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Two-Story Industrial Building
For Sale
$109,900

31 Depot Street, Thorndike, ME 04986

Large two-floor industrial structure on a quarter-acre lot, sold As Is for renovation-driven projects.

Property Size4,786 SF
Lot Size0.25 Acres
Price / SF$22.96
Days on Market113

Property Features for 31 Depot Street

General Information

Standard status Active
Size 4,786 SF
Lot size 0.25 Acres
Property subtype Commercial
Lease Term []

Building Details

Year Built 1950
Stories 2
Listed By: Jenny Greeley
Source: Cbplourde
Added: May 16 Changed: Sep 4 Last Checked: Sep 4 at 9:59AM

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 Jenny Greeley

Investment Insights

Based on property information with market context.

31 Depot Street in Thorndike is a former creamery property offering 4,786 +/- total square feet across two floors. The building sits on a 0.25-acre lot and is being sold strictly “As Is,” with any personal property remaining on site at closing conveying with the sale. The site provides a substantial indoor footprint for buyers looking to renovate and reposition an older industrial asset.

Access is provided from Thorndike Town Office by taking Route 220 toward Unity for approximately four miles, turning right on Depot Street, and the property is on the left. The property is set in the center of Thorndike’s historic railroad village, reflecting its local agricultural-era railroad trade roots.

For buyers or operators seeking an adaptable industrial shell with significant square footage, this offering supports a wide range of renovation plans. The combination of a two-story layout and a meaningful total area can help accommodate multiple workspaces or uses within a single structure, subject to inspection and required upgrades.

Key Highlights

  • Large two‑floor industrial structure built in 1950 on a 0.25‑acre lot
  • 4,786 +/- total square feet of space across two floors
  • Formerly known as the town’s creamery; ties to Thorndike’s historic railroad village

Property Analytics

Current Use

Manufacturing properties

Suggested Use

Top Pick Building Supply Auto Repair Shop Auto Parts Store Furniture & Home Goods Grocery & Convenience Store (Bike/Boat/Book/etc) Store

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

20
Businesses Nearby

Demographics for 04986, ME

1,585
Population
802
Households
2
Avg Household Size
44
Median Age
25%
College-Educated
87%
High-School Grad
54.3 sq mi
ZIP Area
29
Density / Sq Mi
$69,375
Median Household Income
$32,072
Median Earnings
$1,087
Median Rent
$172,500
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
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Frequently Asked Questions

What type of property is this?
Manufacturing property - Large two-floor industrial structure on a quarter-acre lot, sold As Is for renovation-driven projects.
Where is this manufacturing property located?
The property is located at 31 Depot Street Thorndike, ME.
What is the asking price?
The asking price for this property is $109,900.
What are key features of this property?
This property features: Large two‑floor industrial structure built in 1950 on a 0.25‑acre lot; 4,786 +/- total square feet of space across two floors; Formerly known as the town’s creamery; ties to Thorndike’s historic railroad village
More about this property
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