For Sale
$1,695,000

688 Manchester RdBelgrade, ME 04917

100-unit facility, high demand area.

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional self-storage investment opportunity encompasses a five-building complex situated on a 6.78-acre lot in Belgrade, Maine (APN: Map 4, Block A, Lot 23). The property, currently operating as a 100-unit self-storage facility, boasts a total of approximately 16,000 square feet of existing space. Buildings were constructed in phases between 2006 and 2019, all single-story structures with 10-foot ceilings. Unit sizes vary, ranging from compact 10'x5' units to larger 10'x30' units, catering to a diverse range of storage needs. The property is zoned Rural and offers significant expansion potential, with approved plans for an additional 23,100 square feet of space. This well-established business is located in the desirable Belgrade Lakes region of Central Maine, benefiting from a strong local market and high demand for self-storage solutions. The asking price for this turnkey operation is $1,695,000. All Purpose Storage Belgrade LLC currently owns the property.

Highlights

  • Five-building, 100-unit self-storage facility on a 6.78-acre lot in Belgrade, Maine.
  • Approximately 16,000 square feet of existing space with approved plans for a 23,100 square foot expansion.
  • Unit sizes range from 10'x5' to 10'x30'.
  • Excellent location in the desirable Belgrade Lakes region of Central Maine.

Property Details for 688 Manchester Rd

Property type
Industrial properties, Self storage facilities
Square Feet
16,000 SF
Buildings
5
Stories
1
Lot Size (sq. ft)
295,337 SF
Units
100

Location Insight

City
Belgrade
County
Kennebec
State
Maine
Latitude
44.429372620803
Longitude
-69.855104550472
688 Manchester Rd, Belgrade, Maine

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688 Manchester Rd
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