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    28 State St Gorham, ME 04038

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    For Sale
    $225,000

    Office space in Gorham Village with established tenant.

    Property size:
    960 SF
    Lot size:
    0.36 Acres

    Property Features for 28 State St

    General Information

    Size
    960 SF
    Lot size
    0.36 Acres

    Source: Malone Commercial Brokers Agent Mike Anderson

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

    Overview

    Gorham Village Office Investment

    This property is located in Gorham Village, surrounded by businesses, restaurants, and shops. It offers excellent visibility on Route 202 (State St), with traffic counts of approximately 17,160 cars per day based on 2023 AADT data. The property is also in close proximity to Main Street and Route 25. The property is an office space with a size of 960 square feet. There is a four-year lease remaining with Edward Jones.
    Location Intelligence

    Current Use by Public Records

    Berry Judith Attorney SYNC Gorham Coworking Space Gianna Micucci of Dream ... Real Estate Agent Edward Jones - Financial ... Investment Service

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Gorham
    County
    Cumberland
    State
    Maine
    Longitude
    -70.443515
    Latitude
    43.6791219

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    FAQs

    What type of property is this?
    Office space - Office space in Gorham Village with established tenant.
    Where is this office space located?
    The property is located at 28 State St Gorham, ME.
    What is the asking price?
    The asking price for this property is $225,000.
    What are key features of this property?
    This property features: - Ideal location in Gorham Village surrounded by businesses, restaurants, and shops.; - Four-year lease remaining with Edward Jones.; - Excellent visibility on Route 202 (State St) with traffic counts of 17,160± cars/day.
    (207) 358-7028
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    28 State St Gorham, ME 04038
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    Gorham, ME 04038
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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
    28 State St Gorham, ME 04038
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