65 Newport Rd Corinna, ME 04928
This exceptional commercial property, located at 65 Rt 7, Newport Road in Corinna, Maine, presents a fantastic investment opportunity. Boasting 1,360 square feet on a 0.17-acre lot, this property offers immediate income generation and significant expansion potential. Currently configured with established self-storage units, the existing infrastructure provides a solid foundation for continued success. The high-traffic location on Route 7 ensures excellent visibility and accessibility for customers. A key feature is the second-story space, offering considerable untapped potential for a variety of uses, allowing for business growth and diversification. The asking price is $165,000. This property is ideally suited for an entrepreneur seeking a ready-made business with room to grow or an investor looking for a strong return on investment in a desirable location. The existing self-storage units provide immediate cash flow, while the additional space allows for expansion and customization to meet evolving market demands. Don't miss this chance to acquire a well-positioned commercial property with proven income and significant upside. The property's prime location and versatile layout make it an attractive proposition for a wide range of commercial ventures. Serious inquiries are encouraged.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
1 recent transactions · within 1.5 miProperty description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.