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1705 Route 202 Hwy

130,000 SF Industrial Building Winthrop, ME 04364 £7,785,378 (£60/SF)

Investment Highlights

  • 130,000± SF industrial/office building sitting on 18.96± acres with 850’ of frontage on Route 202 in Winthrop, ME.

Executive Summary

130,000± SF industrial/office building sitting on 18.96± acres with 850’ of frontage on Route 202 in Winthrop, ME. Significant income producer with solid tenant mix. 21,500± SF vacancy and development upside for owner/user. Over $700,000 of ongoing upgrades and renovations completed since 2022, including new LED lighting, flooring, conference room, and HVAC units. Centrally located on heavily trafficked US Route 202.
Submit NDA for Offering Memorandum.

Attachments

Flyer & NDA

Property Facts

Price £7,785,378
Price Per SF £60
Sale Type Investment or Owner User
Property Type Industrial
Property Subtype
Warehouse
  • Light Industrial Light Manufacturing
  • Office Data Centre
Building Class C
Lot Size 18.97 AC
Rentable Building Area 130,000 SF
Number of Floors 1
Year Built/Renovated 1971/2020
Parking Ratio 3.07/1,000 SF
Clear Ceiling Height 17 ft
No. Dock-High Doors/Loading 6

Amenities

  • Air Conditioning

MAJOR TENANTS

  • Tenant
  • Industry
  • SF OCCUPIED
  • RENT/SF
  • Lease End
  • Department of Health & Human Services (DHHS)
  • -
  • 19,675 SF
  • -
  • -
  • State of Maine Library & Archives
  • -
  • 14,125 SF
  • -
  • -
  • Tex Tech Industries, Inc.
  • -
  • 61,426 SF
  • -
  • -
Tenant Industry SF OCCUPIED RENT/SF Lease End
Department of Health & Human Services (DHHS) - 19,675 SF - -
State of Maine Library & Archives - 14,125 SF - -
Tex Tech Industries, Inc. - 61,426 SF - -

Space Availability

  • Space
  • Size
  • Space Use
  • Condition
  • Available
  • 1st Floor
  • 7,000-21,500 SF
  • Light Industrial
  • Full Build-Out
  • Now

7,000± to 21,500± SF available for lease in this 130,000± SF industrial/office building with 850’ of frontage on Route 202 in Winthrop, ME. Former call center space features an open floor plan with access to 2 shared loading docks and the ability to add overhead doors. Robust infrastructure including OC-3 fiber optic cable, copper T-1 line, and 250 Cat 6 data cabling terminations. Flexible floor plans with existing office buildout. New HVAC rooftop units installed in 2024 will reduce energy costs to tenants. Centrally located on heavily trafficked US Route 202.

Space Size Space Use Condition Available
1st Floor 7,000-21,500 SF Light Industrial Full Build-Out Now

1st Floor

Size
7,000-21,500 SF
Space Use
Light Industrial
Condition
Full Build-Out
Available
Now

1st Floor

Size 7,000-21,500 SF
Space Use Light Industrial
Condition Full Build-Out
Available Now

7,000± to 21,500± SF available for lease in this 130,000± SF industrial/office building with 850’ of frontage on Route 202 in Winthrop, ME. Former call center space features an open floor plan with access to 2 shared loading docks and the ability to add overhead doors. Robust infrastructure including OC-3 fiber optic cable, copper T-1 line, and 250 Cat 6 data cabling terminations. Flexible floor plans with existing office buildout. New HVAC rooftop units installed in 2024 will reduce energy costs to tenants. Centrally located on heavily trafficked US Route 202.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
WINP-000005-000066-A000000
Land Assessment
£437,468
Improvements Assessment
£2,370,589
Total Assessment
£2,808,057

zoning

Zoning Code General Commercial
General Commercial
  • Listing ID: 32234870

  • Date on Market: 24/06/2024

  • Last Updated:

  • Address: 1705 Route 202 Hwy, Winthrop, ME 04364

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