Building Details

Building Size 99,170 SF

Year Built 1900

Listing Agency: RE/MAX Infinity j***@gmail.com Show Phone

Listed By: James Quimby · License #DB919227 Show Phone

Source: Startpoint

Added: Apr 2, 2024 Changed: Aug 30 Last Checked: Aug 30 at 11:59PM

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Investment Insights

Based on property information with market context.

Located at 32 Mill Street in Newport, Maine, this Industrial-zoned property includes 97,000 square feet of manufacturing and warehouse space, along with dedicated office areas. The improvements date to 1900 and include multiple loading docks supporting material movement and distribution functions.

The property encompasses 6-plus acres with parking available on site and more than 2,000 feet of frontage along the Sebasticook River. Access to I-95 supports regional transportation and logistics. The combination of substantial industrial space, office functionality, loading infrastructure, acreage, and river frontage creates a versatile commercial configuration.

Key Highlights

• 97,000 square feet of manufacturing and warehouse space
• 6‑plus acres with on‑site parking
• More than 2,000 feet of Sebasticook River frontage

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Big Box & Wholesale Store Real Estate Agency Storage Facility Building Supply Plumbing Service Furniture & Home Goods

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes

Highway access

Location Intelligence

Trade Area within ½ mile

220

Businesses Nearby

Balanced

Demand for This Use

Explore this area Business Placement

Demographics for 04953, ME

3,139

Population

1,830

Households

1.7

Avg Household Size

47

Median Age

29%

College-Educated

92%

High-School Grad

29.5 sq mi

ZIP Area

106

Density / Sq Mi

$62,708

Median Household Income

$46,538

Median Earnings

$884

Median Rent

$213,400

Median Home Value

Market

Vacancy Rate% for Industrial in Northeast region

5.4% 2019

4.6% 2020

3.2% 2021

3.3% 2022

5.3% 2023

6.6% 2024

7.6% 2025

Questions? Ask Rey

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What type of property is this? Where is this flex space located? What is the asking price? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Flex space - Industrial property combines manufacturing and warehouse space with offices, loading docks, and Industrial zoning.

Where is this flex space located?

The property is located at 32 Mill Street Newport, ME.

What is the asking price?

The asking price for this property is $1,150,000.

What are key features of this property?

This property features: 97,000 square feet of manufacturing and warehouse space; 6‑plus acres with on‑site parking; More than 2,000 feet of Sebasticook River frontage