Fully Built-Out Retail
110 New Gorham Road Westbrook, ME 04092
For Sale
$850,000
COMMERCIAL - Westbrook, ME
Property Size3,244 SF
Lot Size0.37 Acres
Price / SF$262.02
Days on Market11
Property Features for 110 New Gorham Road
General Information
- Property type
- Commercial Sale
- Property subtype
- Retail
- Zoning
- 11
- Parking features
- Assigned
- Interior features
- Storage
- Basement
- Crawl Space
- Standard status
- Active
- Size
- 3,244 SF
- Lot size
- 0.37 Acres
Utilities
- Sewer type
- Public Sewer
- Heating system
- Electric (Heating), Natural Gas, Heat Pump (Heating), Propane (Heating)
- Cooling system
- Heat Pump
- Water source
- Public
Building Details
- Year built
- 1950
- Flooring type
- Vinyl
- Building materials
- Wood Frame, Aluminum Siding, Brick Veneer
- Roof type
- Metal, Shingle
- Additional Structures
- Storage
Listing Agency:
Coastal Pine Real Estate, LLC
(207) 776-8675
Listed By:
Kathryn Treem
(207) 400-4064
Added: Jul 15
Last Checked: Jul 25 at 4:06AM
MLS# 1661841
Copyright © 2026 Maine Listings. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This fully renovated retail building offers a turnkey, food-and-beverage-ready configuration within an open floor plan. The space includes a walk-in cooler, extensive refrigeration, and prepared food areas designed to support operational continuity for the next operator or concept.
The property is located at 110 New Gorham Road in Westbrook, Maine. It was previously home to Mainely Provisions, a neighborhood grocery concept.
With a built-out interior suited for retail use, the layout provides a practical foundation for food-focused retail merchandising and operations, with key refrigeration elements already in place.
The property is located at 110 New Gorham Road in Westbrook, Maine. It was previously home to Mainely Provisions, a neighborhood grocery concept.
With a built-out interior suited for retail use, the layout provides a practical foundation for food-focused retail merchandising and operations, with key refrigeration elements already in place.
Key Highlights
- Fully renovated 3,244 SF retail building at 110 New Gorham Road in Westbrook
- Built‑out for food & beverage or retail use with an open floor plan
- Includes a walk‑in cooler, extensive refrigeration, and prepared food areas
Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $58.4k | $18.00 |
| − Vacancy | −$9.9k | −$3.06 |
| EGI | $48.5k | $14.94 |
| − OpEx | −$12.1k | −$3.74 |
| NOI | $36.3k | $11.21 |
3,244 SF · lease $18.00/SF/yr · vacancy 17.00% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$519.3K
$454.4K – $605.8K
NOI $36,349 @ 7.0% cap · market cap 4.28%
Second Best
Retail
$484.7K
$424.1K – $565.4K
NOI $33,926 @ 7.0% cap · market cap 3.99%
Theoretical Best
Office A
$891.6K
$780.2K – $1.04M
NOI $62,413 @ 7.0% cap · market cap 7.34%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Digby's
Restaurant
A & T Investments Inc
Financial Advisor
FAQs
What type of property is this?
Retail space - Fully renovated retail building with open layout and built-in walk-in cooler and refrigeration systems.
Where is this retail space located?
The property is located at 110 New Gorham Road Westbrook, ME.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: Fully renovated 3,244 SF retail building at 110 New Gorham Road in Westbrook; Built‑out for food & beverage or retail use with an open floor plan; Includes a walk‑in cooler, extensive refrigeration, and prepared food areas
