Building Details

Building Size 3,870 SF

Year Built 2024

Stories 1

Construction pole barn

Listing Agency: Maine Source Realty s***@mainesource.com

Listed By: Jon Mercier Show Phone

Source: Amerorealty

Added: Feb 24 Changed: Nov 2 Last Checked: Nov 6 at 2:30AM

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Investment Insights

Based on property information with market context.

Completed in 2024, this warehouse provides 3,870 square feet of clear-span space within a pole-barn structure. The property includes 3.28 acres of open, level commercial land and is zoned COM.

The offering is for the real estate only; the operating business is not included. The building and land are presented as a single commercial property.

Key Highlights

• 3,870 square feet of clear‑span warehouse space
• 3.28 acres of open, level commercial land
• Pole‑barn construction completed in 2024

Property Analytics

Who owns this building? See the owner, sales and loan history

Open Analytics

Current Use

Warehouses

Suggested Use

Top Pick Auto Repair Shop Auto Parts Store Bakery Furniture & Home Goods (Bike/Boat/Book/etc) Store Big Box & Wholesale 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

31

Businesses Nearby

Well-served

Demand for This Use

Explore this area Business Placement

Demographics for 04950, ME

4,726

Population

2,755

Households

1.7

Avg Household Size

46

Median Age

15%

College-Educated

95%

High-School Grad

51.9 sq mi

ZIP Area

91

Density / Sq Mi

$48,750

Median Household Income

$43,668

Median Earnings

$892

Median Rent

$154,300

Median Home Value

Market

Average Price Trend$/SF for Warehouses in Somerset County, ME

$78.42 Jul

$80.61 Aug

$79.06 Sep

$77.16 Oct

Properties on Market for Warehouses in Somerset County

Jul

Aug

Sep

Oct

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?

Warehouse - A newly constructed facility on open, level commercial land offers flexible space for a range of warehouse applications.

Where is this warehouse located?

The property is located at 402 Lakewood Road Madison, ME.

What is the asking price?

The asking price for this property is $229,900.

What are key features of this property?

This property features: 3,870 square feet of clear‑span warehouse space; 3.28 acres of open, level commercial land; Pole‑barn construction completed in 2024