20 Morin StBiddeford, ME 04005

  • Warehouses
  • 51,221 SF
For Lease
$9.25/SF/YR View listing

Property Details for 20 Morin St

Year built
1984
Construction
STEEL FRAME
Lot size
3.40 AC
Property size (Sq ft)
51,221 SF
Zone code
I1
Property type
Warehouses
APN
BIDD M:11 L:9-1
APU
BIDDM11L91

Description

This exceptional 52,000-square-foot industrial property, located at 20 Morin Street in Biddeford, Maine, is available for sale or lease. Built in 1990 and renovated in 2014, this single-tenant building sits on a 4.379-acre lot within the convenient Biddeford Industrial Park. The property boasts a generous 18' to 25' ceiling height, providing ample vertical space for various industrial uses. Loading and unloading are efficient with four dock-high doors and five drive-in doors. The building also includes a 5-ton crane, ideal for heavy lifting operations, and a substantial lay-down area for materials storage. Parking is plentiful with 82 spaces available. The property features robust electrical service: 1200 amp, 277/480 volt, 3-phase power. The zoning is industrial, and the property offers easy access to I-95 and Route One, ensuring seamless transportation and logistics. The minimum divisible space is 10,000 square feet, with a maximum contiguous space of 52,000 square feet. Currently, the entire 52,000 square feet is vacant and ready for immediate occupancy. This property presents a unique opportunity for businesses seeking a well-equipped, strategically located industrial space in Maine. The property's size, features, and location make it an ideal choice for manufacturing, distribution, or warehousing operations.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $9,693,017
    Hospitality
    $8,878,751
    Educational
    $7,387,016
    Medical
    $7,641,068
    Retail
    $11,490,915

Location Insight

City
Biddeford
County
York
State
Maine
Latitude
43.4655
Longitude
-70.4938
CBSA code
38860
CBSA name
PORTLAND-SOUTH PORTLAND-BIDDEFORD, ME METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$46,043
$419,100
$3,090,300
$3,509,400
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