Multi-Building Industrial
5 Water Street, Sanford, ME 04083
For Sale
$1,300,000
Two buildings combine warehouse capacity, industrial space, built offices, and existing month-to-month occupancy.
Property Size68,504 SF
Price / SF$18.98
Days on Market1038
Property Features for 5 Water Street
General Information
Standard status
Size
Property subtype
Zoning
Warehouse & Industrial
Warehouse Space
Dock-High Doors
Tenancy & Operations
Currently Operating
Tenant in Place
Taxes and HOA fees
Annual Taxes
Building Details
Building Size
Year Built
Buildings
Stories
Listing Agency:
Investcomm Commercial Group
(207) 985-4977
Listed By:
Suzanne McKechnie
(207) 467-5877
Source:
Amerorealty
Added: Jan 8, 2024
Changed: Nov 8
Last Checked: Nov 9 at 6:07PM
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 Investcomm Commercial Group
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Investment Insights
Based on property information with market context.
This Sanford property comprises two buildings with distinct warehouse and industrial configurations. The 8,800-square-foot building is partially heated and has three overhead doors and a loading dock; it is used for office and warehouse operations. The second building contains 60,000 square feet across four floors, with approximately 15,000 square feet per level. Its first floor includes built offices and a large industrial area, while two upper floors accommodate a wool-spinning business under a month-to-month lease. The tenant may remain, shift to the warehouse building, or vacate. A cell tower lease is also in place.
Built in 1920, the four-story building has bathrooms and heat on every floor, a cargo elevator, brick walls, hardwood floors, and a sprinkler system. The property is zoned IR.
Built in 1920, the four-story building has bathrooms and heat on every floor, a cargo elevator, brick walls, hardwood floors, and a sprinkler system. The property is zoned IR.
Key Highlights
- Two‑building property with 8,800 square feet and 60,000 square feet, respectively
- 8,800‑square‑foot building includes three overhead doors and a loading dock
- 60,000‑square‑foot building spans four floors, approximately 15,000 square feet per floor
Property Analytics
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Current Use
Lease Details
1
Dock-high doors
Location Intelligence
Trade Area within ½ mile
271
Businesses Nearby
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Business Placement
Demographics for 04083, ME
4,699
Population
2,202
Households
2.1
Avg Household Size
42
Median Age
34%
College-Educated
94%
High-School Grad
10.0 sq mi
ZIP Area
470
Density / Sq Mi
$81,299
Median Household Income
$52,832
Median Earnings
$1,210
Median Rent
$249,300
Median Home Value
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Market
Average Price Trend$/SF for Mixed-use properties in York County, ME
Properties on Market for Mixed-use properties in York County
Vacancy Rate% for Industrial in Northeast region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Two buildings combine warehouse capacity, industrial space, built offices, and existing month-to-month occupancy.
Where is this mixed-use property located?
The property is located at 5 Water Street Sanford, ME.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: Two‑building property with 8,800 square feet and 60,000 square feet, respectively; 8,800‑square‑foot building includes three overhead doors and a loading dock; 60,000‑square‑foot building spans four floors, approximately 15,000 square feet per floor
