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    20 Morin St Biddeford, ME 04005

    Sponsored
    For Lease
    $9 SF/Yr

    52,000 SF Manufacturing/Warehouse

    Lot size:
    52,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 52,000-square-foot industrial property, located at 20 Morin Street in Biddeford, Maine, is available for sale or lease. Built in 1990 and renovated in 2014, this single-tenant building sits on a 4.379-acre lot within the convenient Biddeford Industrial Park. The property boasts a generous 18' to 25' ceiling height, providing ample vertical space for various industrial uses. Loading and unloading are efficient with four dock-high doors and five drive-in doors. The building also includes a 5-ton crane, ideal for heavy lifting operations, and a substantial lay-down area for materials storage. Parking is plentiful with 82 spaces available. The property features robust electrical service: 1200 amp, 277/480 volt, 3-phase power. The zoning is industrial, and the property offers easy access to I-95 and Route One, ensuring seamless transportation and logistics. The minimum divisible space is 10,000 square feet, with a maximum contiguous space of 52,000 square feet. Currently, the entire 52,000 square feet is vacant and ready for immediate occupancy. This property presents a unique opportunity for businesses seeking a well-equipped, strategically located industrial space in Maine. The property's size, features, and location make it an ideal choice for manufacturing, distribution, or warehousing operations.

    Property Features for 20 Morin St

    General Information

    Property type
    Distribution properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    52,000 SF
    Total Rate
    40083.33

    Building Details

    Year Built/Renovated
    1990/2014

    Unit(s) available at that property

    Space
    Available Space
    Size
    52,000 SF
    Rate per SF
    $9

    HighLights

    • Four dock‑high doors and five drive‑in doors.
    • 1200‑amp, three‑phase power service.
    • Five‑ton crane capacity.
    • Three‑minute proximity to I‑95.
    Property Profile Location Intelligence

    Current Use by Public Records

    Curran Co Produce Wholesaler

    Suggested Use

    Restaurant Realty agency Spa & Massage Building Supply Auto Repair Shop Wholesale Shop Nail Salon Dental Office Hotel & Motel Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Biddeford
    County
    York
    State
    Maine
    Longitude
    -70.492695228295
    Latitude
    43.465653761386

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    FAQs

    What type of property is this?
    Distribution property - 52,000 SF Manufacturing/Warehouse
    Where is this distribution property located?
    The property is located at 20 Morin St Biddeford, ME.
    What is the lease rate?
    The lease rate is $9 SF/Yr.
    What are key features of this property?
    This property features: Four dock-high doors and five drive-in doors.; 1200-amp, three-phase power service.; Five-ton crane capacity.
    Request Owner's contact information
    20 Morin St Biddeford, ME 04005
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    20 Morin St Biddeford, ME 04005
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