Industrial / Warehousing / Distribution

32 Mill Street Newport, ME 04953

32 Mill Street, Newport, ME, 04953
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FOR SALE
Property Type:
Factory
Amount:
$1,150,000
Last Verified:
Apr 05, 2024

Highlights

  • - 99,170 SF industrial building
  • - Built in 1900, renovated in 1990
  • - Zoned for Commercial / Industrial activities
  • - Strategic location in Newport area, Close to I-95
  • - Ample space for manufacturing operations & efficient production
  • - Flexibility for diverse industrial needs
  • - Strong structural integrity for heavy-duty operations
  • - Ready for immediate occupancy
  • - Close proximity to transportation and logistics hubs
  • - Access to skilled labor in the local workforce
  • - Potential for expansion and customization
  • - Competitive advantage in the industrial market
  • - Over 2,000 feet of frontage along the Sebasticook River

Description

Exceptional commercial opportunity at 32 Mill Street in Newport, Maine. Strategically positioned for optimal accessibility, this expansive property boasts easy connectivity to I-95, making transportation and logistics a breeze for any business venture. The property features a vast 97,000 sq feet of versatile manufacturing and warehouse space, tailored to accommodate a variety of industrial and distribution needs. Complementing the warehouse area is a well-appointed office space, designed to facilitate efficient operations and management. The property offers multiple loading docks, streamlining the process of receiving and dispatching goods. Furthermore, with its expansive 6-plus acres of land, the property provides ample parking space, ensuring easy accessibility for employees, clients, and visitors alike. One of the standout features of this property is its stunning natural setting, with over 2,000 feet of frontage along the picturesque Sebasticook River. Don't miss out on this rare opportunity to invest in this prime commercial real estate, offering unmatched versatility, accessibility, and potential for growth. Schedule your showing today and explore the endless possibilities that this property has to offer.

Discover the potential of Newport, Maine - A prime location for industrial and manufacturing investors. Situated in close proximity to I-95 and logistical hubs, the area offers efficient access to regional and national markets. The robust local workforce provides access to skilled labor, supporting the needs of industrial operations. Embrace the convenience of nearby resources and suppliers, maximizing operational efficiency. Newport's strategic position and supportive business environment make it an ideal choice for industrial ventures. Explore the area and uncover the opportunities that Newport, ME, presents for industrial and manufacturing investors looking to thrive in a dynamic business landscape.


Year Built: 1900
Building Size: 99170sq ft
Lot Size: 6.41 acres

Map of 32 Mill Street, Newport, ME, 04953

Presented by:
RE/MAX INFINITY

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Jim Quimby


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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.