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2501 Portland Road

Arundel, ME 04046
  • $1,750,000
  • STATUS: Active
  • MLS #: 1562457
$1,750,000
  • 0
    BEDS
  • 2.68
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 12,704
    SQFT
Type:
Commercial
County:
Area:

School Ratings & Info

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Description

100-unit storage facility located on highly trafficked Route One in Arundel. The property consists of five self-storage buildings, an office building built in 2020 with reception area, kitchenette, corner office and half bath, plus a 6,300 SF gravel area that could be used for additional outdoor storage. Units range in size from 5x7 up to 10x20. One of the units is a 20x30 heated space that is currently owner-occupied and could potentially be broken up into more storage units. The property is entirely fenced in and offers 24-hour keypad access via a locked gate. Arundel Self Storage was purchased by the current owner in 2020 and has continued to be well-maintained. Historically, the business has had a high occupancy rate and is 90% occupied as of January 2024. Set on 2.68+/- acres, there may be the possibility of constructing one more building to add more units subject to town approval.

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Maine Real Estate Information Systems logo
Listing data is derived in whole or in part from the Maine IDX & is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.
© 2024 Maine Real Estate Information System, Inc. All Rights Reserved. Data last updated: 2024-04-18T13:20:18.91.
www.davidmarshallteam.com/homes/140658726
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2501 Portland Road Arundel, ME 04046

  • Price: $1,750,000
  • Status: Active
  • On Site: Days
  • MLS #: 1562457
0
Beds
0
Baths
0
½ Baths
2.68
Acres
12,704
SQFT
$138
$/SQFT
County:
York
Area:
Arundel
Property Description
100-unit storage facility located on highly trafficked Route One in Arundel. The property consists of five self-storage buildings, an office building built in 2020 with reception area, kitchenette, corner office and half bath, plus a 6,300 SF gravel area that could be used for additional outdoor storage. Units range in size from 5x7 up to 10x20. One of the units is a 20x30 heated space that is currently owner-occupied and could potentially be broken up into more storage units. The property is entirely fenced in and offers 24-hour keypad access via a locked gate. Arundel Self Storage was purchased by the current owner in 2020 and has continued to be well-maintained. Historically, the business has had a high occupancy rate and is 90% occupied as of January 2024. Set on 2.68+/- acres, there may be the possibility of constructing one more building to add more units subject to town approval.
Exterior Features

Construction Materials Vinyl Siding Foundation Details Slab Parking 21+ SpacesOn Site Parking Features 21+ SpacesOn Site Roof Metal

Interior Features

Heating Heat Pump Heating YN Yes

Property Features

Association YN No Heat Fuel Oil YN Yes Land Lease YN No Property Sub Type Industrial Sewer Private Sewer Tax Annual Amount 10958 Tax Year 2023 Water Source Public Zoning B1 -Business/Office

Maine Real Estate Information Systems logo Listing provided courtesy of Keller Williams Realty: .

© 2024 Maine Real Estate Information System, Inc. All Rights Reserved.

Mortgage Calculator is provided by BoomTown.
Maine Real Estate Information Systems logo
Listing data is derived in whole or in part from the Maine IDX & is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.
© 2024 Maine Real Estate Information System, Inc. All Rights Reserved. Data last updated: 2024-04-18T13:20:18.91.
 
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The David Marshall Team | eXp Realty, LLC
533 Congress Street
Portland ME, 04101
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