Building Details

Building Size 5,500 SF

Year Built 2015

Buildings 1

Listing Agency: Keller Williams Realty k***@kw.com Show Phone

Listed By: Steven Chicoine Show Phone

Source: Amerorealty

Added: Jul 24, 2024 Changed: Oct 31 Last Checked: Oct 31 at 2:36PM

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Investment Insights

Based on property information with market context.

Set on 3.75 acres, this 5,500-square-foot warehouse was built in 2015 and includes approximately one-half acre of pavement. The building has one 14-by-16-foot overhead door and three 10-by-10-foot overhead doors, each with an automatic opener. An office and lounge area includes a half bath. Heating equipment comprises two Modine heaters and one Rinnai heater, supplied alongside a 1,000-gallon propane tank. Well and septic serve the property.

The site has a private setting and is zoned Rural. Its existing paved area and multiple overhead doors provide practical features for warehouse and storage operations.

Key Highlights

• 5,500‑square‑foot building on 3.75 acres
• Approximately one‑half acre of pavement
• One 14X16 overhead door and three 10X10 overhead doors, each with an automatic opener

Property Analytics

Current Use

Warehouses

Location Intelligence

Trade Area within ½ mile

2

Businesses Nearby

Well-served

Demand for This Use

Explore this area Business Placement

Demographics for 04348, ME

3,152

Population

1,891

Households

1.7

Avg Household Size

48

Median Age

29%

College-Educated

95%

High-School Grad

75.3 sq mi

ZIP Area

42

Density / Sq Mi

$72,734

Median Household Income

$36,800

Median Earnings

$1,061

Median Rent

$230,400

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

Frequently Asked Questions

What type of property is this?

Warehouse - A private 2015-built facility offers paved area, office-lounge space, and well and septic service.

Where is this warehouse located?

The property is located at 3129 Turner Ridge Road Somerville, ME.

What is the asking price?

The asking price for this property is $425,000.

What are key features of this property?

This property features: 5,500‑square‑foot building on 3.75 acres; Approximately one‑half acre of pavement; One 14X16 overhead door and three 10X10 overhead doors, each with an automatic opener