Benton, Maine Commercial Real Estate 2 Listings

Benton, Maine: A Premier Destination for Commercial Real Estate

Introduction

Benton, Maine, though a small town with a population of around 2,700, offers an understated yet promising landscape for commercial real estate (CRE) investors. Nestled in Kennebec County, Benton is part of the Augusta-Waterville, ME Micropolitan Statistical Area, which provides a robust backdrop of economic activity. Its economy is primarily driven by agriculture, manufacturing, and small-scale retail, presenting unique opportunities for growth in commercial property types such as industrial, retail, and office spaces.

Economic and Industry Overview

Benton’s economy is anchored by its agricultural roots, with a growing emphasis on manufacturing and local retail. The town's strategic location within the Augusta-Waterville area positions it well for industries like logistics and distribution. The Maine Department of Economic and Community Development promotes initiatives that support local businesses and attract new investments, making Benton an attractive option for CRE investors looking to capitalize on these growing sectors.

Strategic Location and Transportation Infrastructure

Benton is advantageously situated with access to major transportation routes. It is intersected by U.S. Route 201 and close to Interstate 95, offering efficient logistical avenues for distribution. The town’s proximity to the Waterville Robert LaFleur Airport and the Port of Portland further enhances its connectivity. These transportation infrastructures provide Benton with access to a vast labor pool and facilitate seamless distribution networks. For more details, refer to the Maine Department of Transportation.

Commercial Real Estate Inventory & Zoning

Benton's commercial real estate landscape consists of diverse submarkets, including industrial corridors and retail hubs. Key asset classes include industrial facilities, retail spaces, and office properties. Recent zoning updates have introduced incentives for developers, particularly in innovation districts. The town provides a Zoning Map and Parcel Viewer to assist potential investors in navigating available opportunities.

Major Employers and Institutions

Benton benefits from its proximity to major employers in the Augusta-Waterville region, including MaineGeneral Health, Colby College, and several manufacturing firms. These institutions drive demand for commercial space, particularly in sectors like healthcare and education. For more information on local businesses, visit the Kennebec Valley Chamber of Commerce.

Notable Commercial Developments & Projects

Recent developments in Benton include mixed-use projects and public-private partnerships that aim to revitalize the local economy. The town is part of designated Opportunity Zones, offering tax incentives to investors. For insights into ongoing projects, consult the Town of Benton Planning Department.

Building Permits, Planning, and Development Tools

For those interested in developing in Benton, the following resources are invaluable:

Market Data & Economic Reports

Data-driven insights are crucial for CRE decisions. Benton’s economic landscape is well-documented through public datasets available on census.gov and Benton’s Open Data Portal. Brevitas uses AI-powered aggregation from public data and internal insights, providing comprehensive market dashboards for Benton.