100 UNIT SELF-STORAGE FACILITY FOR SALE
$1,700,000
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 90% occupied as of January 2024. 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 $1,700,000
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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
- Zoning B1 -BUSINESS/OFFICE PARK/INDUSTRIAL
- Total buildings 6
- Rentable size 12,704 SQUARE FOOT
- Year built 1988
- Listing status ACTIVE
- Last updated 5 days ago