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27119818
27119819

398 School St, Berwick, ME 03901

TG
ME ME BA918504
F.O. Bailey Real Estate
Listed by F.O. Bailey Real Estate
$4,190,000
257 days on market
Updated 56 days ago

Premiere Industrial complex

Details
Property Type Industrial
Sub Type Flex, Manufacturing (+1)
Square Footage 27,240
Units 14
Cap Rate 10.28%
NOI $430,620
Occupancy 100%
Tenancy Multi
Lease Type Modified
Broker Co-Op Yes
Class B
Year Built 2018
Buildings 5
Acreage 8.940
Zoning R3

Industrial | 10.28% CAP | 27,240 SqFt

Marketing description

Premiere industrial investment opportunity in Southern Maine.

27,240± SF across five newly constructed industrial buildings with 14 separate tenants, all licensed marijuana cultivation operators.

Net Operating Income (NOI): $430,620 Cap Rate: 10.27%

Stable rental income with diverse tenant base

Modern construction and fully leased, turnkey investment

Listing Contacts

TG
ME ME BA918504
F.O. Bailey Real Estate
Listed by F.O. Bailey Real Estate

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$430,620.00
$35,885.00/mo

Valuation Metrics

0
DSCR
10.28%
Cap Rate
10.28%
ROI

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Additional Information

Name
Thomas Gadbois
License
ME BA918504
Brokerage
F.O. Bailey Real Estate
Brokerage Phone
2074098339
Title
ME
Brokerage Address
183 U.S. Route 1
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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