WEST GARDINER — Malone Commercial Brokers has announced the sale of a newly constructed 26,000± -square-foot self-storage facility located at 17 Town House Road. The 7.5-acre property with five storage unit buildings sold to 17 Town House Road, LLC from West Gardiner Self Storage, LLC for $2,134,000.
Completed in April 2023, the self-storage complex features all new buildings with a newly paved lot finished in August 2023.
Brandon Mitchell of Malone Commercial Brokers represented the seller, while Jordan Stolt of Summit Real Estate represented the buyer in the transaction that closed on May 1.
“We were very pleased to facilitate the sale of this top-quality self-storage facility. The self-storage industry continues to experience significant popularity. The brand-new construction and demand for self-storage facilities made this a highly desirable investment opportunity,” Mitchell said in a news release.
Comments are not available on this story. Read more about why we allow commenting on some stories and not on others.
We believe it's important to offer commenting on certain stories as a benefit to our readers. At its best, our comments sections can be a productive platform for readers to engage with our journalism, offer thoughts on coverage and issues, and drive conversation in a respectful, solutions-based way. It's a form of open discourse that can be useful to our community, public officials, journalists and others.
We do not enable comments on everything — exceptions include most crime stories, and coverage involving personal tragedy or sensitive issues that invite personal attacks instead of thoughtful discussion.
You can read more here about our commenting policy and terms of use. More information is also found on our FAQs.
Show less