FOR SALE | 2 INDUSTRIAL BUILDINGS 10 ALDRICH AVE and/or 24 ALDRICH AVE. - NORWAY, ME MALONE COMMERCIAL BROKERS 5 Moulton Street • Suite 3 Portland, ME 04101 207.772.2422 main www.malonecb.com MIKE ANDERSON, BROKER 207.358-7028 direct 207.553.7100 direct fax [email protected]RARE OPPORTUNITY IN OXFORD COUNTY 2 INDUSTRIAL BUILDINGS FOR SALE Can be sold separately or together 10 Aldrich Avenue - Sale Price: $1,200,000 24,000± SF Industrial Building - 3.27± Acres Clear span interior, 2,500 SF of which is office Steel frame; security & sprinkler system; 3 overhead doors Ceiling heights are 12’ to 18’ at the eaves 24 Aldrich Avenue - Sale Price: $525,000 10,300± SF Industrial Building - 2.67± Acres Clear span interior, 2,100 SF of which previous used as office 3 overhead doors; security & sprinkler system, steel frame High bay 17’ max eave height SALE PRICE FOR BOTH PROPERTIES: $1,500,000 10 ALDRICH AVE 24 ALDRICH AVE
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FOR SALE | 2 INDUSTRIAL BUILDINGS
10 ALDRICH AVE and/or 24 ALDRICH AVE. - NORWAY, ME
24,000± SF Industrial Building - 3.27± Acres Clear span interior, 2,500 SF of which is office Steel frame; security & sprinkler system; 3 overhead doors Ceiling heights are 12’ to 18’ at the eaves 24 Aldrich Avenue - Sale Price: $525,000
10,300± SF Industrial Building - 2.67± Acres Clear span interior, 2,100 SF of which previous used as office 3 overhead doors; security & sprinkler system, steel frame High bay 17’ max eave height
SALE PRICE FOR BOTH PROPERTIES: $1,500,000
10 ALDRICH AVE 24 ALDRICH AVE
BUILDING SIZE: 24,000± SF
BUILT: Circa 1973
LAND SIZE: 3.27± Acres. 10 Aldrich along with 42 & 48 Alpine St. consists of 2.5± acres according to the tax assessor’s office. 15 Aldrich Ave and Lot 12-3 combined add another 0.77± acres.
ZONE: No Zones. Suitability of desired uses should be inquired with the Code Enforcement Officer. There is currently a moratorium through May 2018 on cultivation of marijuana. Please inquire with the Town of Norway.
ASSESSORS REFERENCE: MAP 31: Lots 12D, 12-1, 12-3 and Lots 3 and 4.
DEED: Oxford County Registry of Deeds: Book 4833, Page 159
ASSESSED VALUE: $665,000. (Assessed Value of all five parcels being sold as 10 Aldrich Ave.)
CONSTRUCTION: Steel Frame—clear span interior
ROOF: Ribbed metal roof. New addition built in 2008. Roof on the original structure was refurbished in 2016
HEAT: Oil fired hot air and propane infra-red tube heaters
SPRINKLER: Wet System
ELECTRICAL/LIGHTING: 1000 Amps / Fluorescent high efficiency (new in 2008)
CEILINGS: 12 feet to 18 feet at the eaves
WATER/SEWER: Public
AMENITIES: 3 Overhead doors, security system
SALE PRICE: $1,200,000.00
10 Aldrich Avenue is improved with a 24,000± SF industrial building of which roughly 2,500 SF is
office and the remaining 21,500 SF of industrial space of which 10,000 SF is high bay and is a relatively new addition compared to the rest of the property. The property is a well maintained, clear span interior, steel frame construction with ample electrical capacity. There are 3 overhead doors (no loading docks), security system, wet sprinkler system, high efficiency lighting (new in 2008) and twelve inch thick concrete slab under the newer 10,000 SF addition. Ceiling heights are twelve feet to eighteen feet at the eaves. The property is located on a short street that is populated with a few other industrial properties and some residential properties in close proximity. 10 Aldrich Ave is in good overall condition and has adequate parking onsite with the ad-ditional parking available at 15 Aldrich and Lot 12-3 on Aldrich Ave, which is included as part of the sale.
