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Retail and Apartments Building
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8 Pleasant Street, Topsham, ME 04011

8 Pleasant Street includes first-floor retail with three apartment units on the upper level.

Property SizeContact for details
Days on Market122

Property Features for 8 Pleasant Street

General Information

Standard status Active
Property subtype Retail, Multifamily, Note/Loan

Additional Details

Multifamily Units 3
Listing Agency: Rhenium Capital
Listed By: Andre Cuadrado · License #FL BK3287912
Source: Crexi
Added: Apr 10 Changed: Aug 8 Last Checked: Jul 23 at 8:31AM

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 Rhenium Capital

Investment Insights

Based on property information with market context.

The subject collateral includes 8 Pleasant Street, a wood-framed, pitched-roof building originally constructed as an early 20th century residential structure and later repurposed to commercial use. The building offers first-floor retail space, with three apartment units located on the upper floor.

The improvements sit on adjacent parcels in downtown Brunswick, just north of Bowdoin College, and are part of a non-performing loan that is included in a 9-asset portfolio. The master data tape for the overall portfolio is available in the due diligence vault. The related companion asset is 11 Town Hall Place, a 2,190 SF wood-framed, pitched-roof building that has been used as a restaurant and bar.

For buyers evaluating this package, the property provides a combined retail-and-residential configuration within the same portfolio structure and includes adjacent-parcel presence alongside the restaurant/bar asset.

Key Highlights

  • Non‑performing loan offering as part of a 9‑asset portfolio; investors may bid on individual loans or the entire portfolio
  • Two adjacent downtown Brunswick assets: 8 Pleasant Street and 11 Town Hall Place, just north of Bowdoin College
  • 11 Town Hall Place: 2,190 SF wood‑framed, pitched‑roof building used as a restaurant and bar

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Parking Lot & Garage Computer & Electronic Repair Catering Service Grocery & Convenience Store Home Appliance Store Veterinary Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Residential units

Location Intelligence

Trade Area within ½ mile

462
Businesses Nearby

Demographics for 04011, ME

21,756
Population
9,440
Households
2.3
Avg Household Size
44
Median Age
52%
College-Educated
96%
High-School Grad
46.8 sq mi
ZIP Area
465
Density / Sq Mi
$74,102
Median Household Income
$40,075
Median Earnings
$1,341
Median Rent
$343,600
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Triplex - 8 Pleasant Street includes first-floor retail with three apartment units on the upper level.
Where is this triplex located?
The property is located at 8 Pleasant Street Topsham, ME.
What are key features of this property?
This property features: Non‑performing loan offering as part of a 9‑asset portfolio; investors may bid on individual loans or the entire portfolio; Two adjacent downtown Brunswick assets: 8 Pleasant Street and 11 Town Hall Place, just north of Bowdoin College; 11 Town Hall Place: 2,190 SF wood‑framed, pitched‑roof building used as a restaurant and bar
More about this property
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