Drive-Up Self Storage
For Sale
$4,800,000
530 Main St, Richmond, ME 04357
Self-storage property with office space, an auto mechanic tenancy, recent site improvements, and additional expansion capacity.
Property Size43,967 SF
Price / SF$109.17
Days on Market49
Property Features for 530 Main St
General Information
Standard status
Active
Size
43,967 SF
Property subtype
Self-Storage Facility
Occupancy
56%
Additional Details
Self-Storage Units
265
Amenities
Acord Self Storage - 21,258 total rentable square feet, 174 drive-up and interior units, 400 square feet of office space, and a 2,400 square-foot space leased to an auto mechanic shop
Acord Self Storage - Currently the self-storage is 88% physically occupied / 65% Economic occupancy
Acord Self-Storage - Room for expansion of approximately 10,000 Net Rentable Square Feet
Ames Mill Storage - climate-controlled units totaling 8,637 net rentable square feet. The second through fourth floors feature 5 retail tenants occupying 14,072 net rentable square feet
Ames Mill Storage - 55% Physical Occupancy / 40.5% Economic Occupancy & Retail is at 100% Occupancy
Ames Mill Storage -Overall, capex exceeding $1 million has been invested into the asset since 2018, most recently a new $100,00 roof upgraded in July 2026.
Turnkey Remote Operation Offering Immediate Upside Through Lease-Up and Rent Optimization
Ames Mill Storage - Stable Commercial Income from Longstanding Tenants with Minimal Historical Vacancy
Building Details
Building Size
43,967 SF
Year Built
2010
Listing Agency:
Marcus & Millichap - Philadelphia
Listed By:
Andreas Makris · License #License(s): PA: RS366906, NC: LC1037
(215) 531-7088
Source:
Marcusmillichap
Added: Jul 30
Changed: Sep 1
Last Checked: Sep 16 at 12:22PM
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 Marcus & Millichap - Philadelphia
Investment Insights
Based on property information with market context.
The self-storage facility at 530 Main Street includes 21,258 rentable square feet across 174 drive-up and interior units, plus 400 square feet of office space and a 2,400-square-foot area leased to an auto mechanic shop. The property includes two brand-new storage buildings, upgraded original buildings, an electronic monument sign, and a freshly repaved parking area.
Recent capital improvements include new gutters on all original buildings, professionally refastened original roofs, and a fully repaved parking lot. The paved site supports future expansion without requiring additional impervious surface, with potential for approximately 20 outdoor boat and RV parking spaces, 5 car spaces, or additional modular units. The property is located on Main Street in Richmond, Maine, with strong traffic flow and accessibility. The source information also reports a 6.61% cap rate.
Recent capital improvements include new gutters on all original buildings, professionally refastened original roofs, and a fully repaved parking lot. The paved site supports future expansion without requiring additional impervious surface, with potential for approximately 20 outdoor boat and RV parking spaces, 5 car spaces, or additional modular units. The property is located on Main Street in Richmond, Maine, with strong traffic flow and accessibility. The source information also reports a 6.61% cap rate.
Key Highlights
- 21,258 rentable square feet with 174 drive‑up and interior storage units
- 400 square feet of office space plus a 2,400‑square‑foot area leased to an auto mechanic shop
- Two brand‑new storage buildings and upgraded original buildings
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
17
Businesses Nearby
Explore this area
Business Placement
Demographics for 04357, ME
3,522
Population
1,697
Households
2.1
Avg Household Size
44
Median Age
29%
College-Educated
95%
High-School Grad
30.4 sq mi
ZIP Area
116
Density / Sq Mi
$66,667
Median Household Income
$46,425
Median Earnings
$1,058
Median Rent
$246,900
Median Home Value
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Market
Vacancy Rate% for Industrial in Northeast region
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Frequently Asked Questions
What type of property is this?
Self storage facility - Self-storage property with office space, an auto mechanic tenancy, recent site improvements, and additional expansion capacity.
Where is this self storage facility located?
The property is located at 530 Main St Richmond, ME.
What is the asking price?
The asking price for this property is $4,800,000.
What are key features of this property?
This property features: 21,258 rentable square feet with 174 drive‑up and interior storage units; 400 square feet of office space plus a 2,400‑square‑foot area leased to an auto mechanic shop; Two brand‑new storage buildings and upgraded original buildings
