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$250,000
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Property Description
Newly constructed in 2024, this storage facility features a 120'x25' building with 24 total units, including twelve 15' x 10' units and twelve 10' x 10' units. The property sits on a fully cleared 1-acre lot with expansion potential, including town approval for two additional buildings. Located just off Route 201, the site offers excellent visibility and a high-traffic location. The property provides immediate, predictable cash flow with strong demand and future growth potential. Get your foothold in the resilient market of self storage at an attractive price and capitalize on a modern low maintenance asset.
Full Property Details
Full Property Details for MLS# 1650386
General
- Sold For: $250,000
- Taxes: $1,631 (2025)
- Status: Closed
- Type: Commercial
- Source: MREIS
- MLS ID: 1650386
- Added to Site: 153 day(s) ago
Business
- Business Type: Self Storage
Interior
- Interior Features: Storage
Parking
- Parking Features: 5 - 10 Spaces, Gravel
Location
- County: Somerset
Structural Information
- Construction: Wood Frame, Metal Clad
- Roof: Metal
- Square Feet: 3,000
- Year Built: 2024
- Other Struct. Feat.: Overhead Doors
Lot Features
- Lot Size (Acres): 1.14
- Lot Size (Sq. Ft.): 49,658.4
- Zoning: Rural
- Lot Description: Rural
Financial Considerations
- Tax Amount: $1,631.63
- Tax Year: 2025
Disclosures and Reports
- Lot Number: 7
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Schools
Schools serving MLS# 1650386
School District:School Administrative District 59
| Name | Grades | Distance |
|---|---|---|
Madison Junior High School 205 Main Street, Madison, ME 04950 | 5-8 | 5.5 mi |
Madison Elementary School, Madison, ME 43 Learners Lane, Madison, ME 04950 | PK-4 | 5.9 mi |
Madison Area Memorial High School 486 Main Street, Madison, ME 04950 | 9-12 | 4.2 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for MLS# 1650386
Date
Details
Price
Change
Source
6/12/2026
Sold
$250,000
-9.09%
MLS
4/20/2026
Price Reduced
$275,000
-6.78%
MLS
1/27/2026
Listed
$295,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
MLS# 1650386, Madison, ME 04950 (MLS# 1650386) is a Commercial property that was sold at $250,000 on June 12, 2026. This property was listed by Kara Bickford from our Augusta Office.Want to learn more about MLS# 1650386? Do you have questions about finding other Commercial real estate for sale in Madison? You can browse all Madison real estate or contact a Coldwell Banker agent to request more information.


