For Lease
$4/SF/YR

38 Carolina Rd Limestone, ME 04750

3,936 sq ft, single-tenant, multi-use potential.

Overview

Added:
Dec 11, 2024
Days on market:
134
This 3,936-square-foot commercial building, located at 38 N Carolina in Limestone, Maine (zip code 04750), presents a unique investment opportunity. Built in 1957, the property is zoned for commercial/mixed use and features loading docks and a newer roof. Previously used as a post office, the building offers versatile potential for various uses, including multi-use commercial space, light manufacturing, assembly, machine technology, or agricultural processing/energy applications. The property is situated within the Green 4 Maine Campus at Loring, formerly Loring Air Force Base, a large commercial and business park boasting a 12,000+ foot airstrip and serving as a major air cargo distribution hub. This location benefits from several economic incentives, including Pine Tree Zone certification (Tier 1), Opportunity Zone certification, Business Equipment Tax Exemption (BETE), Municipal Tax Increment Financing (TIF), and New Market Tax Credit (NMTC) eligibility. The Green 4 Maine Campus is undergoing revitalization, aiming to become a self-sustaining, energy-positive green destination, fostering innovation and creating jobs. The site offers streamlined permitting and flexible zoning, making it an attractive location for businesses seeking a supportive and welcoming community with excellent educational opportunities. The property is currently vacant and ready for immediate occupancy. The building is a single-tenant space with a Net Net Net (NNN) lease structure.

Highlights

  • 3,936 SF commercial building at 38 N Carolina, Limestone, ME 04750.
  • Former post office, suitable for multi-use commercial, light manufacturing, or agricultural processing.
  • NNN lease structure.
  • Pine Tree Zone (Tier 1), Opportunity Zone, BETE, TIF, and NMTC eligible.
  • Streamlined permitting and flexible zoning.

Property Details for 38 Carolina Rd

Property type
Refrigeration & cold storage, Warehouses
RSF (Rentable sq. ft)
3,936 SF
Year Built
1957

Unit(s) available at that property

Space
Available Space
Size
3,936 SF
Rate per SF
$4

Location Insight

City
Limestone
County
Aroostook
State
Maine
Latitude
46.9411743
Longitude
-67.902933

FAQs

What type of property is this?
Refrigeration & cold storage - 3,936 sq ft, single-tenant, multi-use potential.
Where is the refrigeration & cold storage located?
The property is located at 38 Carolina Rd Limestone, ME.
What is the lease rate?
The lease rate is $4/SF/YR.
What are key features of this property?
This property features: 3,936 SF commercial building at 38 N Carolina, Limestone, ME 04750.; Former post office, suitable for multi-use commercial, light manufacturing, or agricultural processing.; NNN lease structure.
How can I contact the broker?
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38 Carolina Rd
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