Heated Flex Warehouse
2660 Western Avenue Newburgh, ME 04444
New
For Sale
$459,000
COMMERCIAL - Newburgh, ME
Property Size4,900 SF
Lot Size1.50 Acres
Price / SF$93.67
Days on Market2
Property Features for 2660 Western Avenue
General Information
Property type
Commercial Sale
Property subtype
Other
Standard status
Active
Lot size
1.50 Acres
Building Details
Year built
1981
Listing Agency:
NextHome Experience
(207) 573-7400
Listed By:
Chrissy Patin · License #BA924721,PersonLicenseNumber
(207) 356-3913
Added: Jul 28
Last Checked: Jul 29 at 4:06AM
MLS# 1673767
Copyright © 2026 NextHome, Inc. 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.
Heated flex warehouse building formerly used as a fire station, offering an open layout designed to support a variety of uses, subject to municipal approval. The structure includes four oversized garage doors configured into two bays, along with expansive interior open space. Utilities on site include a private well and septic.
The property is situated on 1.5 acres at 2660 Western Avenue in Newburgh, Maine, with ample parking for day-to-day operations.
Ideal for users seeking a warehouse-style building with straightforward access through oversized doors, this facility combines flexible interior volume with essential site utilities and a functional, service-oriented bay configuration.
The property is situated on 1.5 acres at 2660 Western Avenue in Newburgh, Maine, with ample parking for day-to-day operations.
Ideal for users seeking a warehouse-style building with straightforward access through oversized doors, this facility combines flexible interior volume with essential site utilities and a functional, service-oriented bay configuration.
Key Highlights
- Approximately 4,900 SF heated building on 1.5 acres (former Newburgh Fire Station)
- Four oversized garage doors with two bays
- Open layout with expansive open space, ready for a variety of uses (subject to municipal approval)
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 | $41.2k | $8.40 |
| − Vacancy | −$2.9k | −$0.59 |
| EGI | $38.3k | $7.81 |
| − OpEx | −$5.7k | −$1.17 |
| NOI | $32.5k | $6.64 |
4,900 SF · lease $8.40/SF/yr · vacancy 7.00% · expense 15.00%
Alternative Uses
Best Use
Flex RnD
$603.7K
$528.2K – $704.3K
NOI $42,258 @ 7.0% cap · market cap 9.21%
Second Best
Warehouse
$464.8K
$406.7K – $542.3K
NOI $32,537 @ 7.0% cap · market cap 7.09%
Theoretical Best
Office A
$1.58M
$1.38M – $1.85M
NOI $110,779 @ 7.0% cap · market cap 24.13%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Flex space - Heated flex warehouse on 1.5 acres with two-bay layout and four oversized garage doors.
Where is this flex space located?
The property is located at 2660 Western Avenue Newburgh, ME.
What is the asking price?
The asking price for this property is $459,000.
What are key features of this property?
This property features: Approximately 4,900 SF heated building on 1.5 acres (former Newburgh Fire Station); Four oversized garage doors with two bays; Open layout with expansive open space, ready for a variety of uses (subject to municipal approval)
