60 Mill St - Self-Storage Facilities FOR SALE


Corinna, ME 04928
$699,000 USD
614-206-3881
60 Mill St, Corinna, ME for Sale
$699,000 USD
Self-Storage Facilities - FOR SALE
1/48
null | Request Cap Rate

60 Mill St
Corinna, ME 04928


HIGHLIGHTS

  • 3 Mile Radius- 7.90 SF Per Capita - No major competitors
  • Office Space and Warehouse included for conversion
  • Remotely operated
  • Ancillary income opportunities- Event Center, Hydro-electric crypto mining, grow facility, Boat and RV
  • Centrally located to retail shops- Dollar General, grocery stores and schools

OVERVIEW

Mid Maine Storage Solutions presents a compelling investment opportunity in the heart of Corinna, Maine with 21,541 SF spread across four purpose-built structures, complemented by additional SF within a historic mill building offering a mix of flex space, interior parking, and supplemental storage for creative use (brewery, bed and breakfast, crypto mining with hydro-electric mill, event center, etc.)plus additional acreage for expansion. Strategically located in downtown Corinna, behind Dollar General, the facility enjoys year-round access, bolstered by its close proximity to the Newport/Dover-Foxcroft rail line and steady traffic from snowmobile and ATV enthusiasts. This prime location enhances accessibility and long-term demand. Currently operating at approximately 70% occupancy on storage units, the property generates strong baseline income with significant upside potential. Opportunities exist to increase net operating income through maximizing both physical and economic occupancy. The expansive lot also supports potential future development, while the adaptable mill building opens the door to a variety of value-add conversions—ranging from additional storage units to workspace or other income-generating uses.

FOR SALE DETAILS

PRICE

$699,000 USD

PRICE/SF

$32 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

MidMaine Self Storage - Corinna, ME

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Self-Storage Facilities

ADD'L SUBTYPES

Lodge/Meeting Hall, Trailer/Camper Park, Winery/Vineyard

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

2000

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

4 AC

LAND SF

174,240 SF

ZONING

Industrial

APN/PARCEL ID

CORI-000015-000000-000016

ASK ABOUT THIS PROPERTY

Doug WilsonSVN | Wilson Commercial Group, LLCMore Info
614-206-3881

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Doug WilsonSVN | Wilson Commercial Group, LLCMore Info
614-206-3881

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.