PROPERTY OVERVIEW
10 ALDRICH AVENUE - NORWAY, MAINE
10 ALDRICH AVE - PROPERTY SUMMARY
MALONE COMMERCIAL BROKERS | 5 MOULTON ST STE 3 | PORTLAND ME 04101 | 207.772.2422 | MALONECB.COM
TAX MAP, AERIAL AND PHOTOS
10 ALDRICH AVENUE - NORWAY, MAINE
Portion of Norway Tax Map 31 - 10 Aldrich Avenue
Parcels available for sale are highlighted in yellow
Aerial showing approximate boundaries -
10 Aldrich Avenue Sale Parcels highlighted in yellow
BUILDING SIZE: 10,300± SF
BUILT: Circa 1973
LAND SIZE: 2.67± Acres.
ZONE: No Zones. Suitability of desired uses should be inquired with the Code Enforcement Officer. There is currently a moratorium through May 2018 on cultivation of marijuana. Please inquire with the Town of Norway.
ASSESSORS REFERENCE: MAP 31: Lot 12E
DEED: Oxford County Registry of Deeds: Book 4833, Page 159
ASSESSED VALUE: Building—$159,100; Land—$46,700; Total Assessed Value is $205,800
CONSTRUCTION: Steel Frame—clear span interior; cement slab foundation
ROOF: Ribbed Metal Roof (estimate to repair is about $50,000 - see broker for more details)
HEAT: Oil fired forced hot water furnace (may need some repair or replacement)
SPRINKLER: Dry System
ELECTRICAL: 400 Amps
CEILINGS: 17 feet max eave height
WATER/SEWER: Public
AMENITIES: 3 Overhead doors, security system with motion sensor
SALE PRICE: $525,000.00
PROPERTY OVERVIEW
24 ALDRICH AVENUE - NORWAY, MAINE
24 ALDRICH AVE - PROPERTY SUMMARY
MALONE COMMERCIAL BROKERS | 5 MOULTON ST STE 3 | PORTLAND ME 04101 | 207.772.2422 | MALONECB.COM
24 Aldrich Avenue consists of a 10,300± SF industrial facility on 2.67± acres of land (according
to the Tax Assessor). Of the 10,300 SF, 2,100± SF was previously used as office space but is in need of renovations. 6,000 SF of the 8,200 SF of warehouse space is high bay (17’ max eave height). The oil fired forced hot water furnace is in need of repairing if not replacing. Despite the roof and the heating sys-tem, the structure and “bones” of the building appear to be in good shape. The property is steel frame con-struction and is suitable for a variety of industrial users.
TAX MAP, AERIAL AND PHOTOS
24 ALDRICH AVENUE - NORWAY, MAINE
Portion of Norway Tax Map 31 - 24 Aldrich Avenue
Sale Parcels highlighted in green
Aerial showing approximate boundary -
highlighted in green
This document has been prepared by Malone Commercial Brokers for advertising and general information only. Malone Commercial Brokers makes no guarantees, representations or
warranties of any kind, expressed or implied, regarding, but not limited to, warranties of content, accuracy, and reliability. Any interested party should undertake their own inquiries as to
the accuracy of the information. Malone Commercial Brokers excludes unequivocally all informed or implied terms, conditions and warranties arising out of this document and excludes all
liability for loss and damages there from. All data is subject to change of price, error, omissions, other conditions or withdrawal without notice. Malone Commercial Brokers is acting as
the Seller’s/Lessor’s agent in the marketing of this property. 112.19.2017
TAX MAP SHOWING ALL PARCELS & SUMMARY
10 ALDRICH AVE & 24 ALDRICH AVE - NORWAY, MAINE
These types of properties (industrial buildings) are currently hard to find in today’s commercial real estate market environment. Quality high-bay industrial properties for sale as well as for lease similar to 10 Aldrich Ave and 24 Aldrich Ave (with some improvements) are not easily found.
