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351 Main St Madison, ME 04950

For Sale
$225,000

High-Yield, 26-Unit Storage Business

Property size:
3,000 SF

Description

Added:
Feb 3, 2025
Days on Market:
311
This exceptional investment opportunity presents a fully operational self-storage facility located at 351 Main Street, Madison, ME. The property encompasses a substantial 3,000 square feet of building space situated on a 1.66-acre lot, providing ample room for expansion. Currently boasting 26 individual storage units, 23 of which are presently occupied, this facility generates immediate income. The building itself is constructed on a durable concrete pad, ensuring longevity and minimizing maintenance. Its strategic location just outside of downtown Madison on Route 148 offers excellent visibility and accessibility. A significant gravel parking area is a key feature, presenting considerable potential for future development, such as adding more storage units or complementary businesses. The property's strong occupancy rate and prime location make it an attractive investment for those seeking a stable, high-yield commercial venture. The asking price is $225,000. This turnkey operation requires minimal effort to continue generating revenue, making it an ideal choice for investors seeking a low-maintenance, high-return investment. The substantial lot size and existing infrastructure provide a solid foundation for future growth and expansion. Serious inquiries are encouraged to explore this lucrative opportunity further.

Property Features for 351 Main St

General Information

Property type
Other commercial real estate
Square Feet
3,000 SF
Lot Size
72,310 SF

Building Details

Year Built
1989

Property Profile Insight Report Location Intelligence

Current Use by Public Records

Commercial real estate

Suggested Use

Restaurant Realty agency Law Firm Building Supply Spa & Massage Auto Repair Shop Auto Parts Store Skin Care Clinic Kitchen & Bath Food Market

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

Location Insight

  • Map
  • Local Demand
City
Madison
County
Somerset
State
Maine
Longitude
-69.86062
Latitude
44.79983

FAQs

What type of property is this?
Commercial real estate - High-Yield, 26-Unit Storage Business
Where is this commercial real estate located?
The property is located at 351 Main St Madison, ME.
What is the asking price?
The asking price for this property is $225,000.
More about this property
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