204 Center RdFairfield, ME 04937

Property Details for 204 Center Rd

Lot size

8.22 AC

Property size (Sq ft)

63,520 SF

Property type

Industrial properties

Property subtype

Other industrial properties

Description

This exceptional 408-unit self-storage facility, located at 204 Center Road in Fairfield, Maine (04937), presents a compelling investment opportunity. The property boasts a substantial 63,520 square feet of space distributed across sixteen buildings situated on an 8.22-acre lot (APN: Map 1, Block F, Lot 39). Ten of these buildings were newly constructed in 2021 using Miller building systems, complementing the existing structures built in 2000. The facility benefits from excellent visibility due to its proximity to the Maine Turnpike (I-95), ensuring high traffic exposure and accessibility. Currently operating at an impressive 82% occupancy rate with a positive upward trend, this property offers significant potential for future growth and revenue generation. The asking price is $5,400,000, translating to $85.01 per square foot and $13,235.29 per unit. The property is zoned for industrial use and is owned by Fairfield Storage, LLC. This is a rare opportunity to acquire a well-established, high-performing self-storage facility in a desirable location with strong growth prospects. The single-story buildings offer efficient management and maintenance. This is a turnkey operation ready for immediate income generation.

Location Insight

City

Fairfield

County

Somerset

State

Maine

Latitude

44.5956

Longitude

-69.6171

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