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    587 Spring St Westbrook, ME 04092

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    For Sale
    $699,000

    Office property in Westbrook's Manufacturing Zoning District, possible expansion.

    Lot size:
    2.28 Acres

    Property Features for 587 Spring St

    General Information

    Lot size
    2.28 Acres

    Source: Advisors Living Real Estate Agent Andrew Carr

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

    Overview

    Westbrook Office Space For Sale

    This property is located in the Manufacturing Zoning District of Westbrook, Maine. The 2.28-acre lot offers ample parking and potential for expansion. The main level is currently configured as office space. The lower level includes a training room, lab, utilities, and storage areas. The property features new LED lighting throughout.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Northeast Test Consultants Waste Management Service

    Suggested Use

    Restaurant Law Firm Building Supply Spa & Massage Wholesale Shop Auto Repair Shop Clothing Store Pharmacy Gym & Fitness Auto Parts Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Westbrook
    County
    Cumberland
    State
    Maine
    Longitude
    -70.3625225
    Latitude
    43.6599429

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    FAQs

    What type of property is this?
    Office space - Office property in Westbrook's Manufacturing Zoning District, possible expansion.
    Where is this office space located?
    The property is located at 587 Spring St Westbrook, ME.
    What is the asking price?
    The asking price for this property is $699,000.
    What are key features of this property?
    This property features: - Rare opportunity to acquire property in the Manufacturing Zoning District of Westbrook, ME.; - 2.28 acres with plenty of parking.; - Possible expansion opportunities.
    (207) 653-8353
    Request Owner's contact information
    587 Spring St Westbrook, ME 04092
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    Westbrook, ME 04092
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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
    587 Spring St Westbrook, ME 04092
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