Insulated Garage Workshop
177 Town Farm Road Harrison, ME 04040
For Sale
$303,250
Fully insulated, sheet-rocked garage/workshop on a 1.15-acre lot with 16-foot ceilings and two large automatic doors.
Property Size1,904 SF
Price / SF$159.27
Days on Market19
Property Features for 177 Town Farm Road
General Information
Standard status
Active
Size
1,904 SF
Property subtype
Commercial
Building Details
Year Built
1997
Listing Agency:
Kezar Realty
Listed By:
Pamela Sessions
(603) 433-3350
Source:
Greatislandrealty
Added: Jul 11
Changed: Jul 26
Last Checked: Jul 26 at 11:21PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Kezar Realty
Investment Insights
Based on property information with market context.
This fully insulated, sheet-rocked garage/workshop building includes an addition built in 2014 for additional storage and/or workshop space. The interior features 16-foot ceilings and two automatic garage doors: one 12-foot door and one 14-foot door. The property also includes a full bathroom and a dedicated loft library space that can be used as a reading retreat, office, or additional sleeping area.
The building is situated on a 1.15-acre lot in Harrison, near lakes and recreational opportunities. On-site utilities include 220-amp power, a private well, and a septic system.
For RV owners, the property provides a dedicated hookup with power, water, and sewer. The layout offers substantial room for parking and work, with any conversion or additional uses subject to local zoning and municipal approvals.
The building is situated on a 1.15-acre lot in Harrison, near lakes and recreational opportunities. On-site utilities include 220-amp power, a private well, and a septic system.
For RV owners, the property provides a dedicated hookup with power, water, and sewer. The layout offers substantial room for parking and work, with any conversion or additional uses subject to local zoning and municipal approvals.
Key Highlights
- 34' x 50' fully insulated, sheet‑rocked garage/workshop built in 1997 with an addition storage/workshop area added in 2014
- 1.15‑acre lot in Harrison near lakes and recreational opportunities
- Interior features 16‑ft ceilings plus one 12‑ft automatic garage door and one 14‑ft automatic garage door
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 | $18.0k | $9.48 |
| − Vacancy | −$644 | −$0.34 |
| EGI | $17.4k | $9.14 |
| − OpEx | −$2.6k | −$1.37 |
| NOI | $14.8k | $7.77 |
1,904 SF · lease $9.48/SF/yr · vacancy 3.57% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$211.4K
$184.9K – $246.6K
NOI $14,795 @ 7.0% cap · market cap 4.88%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$523.3K
$457.9K – $610.5K
NOI $36,632 @ 7.0% cap · market cap 12.08%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Warehouse - Fully insulated, sheet-rocked garage/workshop on a 1.15-acre lot with 16-foot ceilings and two large automatic doors.
Where is this warehouse located?
The property is located at 177 Town Farm Road Harrison, ME.
What is the asking price?
The asking price for this property is $303,250.
What are key features of this property?
This property features: 34' x 50' fully insulated, sheet‑rocked garage/workshop built in 1997 with an addition storage/workshop area added in 2014; 1.15‑acre lot in Harrison near lakes and recreational opportunities; Interior features 16‑ft ceilings plus one 12‑ft automatic garage door and one 14‑ft automatic garage door
