18 Hope Dr Hallowell, ME 04347
- Warehouses
- 5,000 SF
- 1.00 lot acres
Current Use by Public Records
- Warehouses
Property Details for 18 Hope Dr
- Lot size
- 1.00 lot acres
- Property size
- 5,000 SF
- Property type
- Warehouses
- Property subtype
- Industrial properties
Description
This exceptional 5,000 square foot freestanding industrial building presents a compelling owner-user opportunity in Hallowell, Maine. Located at 18 Hope Dr, this Class B property boasts a desirable location with highway visibility, offering excellent exposure for any business. The single-story building features 16-foot ceilings, two loading docks, and two dock-high doors, providing ample space and efficient loading capabilities. Currently leased to Pinnacle Window Solutions through April 30, 2026, with a base rent of $30,000 annually on a modified gross lease, this property offers immediate income potential. The property sits on approximately one acre of land in Kennebec County, zoned Rural Farm (APN 18B/56). The asking price is $375,000, translating to $75 per square foot. This represents a unique chance to acquire a well-maintained industrial space with significant potential for growth and profitability. The property's proximity to central Maine markets further enhances its appeal. Further details regarding lot size and laydown area are available upon request. This is a single-unit building, ideal for a variety of industrial uses.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Hallowell
- County
- Kennebec
- State
- Maine
- Longitude
- -69.8086
- Latitude
- 44.2749
