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Property profile & analytics
OFF-MARKET
Commercial real estate

351 Main St Madison, ME 04950

3,000 SF 1.66 ac lot Built 1989
Property ID
US42-0167738
Property summary
AI-generated overview

This exceptional investment opportunity presents a fully operational self-storage facility located at 351 Main Street, Madison, ME. The property encompasses a substantial 3,000 square feet of building space situated on a 1.66-acre lot, providing ample room for expansion. Currently boasting 26 individual storage units, 23 of which are presently occupied, this facility generates immediate income. The building itself is constructed on a durable concrete pad, ensuring longevity and minimizing maintenance. Its strategic location just outside of downtown Madison on Route 148 offers excellent visibility and accessibility. A significant gravel parking area is a key feature, presenting considerable potential for future development, such as adding more storage units or complementary businesses. The property's strong occupancy rate and prime location make it an attractive investment for those seeking a stable, high-yield commercial venture. The asking price is $225,000. This turnkey operation requires minimal effort to continue generating revenue, making it an ideal choice for investors seeking a low-maintenance, high-return investment. The substantial lot size and existing infrastructure provide a solid foundation for future growth and expansion. Serious inquiries are encouraged to explore this lucrative opportunity further.

Property profile
Verified
Property type Commercial real estate
Year built 1989
Total area 3,000 SF
Lot 1.66 ac (72,310 SF)
UPID US42-0167738
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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