Property Description

51,600 SF Self Storage Facility | Maine Avenue, Farmingdale, METhis newly constructed, state-of-the-art self storage facility offers 51,600 square feet of rentable space along Maine Avenue, a highly visible and heavily traveled corridor connecting Gardiner and Augusta. The property is being sold vacant, providing a rare value-add opportunity to acquire a brand-new facility at a low cost basis with strong potential for income growth through lease-up and operational optimization.Property HighlightsTotal Size: 51,600 SF of self storageStatus: Brand new construction, delivered vacantLocation: High-visibility frontage on Maine Avenue (U.S. Route 201) in Farmingdale, MEAccess: Easy ingress and egress with strong daily traffic countsConstruction Quality: Durable, low-maintenance materials designed for long-term performanceInvestment SummaryThis facility represents an exceptional value-add acquisition for investors seeking to enter the self storage market or expand their Maine portfolio. With the property being sold well below replacement cost, new ownership can establish operations, implement dynamic pricing, and drive occupancy to stabilize a strong income-producing asset.The surrounding Augusta-Gardiner-Hallowell area continues to see residential growth, small business activity, and rising demand for storage?all of which position this facility for solid long-term performance.

Property Features