351 Main StMadison, ME 04950

Property Details for 351 Main St

Year built

1989

Lot size

1.66 AC

Property size (Sq ft)

3,000 SF

Property type

Other commercial real estate

Description

This exceptional investment opportunity presents a fully operational self-storage facility located at 351 Main Street, Madison, ME. The property encompasses a substantial 3,000 square feet of building space situated on a 1.66-acre lot, providing ample room for expansion. Currently boasting 26 individual storage units, 23 of which are presently occupied, this facility generates immediate income. The building itself is constructed on a durable concrete pad, ensuring longevity and minimizing maintenance. Its strategic location just outside of downtown Madison on Route 148 offers excellent visibility and accessibility. A significant gravel parking area is a key feature, presenting considerable potential for future development, such as adding more storage units or complementary businesses. The property's strong occupancy rate and prime location make it an attractive investment for those seeking a stable, high-yield commercial venture. The asking price is $225,000. This turnkey operation requires minimal effort to continue generating revenue, making it an ideal choice for investors seeking a low-maintenance, high-return investment. The substantial lot size and existing infrastructure provide a solid foundation for future growth and expansion. Serious inquiries are encouraged to explore this lucrative opportunity further.

Location Insight

City

Madison

County

Somerset

State

Maine

Latitude

44.7998

Longitude

-69.8606

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