with solid tenant mix. 21,500± SF vacancy and development upside for owner/user. Over $700,000 of ongoing upgrades and renovations completed since 2022, including new LED lighting, flooring, conference room, and HVAC units. Centrally located on heavily trafficked US Route 202.

Submit NDA for Offering Memorandum.

Attachments & Media

Additional Details

Nearest MSA: Augusta-Waterville
County: Kennebec
Tax ID/APN: 11290_005-066-A00-000
Zoning: GENERAL COMMERCIAL
Tenancy: Multiple Tenants
Total Number of Buildings: 1
Number of Stories: 1
Year Built: 1971
Year Renovated: 2022
Parking Description: Ample on-site
Column Spacing: TBD
Sprinklers: Wet
Heat Type: Propane
Lot Frontage: 850
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 890 6,092 14,026
Median Age: 37.34 45.27 44.37
Households: 425 2,598 5,755

Contact

Photograph of Listing Agent

Michael G. Cobb

Colliers NECPE Member
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