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Industrial Building with Storage
For Sale
$109,900

31 Depot Street, Thorndike, ME 04986

Commercial Sale, Thorndike, ME

Property Size4,786 SF
Lot Size0.25 Acres
Price / SF$22.96
Days on Market85

Property Features for 31 Depot Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning Residential
Interior features Storage
Lot features Rural
Standard status Active
Size 4,786 SF
Lot size 0.25 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 1600

Utilities

Heating system None (Heating)
Water source Well, Private

Building Details

Year built 1950
Flooring type Concrete, Wood
Building materials Wood Frame, Vinyl Siding, Wood Siding
Roof type Metal
Additional Structures Storage
Listing Agency: Coldwell Banker Plourde Real Estate · Coldwell Banker Real Estate
Listed By: Jennifer Greeley · License #BA928387
Added: Jun 20 Changed: Sep 5 Last Checked: Sep 12 at 12:06PM
MLS# 1664501

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.

This two-story industrial property contains approximately 4,786 square feet on a 0.25-acre lot. The wood-frame structure dates to 1950 and includes storage, concrete and wood flooring, wood and vinyl siding, and a metal roof. Heating is not installed, and the property is being sold strictly as-is, with any personal property remaining at closing conveying with the sale.

The property is located at 31 Depot Street in Thorndike, Maine, within the community's historic railroad village. It was formerly used as a creamery and is zoned Residential. Water service is provided by a private well. Renovation work is needed, offering a substantial existing structure for a future industrial or other permitted use.

Key Highlights

  • 4,786 square feet across two floors
  • 0.25‑acre lot at 31 Depot Street
  • Former creamery building dating to 1950

Property Analytics

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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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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
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Frequently Asked Questions

What type of property is this?
Industrial property - Two-story industrial property offered as-is with storage, wood-frame construction, and private well service.
Where is this industrial 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: 4,786 square feet across two floors; 0.25‑acre lot at 31 Depot Street; Former creamery building dating to 1950
More about this property
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