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INVESTMENT HIGHLIGHTS
- Rail-served industrial facility with natural gas and high-power capacity.
- Minutes from I-95 interchange for regional logistics access.
- Clear heights from 20’ to 32’ support diverse industrial uses.
- Located in a submarket with only 1.79% vacancy and rising lease rates.
EXECUTIVE SUMMARY
Positioned in the heart of Biddeford’s industrial corridor, 8 Morin Street presents a rare opportunity to acquire a high-capacity manufacturing and distribution facility with exceptional infrastructure and logistics connectivity. Spanning over 124,000 square feet on 12.2 acres, the property is zoned I1 – General Industrial and features robust utility access including 3,000 Amp / 3-Phase power, natural gas, and rail service. Its clear heights ranging from 20 to 32 feet offer flexibility for a wide range of industrial operations.
Strategically located just minutes from the I-95 interchange, the site ensures seamless regional access to Portland (24 minutes), Boston (1 hour 34 minutes), and other key Northeast markets. The Southern Maine industrial market remains exceptionally tight, with Biddeford showing only three available properties and a sub-2% vacancy rate, underscoring the scarcity and value of assets like this. Constructed in 1974, the building’s layout includes dedicated areas for production, receiving, finished goods, and multiple office and lab spaces, as shown in the detailed site and floor plans on pages 7–8 1. This configuration supports both single-user and multi-tenant scenarios, making it ideal for owner-users or investors seeking a repositioning opportunity. With market lease rates trending upward and tenant demand for modern facilities remaining strong, 8 Morin Street offers a compelling case for acquisition in a supply-constrained environment.
Strategically located just minutes from the I-95 interchange, the site ensures seamless regional access to Portland (24 minutes), Boston (1 hour 34 minutes), and other key Northeast markets. The Southern Maine industrial market remains exceptionally tight, with Biddeford showing only three available properties and a sub-2% vacancy rate, underscoring the scarcity and value of assets like this. Constructed in 1974, the building’s layout includes dedicated areas for production, receiving, finished goods, and multiple office and lab spaces, as shown in the detailed site and floor plans on pages 7–8 1. This configuration supports both single-user and multi-tenant scenarios, making it ideal for owner-users or investors seeking a repositioning opportunity. With market lease rates trending upward and tenant demand for modern facilities remaining strong, 8 Morin Street offers a compelling case for acquisition in a supply-constrained environment.
PROPERTY FACTS
| Sale Type | Investment | Year Built | 1974 |
| Property Type | Industrial | Tenancy | Single |
| Property Subtype | Warehouse | Parking Ratio | 1.21/1,000 SF |
| Building Class | B | Clear Ceiling Height | 32’ |
| Lot Size | 12.20 AC | No. Dock-High Doors/Loading | 3 |
| Rentable Building Area | 124,315 SF | No. Drive In / Grade-Level Doors | 2 |
| No. Stories | 1 | ||
| Zoning | I1 - industrial | ||
| Sale Type | Investment |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | B |
| Lot Size | 12.20 AC |
| Rentable Building Area | 124,315 SF |
| No. Stories | 1 |
| Year Built | 1974 |
| Tenancy | Single |
| Parking Ratio | 1.21/1,000 SF |
| Clear Ceiling Height | 32’ |
| No. Dock-High Doors/Loading | 3 |
| No. Drive In / Grade-Level Doors | 2 |
| Zoning | I1 - industrial |
AMENITIES
- Fenced Lot
1 1
PROPERTY TAXES
| Parcel Number | BIDD-000012-000000-000024 | Improvements Assessment | $4,762,713 CAD |
| Land Assessment | $1,292,423 CAD | Total Assessment | $6,055,136 CAD |
PROPERTY TAXES
Parcel Number
BIDD-000012-000000-000024
Land Assessment
$1,292,423 CAD
Improvements Assessment
$4,762,713 CAD
Total Assessment
$6,055,136 CAD
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