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    Westbrook, ME
    Conventional Restaurant

    Westbrook, ME Conventional Restaurants for Sale

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    Corner Multi-Tenant Retail Building
    Updated: Jul 14
    Corner Multi-Tenant Retail Building

    863 Main Street, Westbrook, ME 04092

    $1,680,000
    10,481 sqft 0.22 AC lot
    0.22‑acre corner retail property at 863 Main Street, Westbrook, ME 04092
    10,481 SF multi‑tenant building subdivided into five distinct spaces
    Restaurant space just leased with a 5‑year deal
    Natural gas heating plus public water and public sewer
    Wood‑frame construction with flat roof; vinyl, wood, and tile flooring
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    This listing looks promising.

    Here's a quick look at some key insights for

    863 Main Street, Westbrook, ME 04092

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    • Est. Cap Rate

      7%
      Above avg (5.9%)

    • Est. NOI

      $117K
      Annual

    • Price @ 7% Cap

      $1.68M
      Suggested

    • Property Type

      Commercial (General)
      Built 1900
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    Corner Multi-Tenant Retail Building
    Updated: May 30
    Corner Multi-Tenant Retail Building

    863 Main Street, Westbrook, ME 04092

    $1,680,000
    10,481 sqft
    10,481 SF multi‑tenanted retail property at 863 Main St, built in 1900
    Located on a corner lot in Westbrook’s downtown district
    Currently subdivided into five distinct spaces
    Restaurant space was just leased on a 5‑year deal
    Blaze's Burgers is a co‑tenant (voted #1 Best Burger in Maine... again)
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    Updated Restaurant Building
    Updated Restaurant Building

    1575 Bridgton Road, Westbrook, ME 04092

    $470,000
    1,620 sqft 7.32 AC lot

    The property currently operates as a bakery/restaurant and includes on-site parking.

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    Based on your search, we've compiled 7 Potential Opportunities for your consideration. Besides 3 Active listings in Westbrook, ME, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Conventional Restaurant Building
    Conventional Restaurant Building

    1435 Forest Avenue, Portland, ME 04103

    $625,000
    2,910 sqft

    For sale conventional restaurant property with 2,910 square feet in Portland, ME 04103.

    View details
    Mixed-Use Storefront Building
    Mixed-Use Storefront Building

    1435 Forest Avenue, Portland, ME 04103

    $505,000
    2,910 sqft

    Street-level commercial space is combined with a three-bedroom apartment and separate finished support area.

    View details
    Restaurant with Event Center and Apartments
    Restaurant with Event Center and Apartments

    424 Walnut Hill Road, North Yarmouth, ME 04097

    $1,350,000
    6,749 sqft 0.52 AC lot

    Restaurant, event center, and apartments on Walnut Hill Road.

    View details
    North Yarmouth Mixed-Use Property
    North Yarmouth Mixed-Use Property

    424 Walnut Hill Rd, North Yarmouth, ME 04097

    Contact for pricing
    6,832 sqft

    Fully leased mixed-use property with restaurant, apartments, and event space.

    View details

    Westbrook, ME Conventional Restaurants Market Trends and Statistics

    Explore 3 conventional restaurants for sale in Westbrook, ME, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 22,582 square feet of properties for sale, with an estimated market value of $3,830,000.

    Sale prices for conventional restaurants in Westbrook, ME start at $470,000, averaging $1,276,666, and reaching up to $1,680,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Conventional restaurants 4

    Demographics Overview

    Population 20K
    Population Growth (5Y) +11.2%
    Median Household Income $85,868
    College Educated 26.0%

    High-Yield Neighborhoods for Investment

    Identify Westbrook submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    04092 $1.7M

    Taxes & Financing

    Tax Rate (average for all types) 1.66%
    Property Tax per SF $27.97 per SF
    Tax Rate vs County Average 0.14 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Cumberland County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Cumberland County

    Retail

    Office

    Residential Income

    Property Size Breakdown

    The majority of commercial real estate listings in Westbrook fall within the 5,000 to 10,000 square foot range.

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