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Storage Building on Small Lot

11 Wilson Street Sanford, ME 04073

New
11 Wilson Street, Sanford, ME, 04073
$180,000
For Sale
$180,000

LAND - Sanford, ME

Property Size1,144 SF
Lot Size0.12 Acres
Price / SF$157.34
Days on Market1

Property Features for 11 Wilson Street

General Information

Property type
Land
Property subtype
Other
Zoning
Residential Dev.
Standard status
Active
Lot size
0.12 Acres

Taxes and HOA fees

Tax Year
2025
Tax Annual Amount
966

Utilities

Sewer type
Public Sewer
Water source
Public
Listing Agency Town Square Realty Group
883 Main Street Ste 5 & 6, Sanford, ME
Listed by Stephen Cabana
Added: Jul 17 Checked: Jul 17 at 4:06 pm
MLS# 1659971 Listing URL

Copyright © 2026 Maine Listings. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

The property includes a 1,144 SF storage building on a surveyed lot. The building has one overhead garage door and includes heat, water, sewer, electricity, and a half bath. It can be continued as storage for contractor materials or personal recreation items, or converted to a single-family home.

Easy access to downtown or Route 4 is noted in the listing remarks.

Pre-qualified buyers only, and notice is required to show.

Key Highlights

  • 1144 SF storage building with 1 overhead garage door
  • Connected utilities: heat, water, public sewer, and electricity
  • Includes a half bath

Local Financial Insights For Warehouse

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $17.2k $15.00
− Vacancy −$307 −$0.27
EGI $16.9k $14.73
− OpEx −$2.5k −$2.21
NOI $14.3k $12.52
1,144 SF · lease $15.00/SF/yr · vacancy 1.79% · expense 15.00%

Alternative Uses

Best Use
Warehouse
$204.6K
$179.1K – $238.8K (±1% cap)
NOI $14,325 @ 7.0% cap · market cap 7.96%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$362.6K
$317.3K – $423.1K (±1% cap)
NOI $25,385 @ 7.0% cap · market cap 14.10%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Residential land & home ...

Suggested Use

Real Estate Agency Building Supply Pharmacy Big Box & Wholesale Store Auto Repair Shop Storage Facility Skin Care Clinic Auto Parts Store Kitchen & Bath Showroom Garden Center

Zoning and permitted uses should be independently verified with local authorities.

Similar Off Market Nearby

  • Sanford Self Storage — 17 Bennett St, Sanford, ME 04073

FAQs

What type of property is this?
Warehouse - Small lot with a 1,144 SF storage building featuring an overhead garage door and utilities including heat and sewer.
Where is this warehouse located?
The property is located at 11 Wilson Street Sanford, ME.
What is the asking price?
The asking price for this property is $180,000.
What are key features of this property?
This property features: 1144 SF storage building with 1 overhead garage door; Connected utilities: heat, water, public sewer, and electricity; Includes a half bath
Contact an agent
More about this property
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