18 Town Landing RD new

Saint Albans,ME 04791

$ 280000

- Bed

- Bath

4330 SqFt


Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 4,330 sqft

Price per Sqft $64

MLS Listing ID 5051809

Lot Size 1.540 Acres

Acres 1.54

Property Description

Self Storage investment opportunity in St Albans, ME. This property features 33 units, 4,330 SF in two buildings on 1.54 Acres. There is significant upside potential to increase NOI through rate increases which will improve both economic and physical occupancy. Indian River Self Storage boasts a reliable foundation for success with a 58% occupancy rate, there is ample room increase NOI as well as potential to increase revenue through tenant protection program, possible conversion of office space, adding boat/parking or possibly additional building.

Location

State ME

County Me-somerset

Area Me-Somerset

Zoning C

Interior

Inclusions Other

Exterior

Utilities Available Other

Building

Sewer Public

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