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500 Portland St 6,600 SF Flex Condo Unit in Berwick, ME 03901

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INVESTMENT HIGHLIGHTS

  • Heavy Power

EXECUTIVE SUMMARY

This is a standalone 6,600 square foot industrial condominium offering an exceptional opportunity for businesses seeking space with minimal shared responsibilities. The property will only share road access, landscaping, and septic systems, ensuring maximum privacy and operational autonomy. Each unit is designed with its own dedicated power and well, providing independence and control over essential utilities. We anticipate that the common area fees for each condominium will be minimal, as owners will only be responsible for their individual structure. This model offers a practical and cost-effective solution for those who wish to own a building without the full financial and operational responsibilities of managing an entire land site. This structure provides the ideal balance of ownership and convenience, making it an attractive option for businesses that want to invest in property while minimizing ongoing maintenance and management obligations. Whether you're an investor or a user-occupant, this industrial condominium offers an efficient and streamlined path to property ownership.

PROPERTY FACTS

Total Building Size 6,600 SF
Property Type Industrial (Condo)
Property Subtype
Warehouse
  • Industrial Distribution
  • Industrial Manufacturing
  • Industrial Service
Building Class C
Floors 1
Typical Floor Size 6,600 SF
Year Built 2025
Lot Size 52.00 AC
Parking Ratio 1.06/1,000 SF
Zoning MU - Mixed Use Town of Berwick has a list of uses permitted in this zone. They range from Office to industrial.

AMENITIES

  • 24 Hour Access
  • Yard

UTILITIES

  • Water - Well

1 UNIT AVAILABLE

Unit 1

Unit Size 6,600 SF
Condo Use Flex
Sale Type Investment or Owner User
No. Parking Spaces 7
Sale Conditions Build to Suit
DESCRIPTION

This is a standalone 6,600 square foot industrial condominium offering an exceptional opportunity for businesses seeking space with minimal shared responsibilities. The property will only share road access, landscaping, and septic systems, ensuring maximum privacy and operational autonomy. Each unit is designed with its own dedicated power and well, providing independence and control over essential utilities.

We anticipate that the common area fees for each condominium will be very reasonable, as owners will only be responsible for their individual structure. This model offers a practical and cost-effective solution for those who wish to own a building without the full financial and operational responsibilities of managing an entire land site.

This structure provides the ideal balance of ownership and convenience, making it an attractive option for businesses that want to invest in property while minimizing ongoing maintenance and management obligations. Whether you're an investor or a user-occupant, this industrial condominium offers an efficient and streamlined path to property ownership.

SALE NOTES

There is the possibility to divide each condo

  • Listing ID: 34818715

  • Date on Market: 2/13/2025

  • Last Updated:

  • Address: 500 Portland St, Berwick, ME 03901

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