Industrial / Flex Units Available For Sale - New Construction

Industrial for Sale
Also listed as Special Purpose
Catylist Listing ID: 30275685
Property Subtypes: Flex Space, Industrial-Business Park, Manufacturing, Mixed Use, Light Industrial, Research & Development, Warehouse/Distribution
Building Status: Under Construction
Building Size (RSF): 3,000 SF
Gross Building Area: 26,106 SF
Gross Land Area: 3.72 Acres
Sale Price: $305,000 - 320,000
Unit Price: $101.67 - 106.67 PSF
Ceiling: 16 ft. / 14 ft. Clear
Drive In Bays: 1 Bay
Property Use Type: Investment, Vacant/Owner-User
Usable Size (USF): 3,000 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/24/2018

Overview / Comments

Newly constructed flex units available for sale at the 10 Mill Brook Business Center Condominium Association. Each unit will include basic finishes such as a bathroom, 14' drive in doors, 16' ceiling heights (which may provide for room for a mezzanine space), etc. Specialty build-out is potentially available if negotiated prior to the units being built.

There are 16 units in total at this location with various contiguous square footage options. Targeted occupancy is 4th Quarter 2018.

Approximate condo fee is $100 per month per unit. Condo By-laws and Declaration available upon request.

This listing is specifically for Unit 4 but there are other units available for sale and they may be combined for larger suites. See broker for more details.

Unit 4, like any of the other units, has potential to construct a mezzanine area which would increase the square footage from 2,090 SF to roughly 3,000 SF which could provide for more production/work space on the first floor with office space on the mezzanine level. One Unit has opted to do this and we can show it to interested buyers for their reference.

Additional Details

Nearest MSA: Portland-South Portland
County: York
Tax ID/APN: Map 45 Lot 3
Zoning: LIGHT INDUSTRIAL
Total Number of Buildings: 3
Number of Stories: 1
Property Condition: Excellent
Year Built: 2018
Construction/Siding: Metal Siding, Wood Frame
Parking Description: 39 parking spaces in total for the association
Total Parking Spaces: 39
Sprinklers: None
Amps: 200
X-Phase: 3-phase
Heat Type: Natural Gas, Propane
Heat Source: Central
Interior Description: Interior designs may be built to spec for additional cost over the basic package asking price. See broker for more details
Zoning Description: Light Industrial - See broker for zoning ordinance
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 4,112 27,708 49,324
Median Age: 47.07 42.02 42.23
Households: 1,945 12,615 21,365
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.