36-38 Summer Street Oakland, ME 04963
COMMERCIAL - Oakland, ME
- Added:
- Jun 24, 2026
- Days on Market:
- 19
- Last Refresh:
- Jul 12 at 5:06 pm
Property Features for 36-38 Summer Street
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Property condition
- Under Construction
- Zoning
- 12
- Interior features
- Storage
- Standard status
- Active
- Size
- 11,700 SF
- Lot size
- 2.10 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Annual Amount
- 7334
Utilities
- Sewer type
- Private Sewer
- Heating system
- Forced Air
- Water source
- Public
Building Details
- Year built
- 1979
- Building materials
- Steel Frame, Metal Clad, Vinyl Siding
- Roof type
- Metal, Shingle
- Additional Structures
- Storage
Listing agent Charlene Hamiwka (207) 671-0085
Listing office Harcourts Waterfront & Fine Properties 54 Ridgewood Drive, Augusta, ME (877) 276-5859
Listing date Jun 24, 2026
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.
The property is located at 36-38 Summer Street in Oakland, Maine (04963), within Kennebec County. Public remarks note proximity to Waterville and Thomas and Colby colleges, as well as Messalonskee Lake.
Zoning is listed as 12. The listing notes that prospective buyers must sign an NDA and provide proof of funds to receive financial information.
Key Highlights
- Self‑storage commercial property under construction with 65 units
- Metal construction with metal and shingle roofing; vinyl siding exterior
- Forced‑air heating; includes interior storage
Local Financial Insights For Self Storage
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 | $140.4k | $12.00 |
| − Vacancy | −$7.0k | −$0.60 |
| EGI | $133.4k | $11.40 |
| − OpEx | −$40.0k | −$3.42 |
| NOI | $93.4k | $7.98 |
