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Flex Space Building with Storage
For Sale
$289,000

152 Fairfield Street, Oakland, ME 04963

COMMERCIAL - Oakland, ME

Property Size3,936 SF
Lot Size1.00 Acre
Price / SF$73.42
Days on Market31

Property Features for 152 Fairfield Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning NC
Interior features Storage
Lot features Rural
Standard status Active
Size 3,936 SF
Lot size 1.00 Acre

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 2757

Utilities

Sewer type Septic Tank, Private Sewer
Heating system Hot Water(Heating), Propane (Heating), Radiant, Electric (Heating), Heat Pump (Heating)
Cooling system Heat Pump
Water source Public

Building Details

Year built 1986
Flooring type Concrete
Building materials Wood Frame, Vinyl Siding, Wood Siding
Roof type Metal
Additional Structures Storage
Listing Agency: Portside Real Estate Group
Listed By: Stephanie Gardner
Added: Jul 7 Changed: Aug 4 Last Checked: Aug 6 at 7:06AM
MLS# 1667607

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.

Flex space building totaling 3,936 SF on a 1-acre lot, built in 1986. The interior includes storage and concrete flooring, with a layout that begins at a bright storefront or reception entry and opens into a larger rear footprint that can support high-capacity storage or an expanded retail showroom configuration.

The exterior features a massive private driveway and dedicated parking stalls for both staff and clients. Construction is wood frame with vinyl siding and wood siding, capped with a metal roof. Heating includes a heat pump (heating), propane (heating), hot water (heating), radiant, and electric (heating), with heat pump cooling.

On-site utilities include public water service, along with private sewer and a septic tank. The property also includes professionally curated landscaping and mature fruit trees.

Key Highlights

  • 3,936 SF flex space building on a 1‑acre lot
  • Storefront or reception entry transitions to expansive rear footprint
  • Massive private driveway plus dedicated parking stalls for staff and clients

Financial Insights For Flex RnD

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 $39.2k $9.96
− Vacancy −$976 −$0.25
EGI $38.2k $9.71
− OpEx −$13.4k −$3.40
NOI $24.8k $6.31
3,936 SF · lease $9.96/SF/yr · vacancy 2.49% · expense 35.00%

Alternative Uses

Best Use
Warehouse
$5.87M
$5.14M – $6.85M (±1% cap)
NOI $411,049 @ 7.0% cap · market cap 142.23%
Second Best
Industrial
$4.84M
$4.23M – $5.64M (±1% cap)
NOI $338,511 @ 7.0% cap · market cap 117.13%
Theoretical Best
same as Best Use
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick HVAC Service Dental Office Auto Repair Shop Auto Parts Store Grocery & Convenience Store Bakery

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

Location Intelligence

Trade Area within ½ mile

68
Businesses Nearby
Well-served
Demand for This Use

Demographics for 04963, ME

7,358
Population
4,279
Households
1.7
Avg Household Size
45
Median Age
24%
College-Educated
95%
High-School Grad
51.1 sq mi
ZIP Area
144
Density / Sq Mi
$73,611
Median Household Income
$49,913
Median Earnings
$885
Median Rent
$228,200
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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Flex space - Flex space building with storage, concrete flooring, and heat pump cooling in zoning NC.
Where is this flex space located?
The property is located at 152 Fairfield Street Oakland, ME.
What is the asking price?
The asking price for this property is $289,000.
What are key features of this property?
This property features: 3,936 SF flex space building on a 1‑acre lot; Storefront or reception entry transitions to expansive rear footprint; Massive private driveway plus dedicated parking stalls for staff and clients
More about this property
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