MidMaine Storage Solutions

Highlights:

• 3 Mile Radius- 7.90 SF Per Capita
• Office Space
• Remotely operated
• Ancillary income opportunities-Tenant Protection Program, expansion possibilities per town approval
• Centrally located to retail shops- Dollar General, grocery stores and schools

Description:

Mid Maine Storage Solutions presents a compelling investment opportunity in the heart of Corinna, Maine. Spanning a total of 17,700 square feet, the property includes 9,000 square feet of self-storage across four purpose-built structures, complemented by an additional 8,700 square feet within a historic mill building offering a mix of flex space, interior parking, and supplemental storage.

Strategically located in downtown Corinna, the facility enjoys excellent visibility and year-round access, bolstered by its close proximity to the Newport/Dover-Foxcroft rail line and steady traffic from snowmobile and ATV enthusiasts. This prime location enhances both accessibility and long-term demand.

Currently operating at approximately 70% occupancy, the property generates strong baseline income with significant upside potential. Opportunities exist to increase net operating income through improved management, rate adjustments, and maximizing both physical and economic occupancy. The expansive lot also supports potential future development, while the adaptable mill building opens the door to a variety of value-add conversions—ranging from additional storage units to workspace or other income-generating uses.

Located just minutes from Interstate 95 via nearby Newport, Corinna offers a strategic and appealing setting for both business and lifestyle. As part of Maine’s scenic and historic Moosehead Trail (Route 7), the town serves as a key corridor for thousands of travelers each year—many en route to popular recreational destinations such as Moosehead Lake, Katahdin Woods & Waters, and the broader North Maine Woods region.

Corinna’s blend of accessibility and charm makes it attractive to a wide range of users. It’s a recreational hub for outdoor enthusiasts, drawing consistent traffic from snowmobilers, ATV riders, hunters, and seasonal tourists. At the same time, it maintains a quiet, residential character, ideal for commuters working in larger nearby cities such as Bangor (40 minutes), Waterville (50 minutes), and Augusta (just over an hour).

The town's strategic location not only enhances visibility for businesses but also ensures consistent demand from both local residents and transient travelers. This combination of convenience, recreation, and regional connectivity positions Corinna as a valuable and under-the-radar destination for investment.

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