Retail and Self-Storage
For Sale
$995,000
353 Skowhegan Road, Fairfield, ME 04927
Profitable retail/storage facility with self-storage and Penske truck rentals on 6.92+/- acres.
Property Size7,392 SF
Lot Size6.92 Acres
Price / SF$134.60
Days on Market306
Property Features for 353 Skowhegan Road
General Information
Standard status
Active
Size
7,392 SF
Lot size
6.92 Acres
Property subtype
Commercial
Lease Term
[]
Additional Details
Business Included
Yes
Building Details
Year Built
2003
Listing Agency:
Coldwell Banker Plourde Real Estate
Listed By:
Dana Michaud
(207) 314-2268
Source:
Cbplourde
Added: Dec 21, 2025
Changed: Oct 21
Last Checked: Oct 23 at 11:03AM
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 Coldwell Banker Plourde Real Estate
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This for-sale retail and storage property is being offered as the current owners prepare to retire. The operation includes a retail component featuring items such as Amish furniture and hardware, along with a recently constructed 30x100 self-storage facility. In addition, Penske truck rentals are part of the existing setup. The buildings are exceptionally maintained, with a furnace replacement completed in 2017 and an AC replacement completed in 2023.
The property totals 6.92+/- acres and includes 4,392 square feet of building area, providing room to consider additional storage unit expansion, extra parking, or retail expansion. The asset is presented as turn-key for a new owner; schedule a showing to review the current operations and layout at 353 Skowhegan Rd, Fairfield, ME 04937.
The property totals 6.92+/- acres and includes 4,392 square feet of building area, providing room to consider additional storage unit expansion, extra parking, or retail expansion. The asset is presented as turn-key for a new owner; schedule a showing to review the current operations and layout at 353 Skowhegan Rd, Fairfield, ME 04937.
Key Highlights
- Profitable retail/storage facility with retail sales, a 30x100 self‑storage facility, and Penske truck rentals
- 6.92+/- acres with potential for additional storage units, extra parking, or retail expansion
- Furnace replaced in 2017
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$71,382
Cap Rate
7.17%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,427,640
$1.4M
Cap Rate 7%
$1,019,743
$1.0M
Cap Rate 9%
$793,133
$793.1K
Market Conditions
NOI Build-Up for 7,392 SF
Gross rent
$106.4K $14.40/SF
− Vacancy
−$4.5K −$0.60/SF
EGI
$102.0K $13.80/SF
− OpEx
−$30.6K −$4.14/SF
NOI
$71.4K $9.66/SF
Area
Kennebec County, ME
Vacancy
4.20%
Lease Rate
$14.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,427,640
Cap Rate 7%
$1,019,743
Cap Rate 9%
$793,133
Alternative Uses
Best Use
Warehouse
$11.03M
$9.65M – $12.87M
NOI $771,970 @ 7.0% cap · market cap 77.58%
Second Best
Retail
$1.02M
$892.3K – $1.19M
NOI $71,382 @ 7.0% cap · market cap 7.17%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
17
Businesses Nearby
Explore this area
Business Placement
Demographics for 04927, ME
3,370
Population
1,528
Households
2.2
Avg Household Size
44
Median Age
19%
College-Educated
95%
High-School Grad
43.9 sq mi
ZIP Area
77
Density / Sq Mi
$74,544
Median Household Income
$38,289
Median Earnings
$1,122
Median Rent
$172,100
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in Northeast region
Frequently Asked Questions
What type of property is this?
Self storage facility - Profitable retail/storage facility with self-storage and Penske truck rentals on 6.92+/- acres.
Where is this self storage facility located?
The property is located at 353 Skowhegan Road Fairfield, ME.
What is the asking price?
The asking price for this property is $995,000.
What are key features of this property?
This property features: Profitable retail/storage facility with retail sales, a 30x100 self‑storage facility, and Penske truck rentals; 6.92+/- acres with potential for additional storage units, extra parking, or retail expansion; Furnace replaced in 2017
