10 Elm Street, Gorham, ME 04038
COMMERCIAL - Gorham, ME
- Added:
- Jun 16, 2026
- Days on Market:
- 22
- Last Refresh:
- Jul 7 at 5:06 am
Property Features for 10 Elm Street
General Information
- Property type
- Commercial Sale
- Property subtype
- Office
- Zoning
- Urban Commercial
- Rooms
- Basement
- Basement
- Full, Unfinished
- Standard status
- Active
- Size
- 2,233 SF
- Lot size
- 0.14 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 4499
Utilities
- Sewer type
- Public Sewer
- Heating system
- Natural Gas, Forced Air
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1900
- Building materials
- Wood Frame
- Roof type
- Metal
Listing agent Stefan Lopez (207) 800-9943
Listing office Maine Real Estate Co 685 US Route 1, Scarborough, ME (207) 292-1030
Listing date Jun 16, 2026
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.
HighLights
- Wood‑frame building with a metal roof, built in 1900
- Heating: natural gas forced air; cooling: central air
- Served by public water and public sewer
- Urban Commercial Zone supports a variety of uses, including professional offices and mixed‑use or residential conversion
- Includes a covered porch and basement space
- On‑site 216± SF auxiliary building with its own restroom, heat pump, and public utilities
Overview
Located in the heart of Gorham Village with high visibility along Elm Street, the property places businesses close to local downtown amenities. The Urban Commercial zone is described as supporting a range of uses, including professional offices and potential mixed-use or residential conversion. The listing notes the property is only minutes from Portland and the University of Southern Maine, as well as the day-to-day conveniences of Gorham’s downtown.
For tenants or buyers, the configuration offers two distinct work areas under one ownership: the main building for office-based operations and the auxiliary structure for additional staff space, a secondary office, or an alternative use consistent with the Urban Commercial zoning. The property’s existing character, natural light, and dedicated auxiliary improvements make it practical for operators seeking flexibility while maintaining a traditional village setting.
Local Financial Insights For Office B
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 | $48.8k | $21.84 |
| − Vacancy | −$6.1k | −$2.75 |
| EGI | $42.6k | $19.09 |
| − OpEx | −$10.7k | −$4.77 |
| NOI | $32.0k | $14.32 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Gorham
- County
- Cumberland
- State
- Maine
- Longitude
- -70.4397501
- Latitude
- 43.6799167
