204 Center Rd Fairfield, ME 04937
- Industrial properties
- 63,520 SF
- 8.22 lot acres
Current Use by Public Records
- Irving Oil / Gas Station
- Redbox / Dvd Store / Movie Rental Store
- Circle K | Truck Stop / Truck Stop / Diesel Fuel Supplier
- Irving Charging Station / Electric Vehicle Charging Station
- Circle K / Diesel Fuel Supplier / Gas Station
Property Details for 204 Center Rd
- Lot size
- 8.22 lot acres
- Property size
- 63,520 SF
- Property type
- Industrial properties
- Property subtype
- Self storage facilities
Description
This exceptional 408-unit self-storage facility, located at 204 Center Road in Fairfield, Maine (04937), presents a compelling investment opportunity. The property boasts a substantial 63,520 square feet of space distributed across sixteen buildings situated on an 8.22-acre lot (APN: Map 1, Block F, Lot 39). Ten of these buildings were newly constructed in 2021 using Miller building systems, complementing the existing structures built in 2000. The facility benefits from excellent visibility due to its proximity to the Maine Turnpike (I-95), ensuring high traffic exposure and accessibility. Currently operating at an impressive 82% occupancy rate with a positive upward trend, this property offers significant potential for future growth and revenue generation. The asking price is $5,400,000, translating to $85.01 per square foot and $13,235.29 per unit. The property is zoned for industrial use and is owned by Fairfield Storage, LLC. This is a rare opportunity to acquire a well-established, high-performing self-storage facility in a desirable location with strong growth prospects. The single-story buildings offer efficient management and maintenance. This is a turnkey operation ready for immediate income generation.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Fairfield
- County
- Somerset
- State
- Maine
- Longitude
- -69.6171
- Latitude
- 44.5956
