Asset Type: Real Estate
Estate: Fee Simple
Year Built: 2022
Number of Floors: 2
Property Size: 21,541 SF
Property Type: Industrial
Occupancy %: 70
Land Area: 4.4 Acres
Number of Units: 136
Investment Highlights
- 3 Mile Radius- 7.90 SF Per Capita
- Office Space
- Remotely operated
- Ancillary income opportunities-Tenant Protection Program, expansion possibilities per town approval
- Centrally located to retail shops- Dollar General, grocery stores and schools
MidMaine Storage Solutions
Mid Maine Storage Solutions presents a compelling investment opportunity in the heart of Corinna, Maine with 21,541 SF (9092 SF Storage, 12449 interior parking) 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, 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/DoverFoxcroft 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.
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