Highly scalable self-storage investment opportunity with substantial value-add and redevelopment potential, located in the heart of Corinna, Maine. This established facility operates at approximately 70% occupancy and offers immediate upside through improved unit utilization, rental optimization, and ancillary income streams.
The property comprises 21,541 square feet across four purpose-built self-storage buildings totaling 136 units, positioned on an expansive 4.4-acre site. In addition, an historic mill building on the property provides significant additional square footage suitable for conversion to alternative income-producing uses such as additional storage, flex workspace, a brewery, bed and breakfast, grow facility, or interior vehicle storage (subject to approvals).
Strategically located in downtown Corinna directly behind Dollar General, the site benefits from strong local visibility, year-round access, and consistent demand driven by nearby residential areas, schools, grocery stores, and recreational traffic from snowmobile and ATV users. Proximity to the Newport–Dover-Foxcroft rail line further enhances long-term appeal.
The facility is remotely operated with minimal owner involvement, making it ideal for an investor seeking a semi-passive asset with strong growth fundamentals. Significant upside exists through expanding physical capacity, increasing economic occupancy, adding tenant protection programs, and redeveloping underutilized space within the mill building.
Training and transition support can be made available to ensure a smooth handover. Full financials and redevelopment concepts are available upon request.
