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.
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