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    181 Brackett St Portland, ME 04102

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    For Sale
    $1,875,000

    Redevelopment opportunity in Portland's West End with retail visibility.

    Property size:
    13,020 SF
    Lot size:
    0.16 Acres

    Property Features for 181 Brackett St

    General Information

    Size
    13,020 SF
    Lot size
    0.16 Acres

    Source: The Boulos Company Agent Claire Richardson

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

    Overview

    Portland West End Redevelopment Opportunity

    This 13,020 square foot building in Portland’s West End presents a redevelopment opportunity. The property features a brick exterior, retail visibility, and high ceilings. Recent capital improvements include a new roof, windows, and facade upgrades. Plans are in place for 9 residential units and 1 commercial unit. The building was formerly an office building.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Youth Build General Contractor Brooks Bakery Bakery LearningWorks Non-Profit Organization Amber Zuchara Social Worker Matthew Langella Social Worker

    Suggested Use

    Restaurant Realty agency Dental Office Spa & Massage Hair Salon Nail Salon Law Firm Clothing Store Food Market Grocery Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Portland
    County
    Cumberland
    State
    Maine
    Longitude
    -70.2672857
    Latitude
    43.6513368

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    FAQs

    What type of property is this?
    Apartment building - Redevelopment opportunity in Portland's West End with retail visibility.
    Where is this apartment building located?
    The property is located at 181 Brackett St Portland, ME.
    What is the asking price?
    The asking price for this property is $1,875,000.
    What are key features of this property?
    This property features: - Excellent redevelopment opportunity in Portland’s West End.; - Plans in place for **9 residential units and 1 commercial unit**.; - 13,020+/- SF building.
    (207) 553-1732
    Request Owner's contact information
    181 Brackett St Portland, ME 04102
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    Portland, ME 04102
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    181 Brackett St Portland, ME 04102
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