2501 Portland Rd, Arundel ME

100-unit storage facility located on highly trafficked Route One in Arundel. The property consists of five self-storage buildings, an office building built in 2020 with reception area, kitchenette, corner office and half bath, plus a 6,300 SF gravel area that could be used for additional outdoor storage. Units range in size from 5x7 up to 10x20. One of the units is a 20x30 heated space that is currently owner-occupied and could potentially be broken up into more storage units. The property is entirely fenced in and offers 24-hour keypad access via a locked gate. Arundel Self Storage was purchased by the current owner in 2020 and has continued to be well-maintained. Historically, the business has had a high occupancy rate and is 94% occupied as of June 2023. Set on 2.68+/- acres, there may be the possibility of constructing one more building to add more units subject to town approval.

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  • Asking price $1,750,000
  • Files 2501 Portland Rd - EBLAST
  • Lease or sale SALE
  • Sale terms Cash to Seller
  • Location 2501 Portland Rd, Arundel ME
  • Building status Existing
  • Land sq/ft
  • Propety type INDUSTRIAL
  • Property sub-type(s) Cold Storage, Self Storage
  • Total buildings 6
  • Rentable size 12,704 SQUARE FOOT
  • Year built 1988
  • Listing status ACTIVE
  • Last updated 2 days ago