, Madison, ME 04950 (MLS# 1650386)

Madison, ME 04950

$250,000

Property Type: Commercial Square Footage: 3,000 Lot Size (sq. ft.): 49,658 Status: Closed

Current Price: $250,000 List Date: 1/27/2026 Last Modified: 6/18/2026

Overview

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.

Listing Details MLS# 1650386

Location Information

County: Somerset
Town: Madison
State/Province: ME
Zip Code: 04950
Leased Land: No
Book: 6138
Page: 240
Map: 027
Lot: 007
Zoning: Rural
Zoning Overlay: Unknown
Full Tax Amount $: 1631.63
Tax Year: 2025
Tree Growth Y/N: No
Association Y/N: No

Contract Information

Original List Price: 295000

Property Information

Primary Use: General Commercial
Surveyed: Yes
Year Built: 2024
SqFt Finished Total: 3000
Lot Size Acres +/-: 1.14

Status Change Info

Pending Date: 2026-05-01
Closed Date: 2026-06-12
Closed Price: 250000

Location

Rural: Yes

Property Uses

Self Storage: Yes

More Information

Construction

Wood Frame: Yes

Foundation Materials

Slab: Yes

Exterior

Metal Clad: Yes

Roof

Metal: Yes

Building Features

Overhead Doors: Yes
Storage: Yes

Parking

5 - 10 Spaces: Yes
Gravel: Yes

Property Features

Location: Rural Construction: Wood Frame Property Uses: Self Storage Foundation Materials: Slab Exterior: Metal Clad Roof: Metal Building Features: Overhead Doors; Storage Parking: 5 - 10 Spaces; Gravel

Documents

Tax Map ›

Deed ›

Property disclosure ›

IDX

Listing Office: Coldwell Banker Realty

Selling Office: Whittemore's Real Estate

Last Updated: June - 18 - 2026

Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. Copyright ©2026 Maine Real Estate Information System, Inc. All Rights Reserved. Equal Housing Opportunity.