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Warehouse with Office and Five Doors

237 Neck Road Benton, ME 04901

237 Neck Road, Benton, ME, 04901
$395,600
For Sale
$395,600

COMMERCIAL - Benton, ME

Property Size5,680 SF
Lot Size0.95 Acres
Price / SF$69.65
Days on Market35

Property Features for 237 Neck Road

General Information

Property type
Commercial Sale
Property subtype
Other
Zoning
Commercial
Standard status
Active
Size
5,680 SF
Lot size
0.95 Acres

Taxes and HOA fees

Tax Year
2025
Tax Annual Amount
3690

Utilities

Sewer type
Private Sewer
Heating system
Oil, Baseboard
Cooling system
Heat Pump
Water source
Public

Building Details

Year built
2000
Flooring type
Vinyl
Building materials
Aluminum Siding, Vinyl Siding
Roof type
Metal
Listing Agency Coldwell Banker Plourde Real Estate
143 Silver Street, Waterville, ME
Listed by Nathan Natole
Added: Jun 15 Checked: Jul 19 at 1:06 pm
MLS# 1658181

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.

The property at 237 Neck Road in Benton consists of a dedicated office building with a full bathroom and an expansive warehouse area designed to support operations that need both workspace and storage. The warehouse is approximately 4,000 square feet and is equipped with five oversized garage doors, providing straightforward drive-in access for loading, receiving, and equipment movement. Overall, the configuration supports businesses that want an on-site administrative area alongside a larger, flexible industrial space.

Set on approximately 0.95 acres in Kennebec County, the offering is listed as commercial and provides a self-contained footprint for a variety of industrial and flex-style uses. The combination of office and multiple garage doors can be particularly useful for teams that need client-facing or administrative space within the same property that handles day-to-day warehouse activity.

For tenants, the layout supports administrative operations paired with storage, light manufacturing, or distribution activities that benefit from multiple overhead/drive-in access points. For buyers, it provides a single-site arrangement with an office component and a warehouse sized for practical workflow. If your use requires both an office with a full bathroom and significant warehouse access through five oversized doors, this property is worth a closer review.

Key Highlights

  • Dedicated office building with full bathroom
  • 4,000 sq ft warehouse with five oversized garage doors
  • Heating includes baseboard and oil; cooling via heat pump

Local 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 $56.6k $9.96
− Vacancy −$1.4k −$0.25
EGI $55.2k $9.71
− OpEx −$19.3k −$3.40
NOI $35.9k $6.31
5,680 SF · lease $9.96/SF/yr · vacancy 2.49% · expense 35.00%

Alternative Uses

Best Use
Warehouse
$8.47M
$7.41M – $9.89M (±1% cap)
NOI $593,181 @ 7.0% cap · market cap 149.94%
Second Best
Industrial
$6.98M
$6.11M – $8.14M (±1% cap)
NOI $488,502 @ 7.0% cap · market cap 123.48%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Flex space

Suggested Use

HVAC Service (Bike/Boat/Book/etc) Store Auto Parts Store Kitchen & Bath Showroom Real Estate Agency Home Appliance Store Hair Salon Pet Grooming Service Nail Salon Grocery & Convenience Store

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

FAQs

What type of property is this?
Flex space - Flex warehouse with office and full bath, served by five oversized garage doors for efficient loading.
Where is this flex space located?
The property is located at 237 Neck Road Benton, ME.
What is the asking price?
The asking price for this property is $395,600.
What are key features of this property?
This property features: Dedicated office building with full bathroom; 4,000 sq ft warehouse with five oversized garage doors; Heating includes baseboard and oil; cooling via heat pump
Contact an agent
More about this property
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