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    Historic Brunswick Property with Development Potential Title is generated by Realmo AI

    11 Lincoln St, Brunswick, ME

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    Historic property near Maine Street with multiple development possibilities.

    Type:OFFICE
    Property size:
    5,000 SF
    Lot size:
    0.30 Acres
    Price / SF:
    $271/SF
    Added:
    Nov 24, 2025
    Days on Market:
    225
    Last Refresh:
    Jun 29 at 7:44 am

    Property Features for 11 Lincoln St

    General Information

    Standard status
    Active
    Size
    5,000 SF
    Lot size
    0.30 Acres
    Property subtype
    OFFICE

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    John Graham
    John Graham

    Listing office John Graham Real Estate

    Listing date Nov 24, 2025

    Source Moodyscre

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of John Graham Real Estate

    HighLights

    • Prime downtown location with GM6 zoning allowing for diverse development opportunities.
    • Currently a successful single‑family home with guest house/AirBnB, providing immediate income.
    • Historically significant property showcasing Italianate and Greek Revival architecture.
    • Substantial living space with approximately 5,000 sq ft across two floors, plus a full basement and attic.
    • Features architectural details like large rooms, high ceilings, detailed molding, oil‑rubbed brick, and wrought iron fretwork.
    • Conveniently located steps from Maine Street in Brunswick, offering easy access to local amenities.

    Overview

    The Richardson House, also known as the Captain W. McManus House, constructed around 1857, exemplifies Italianate and Greek Revival architectural styles. Situated near Maine Street in Brunswick, this building features large rooms, high ceilings, and detailed molding. The exterior showcases oil-rubbed brick and wrought iron fretwork. The property encompasses approximately 5,000 square feet across the first and second floors, with a full basement and additional attic space. A yard and parking area complement the location. Currently operating as a single-family home with a guest house/AirBnB, the GM6 downtown zoning allows for various development options, including condos, an inn, a bed and breakfast, a restaurant, a bar, a cafe, professional offices, or additional apartments.

    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 $109.2k $21.84
    − Vacancy −$13.8k −$2.75
    EGI $95.4k $19.09
    − OpEx −$23.9k −$4.77
    NOI $71.6k $14.32
    5,000 SF · lease $21.84/SF/yr · vacancy 12.60% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $1.02M
    $894.8K – $1.19M (±1% cap)
    NOI $71,581 @ 7.0% cap · market cap 5.27%
    Second Best
    Specialty Retail
    $800.4K
    $700.3K – $933.8K (±1% cap)
    NOI $56,025 @ 7.0% cap · market cap 4.13%
    Theoretical Best
    Office A
    $1.37M
    $1.20M – $1.60M (±1% cap)
    NOI $96,198 @ 7.0% cap · market cap 7.08%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Bed & breakfasts

    Suggested Use

    Tech Support Center Cosmetic Store Shopping Center & Mall Computer & Electronic Repair Florist Clothing & Fashion Store Locksmith Restaurant Restaurant Restaurant

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • Black Lantern Bed & Breakfast — 57 Elm St, Topsham, ME 04086
    • Tourist Inn — 42 Pleasant St, Brunswick, ME 04011
    • Barons Hill — 23 Winter St, Topsham, ME 04086
    • Derek R. Smith — 23 winter st, topsham, me 04086

    Location Insight

    • Map
    • Local Demand
    City
    Brunswick
    County
    Cumberland
    State
    Maine
    Longitude
    -69.9675
    Latitude
    43.9164

    FAQs

    What type of property is this?
    Bed & breakfast - Historic property near Maine Street with multiple development possibilities.
    Where is this bed & breakfast located?
    The property is located at 11 Lincoln St Brunswick, ME.
    What is the asking price?
    The asking price for this property is $1,358,000.
    What are key features of this property?
    This property features: Prime downtown location with GM6 zoning allowing for diverse development opportunities.; Currently a successful single‑family home with guest house/AirBnB, providing immediate income.; Historically significant property showcasing Italianate and Greek Revival architecture.
    (207) 491-1660 Call to check price and availability
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