Storage Warehouse with Garage
For Sale
$160,000
11 Wilson Street, Sanford, ME 04073
Commercial Sale, Sanford, ME
Property Size1,144 SF
Lot Size0.12 Acres
Price / SF$139.86
Days on Market93
Property Features for 11 Wilson Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
Residential Dev.
Lot features
Other Location
Standard status
Active
Size
1,144 SF
Lot size
0.12 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
966
Utilities
Sewer type
Public Sewer
Heating system
Forced Air, Kerosene
Water source
Public
Building Details
Year built
1940
Flooring type
Concrete
Building materials
Wood Frame, Vinyl Siding
Roof type
Shingle
Listing Agency:
Town Square Realty Group
(207) 324-2860
Listed By:
Stephen Cabana
(207) 651-2125
Added: Jul 17
Changed: Oct 8
Last Checked: Oct 17 at 10:06AM
MLS# 1659970
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.
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Investment Insights
Based on property information with market context.
This 1,144-square-foot wood-frame storage building was constructed in 1940 and features vinyl siding, a shingle roof, concrete flooring, and one overhead garage door. The interior is heated with kerosene-fired forced air and includes a half bath. Public water and public sewer serve the property, with electricity also in place.
The surveyed 0.12-acre lot includes a backyard and is located on Wilson Street in Sanford, with access to downtown and Route 4. Zoned Residential Dev., the building is currently configured for storage and is identified as suitable for contractor materials or recreational equipment. The source information also describes potential conversion to a single-family home.
The surveyed 0.12-acre lot includes a backyard and is located on Wilson Street in Sanford, with access to downtown and Route 4. Zoned Residential Dev., the building is currently configured for storage and is identified as suitable for contractor materials or recreational equipment. The source information also describes potential conversion to a single-family home.
Key Highlights
- 1,144‑square‑foot storage building on a surveyed 0.12‑acre lot
- One overhead garage door with heated interior
- Public water, public sewer, and electricity
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$14,325
Cap Rate
8.95%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$286,500
$286.5K
Cap Rate 7%
$204,643
$204.6K
Cap Rate 9%
$159,167
$159.2K
Market Conditions
NOI Build-Up for 1,144 SF
Gross rent
$17.2K $15.00/SF
− Vacancy
−$307 −$0.27/SF
EGI
$16.9K $14.73/SF
− OpEx
−$2.5K −$2.21/SF
NOI
$14.3K $12.52/SF
Area
York County, ME
Vacancy
1.79%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$286,500
Cap Rate 7%
$204,643
Cap Rate 9%
$159,167
Alternative Uses
Best Use
Warehouse
$204.6K
$179.1K – $238.8K
NOI $14,325 @ 7.0% cap · market cap 8.95%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$362.6K
$317.3K – $423.1K
NOI $25,385 @ 7.0% cap · market cap 15.87%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Lease Details
1
Drive-in doors
Yes
Highway access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
328
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 04073, ME
17,283
Population
7,772
Households
2.2
Avg Household Size
41
Median Age
21%
College-Educated
90%
High-School Grad
37.7 sq mi
ZIP Area
458
Density / Sq Mi
$69,135
Median Household Income
$42,758
Median Earnings
$1,145
Median Rent
$259,500
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in Northeast region
Similar Off Market Nearby
- Sanford Self Storage — 17 Bennett St, Sanford, ME 04073
Frequently Asked Questions
What type of property is this?
Warehouse - Heated storage building with public utilities, concrete flooring, and a half bath.
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 $160,000.
What are key features of this property?
This property features: 1,144‑square‑foot storage building on a surveyed 0.12‑acre lot; One overhead garage door with heated interior; Public water, public sewer, and electricity
