Oxford County Industrial Properties For Sale

Industrial for Sale
Catylist Listing ID: 30189010
Property Subtypes: Flex Space, Free-Standing, Industrial-Business Park, Manufacturing, Mixed Use, Light Industrial, Research & Development, Warehouse/Distribution
Building Size (RSF): 10,300 SF
Gross Building Area: See Agent
Sale Price: $525,000
Unit Price: $50.97 PSF
Ceiling: 17 ft. / 14 ft. Clear
Office SF: 2,100 SF
Drive In Bays: 3 Bays
Property Use Type: Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 7/17/2018

Overview / Comments

The property totals 10,300 +/- SF. About 2,100 SF is office space.

Ceiling heights max out at 17' at the eave.

There are 3 overhead doors in total. Two are 14' height by 14' width. The other is 12' height by 14' width.

Water and Sewer is public.

Inquire with broker for more information.

There is some roof work that is needed. Seller has a quote from 2016 suggesting the work needed is around $50,000. The furnance will need some attention as well.

At the asking price and using basic finance assumptions, an owner/occupant can occupy the space at an equivalent rental rate of around $3.10 per SF NNN

Attachments & Media

Financials

Finance Data Year 2018
Real Estate Taxes - Annual($) $3,272 (Annual)

Additional Details

Nearest MSA: Lewiston-Auburn
County: Oxford
Tax ID/APN: 999999
Zoning: SEE TOWN CODE ENFORCEMENT OFFICER
Total Number of Buildings: 1
Number of Stories: 1
Property Condition: Average
Year Built: 1973
Construction/Siding: Aluminum Siding, Concrete, Metal Siding, Steel Frame
Parking Type: Surface
Column Spacing: Clear Span
Amps: 400
Heat Type: Oil
Zoning Description: Other than shoreland zoning, Norway does not have a zoning ordinance. Please inquire with the Code Enforcement Officer regarding any desired uses here. There is currently a moratorium on cultivation of medical marijuana through May 2018.

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,918 5,422 13,783
Median Age: 42.96 42.75 43.73
Households: 1,326 2,323 5,793
The information presented herein is provided as is, without warranty of any kind. Neither New England Commercial Property Exchange nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.