For Sale
$1,490,000

66 Andrews RdBiddeford, ME 04005

Large industrial building, ample land, high revenue potential.

Overview

Added:
Feb 3
Days on market:
60
This exceptional 11,700 square foot industrial building presents a compelling investment opportunity. Located at 66 Andrews Road, Biddeford, ME, this property boasts a prime location just off Route 111, offering convenient access to major transportation routes. The building sits on a substantial 16-acre lot, providing extensive outdoor storage space, a significant advantage for various industrial operations. The property features multiple overhead garage doors and loading docks, facilitating efficient material handling and logistics. Well-appointed office spaces are also included, catering to administrative needs. Currently, two bays are under lease, generating a consistent income stream. This existing rental income offers the potential to offset expenses for an owner-occupant, enhancing the overall return on investment. The property's versatility allows for a wide range of potential uses, making it an attractive option for businesses seeking a spacious and functional workspace. Furthermore, an additional 35-acre parcel is available for purchase, presenting an opportunity to expand operations or develop further. Owner financing may be available for this additional parcel, providing flexible acquisition options. This property is priced at $1,490,000 and represents a rare opportunity to acquire a substantial industrial property with significant growth potential in a desirable location.

Property Details for 66 Andrews Rd

Property type
Industrial properties
Square Feet
11,700 SF
Lot Size (sq. ft)
696,960 SF

Location Insight

City
Biddeford
County
York
State
Maine
Latitude
43.485
Longitude
-70.5244
66 Andrews Rd, Biddeford, Maine

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66 Andrews Rd
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