6 Williams Street Farmingdale, ME

$4,250,000
Square Footage 51,600
Acres 4.84
Photo of 6 Williams Street Farmingdale ME 04344




Description

51,600 SF Self Storage Facility | Maine Avenue, Farmingdale, METhis newly constructed, state-of-the-art self storage facility offers 51,600 square feet of rentable space along Maine Avenue, a highly visible and heavily traveled corridor connecting Gardiner and Augusta. The property is being sold vacant, providing a rare value-add opportunity to acquire a brand-new facility at a low cost basis with strong potential for income growth through lease-up and operational optimization.Property HighlightsTotal Size: 51,600 SF of self storageStatus: Brand new construction, delivered vacantLocation: High-visibility frontage on Maine Avenue (U.S. Route 201) in Farmingdale, MEAccess: Easy ingress and egress with strong daily traffic countsConstruction Quality: Durable, low-maintenance materials designed for long-term performanceInvestment SummaryThis facility represents an exceptional value-add acquisition for investors seeking to enter the self storage market or expand their Maine portfolio. With the property being sold well below replacement cost, new ownership can establish operations, implement dynamic pricing, and drive occupancy to stabilize a strong income-producing asset.The surrounding Augusta-Gardiner-Hallowell area continues to see residential growth, small business activity, and rising demand for storage—all of which position this facility for solid long-term performance.


Listed by CORE, Benjamin Spencer 207-210-5677

Details

MLS 1642711
Status Pending
Price $4,250,000
DOM 281 days
Type Commercial
Square Feet 51,600 sqft
Lot Size 4.84 acres
Year Built 2025
Taxes Paid $2,722

Lot & Building Features

Parking Description On Site
Tax Year 2024
Taxes Paid $2,722

Map

Financing

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20%
1%
6.75%
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Principal & Interest
Monthly Taxes
Monthly HOA
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Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This calculator only provides an estimate.