36 and 38 Summer St - Lakeside Storage 11,700 SF Specialty Building Offered at $2,093,880 CAD at a 7.10% Cap Rate in Oakland, ME 04963

Don't miss out on this one-of-a-kind commercial opportunity! This brand-new self-storage business is an investor's dream, boasting 65 units, durable metal construction, and a web-based management system for easy operation. With excellent high occupancy rates and low running expenses, this is a venture that promises strong returns. Conveniently positioned in Oakland, this business is close to Waterville, Thomas and Colby colleges, and the picturesque Messalonskee Lake, making this facility a preferred choice for students, faculty, and lake house owners needing additional storage space. There are 26 outdoor storage spaces for trucks, campers, RVs, boats, etc. The seller has recently partnered with a local shrink wrap business who will wrap on-site - making it especially convenient for seasonal storage. The package also includes a remodeled 3-bedroom, 1-bath ranch home that can be further utilized as an extra rental income source, an office space, or simply as a convenient residence for maintaining a perfect work-life balance. There is a concrete pad from a former mobile home behind the house. It can be used for additional outdoor storage, or with approval from the town, a garage, an office, another mobile home, or even a second dwelling. Come explore the potential of this unique commercial proposition today! Prospective buyers must sign an NDA and present proof of funds to receive financials.