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24-Unit Self-Storage Facility

522 Lakewood Road, Madison, ME 04950

For Sale
$275,000

Town approval allows two additional buildings on the cleared site.

Property Size3,000 SF
Lot Size1.00 Acre
Price / SF$91.67
Days on Market289

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

Self-Storage Units 24
Property Use Self Storage

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: Integrityhomesrealestategroup
Added: Jan 27 Changed: Nov 11 Last Checked: Nov 11 at 2:03AM

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 Realty

Rey
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Investment Insights

Based on property information with market context.

Completed in 2024, this self-storage property has a 3,000-square-foot building measuring 120 feet by 25 feet. Its 24 units comprise twelve 15-foot by 10-foot units and twelve 10-foot by 10-foot units. The facility occupies a cleared one-acre parcel, with town approval for two additional buildings.

The property is at 522 Lakewood Road in Madison, Maine, just off Route 201. Its rural zoning and approved expansion plans are part of the site's existing configuration.

Key Highlights

  • 24 storage units in a 3,000‑square‑foot building
  • Built in 2024
  • Twelve 15' x 10' units and twelve 10' x 10' units

Property Analytics

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

Current Use

Self storage facilities

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

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
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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

Frequently Asked Questions

What type of property is this?
Self storage facility - Town approval allows two additional buildings on the cleared site.
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 storage units in a 3,000‑square‑foot building; Built in 2024; Twelve 15' x 10' units and twelve 10' x 10' units
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