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24-Unit Self Storage Facility
For Sale
$275,000

522 Lakewood Road, Madison, ME 04950

New construction with approved expansion capacity on a cleared rural parcel.

Property Size3,000 SF
Lot Size1.00 Acre
Price / SF$91.67
Days on Market216

Property Features for 522 Lakewood Road

General Information

Standard status Active
Size 3,000 SF
Lot size 1.00 Acre
Property subtype Commercial
Zoning Rural

Additional Details

Highway Access Yes
Self-Storage Units 24

Taxes and HOA fees

Annual Taxes $1,631

Building Details

Building Size 3,000 SF
Year Built 2024
Buildings 1
Listing Agency: Coldwell Banker Realty
Listed By: Kara Bickford
Source: Startpoint
Added: Jan 27 Changed: Aug 30 Last Checked: Aug 30 at 5:03PM

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 Realty

Investment Insights

Based on property information with market context.

Built in 2024, this self-storage property includes a 120' x 25' building arranged as 24 units. The unit mix comprises twelve 15' x 10' spaces and twelve 10' x 10' spaces, providing two distinct storage configurations within a modern facility.

The improvements occupy a fully cleared 1-acre parcel in a rural-zoned setting at 522 Lakewood Road in Madison, Maine. The property is located just off Route 201 and carries approval for two additional buildings, supporting future expansion of the facility.

Key Highlights

  • 24 total storage units in a 120' x 25' building
  • Unit mix includes twelve 15' x 10' units and twelve 10' x 10' units
  • Constructed in 2024

Property Analytics

Current Use

Self storage facilities

Suggested Use

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

Lease Details

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

31
Businesses Nearby

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

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?
Self storage facility - New construction with approved expansion capacity on a cleared rural parcel.
Where is this self storage facility located?
The property is located at 522 Lakewood Road Madison, ME.
What is the asking price?
The asking price for this property is $275,000.
What are key features of this property?
This property features: 24 total storage units in a 120' x 25' building; Unit mix includes twelve 15' x 10' units and twelve 10' x 10' units; Constructed in 2024
More about this property
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