200 Brackett St & 54 Pine St, Portland, ME 04102
Six-unit investment property with commercial and residential spaces.
- Added:
- Mar 10, 2026
- Days on Market:
- 119
- Last Refresh:
- Jul 5 at 3:37 pm
Property Features for 200 Brackett St & 54 Pine St
General Information
- Standard status
- Active
- Size
- 8,172 SF
- Property subtype
- Mixed Use, Multifamily, Retail
Building Details
- Year Built
- 1910
Listing office The Boulos Company Portland (207) 553-1723
Listing date Mar 10, 2026
Source Crexi
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HighLights
- Six unit investment property with a mix of commercial (restaurant) and residential units.
- 100% occupied, providing immediate income.
- Includes an eight (8) space parking lot.
- Commercial unit recently renovated.
- Property has recently undergone several capital improvement projects.
- Value‑add opportunity.
Overview
Local Financial Insights For Apartment 5plus
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 | $259.9k | $31.80 |
| − Vacancy | −$15.6k | −$1.91 |
| EGI | $244.3k | $29.89 |
| − OpEx | −$109.9k | −$13.45 |
| NOI | $134.4k | $16.44 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Portland
- County
- Cumberland
- State
- Maine
- Longitude
- -70.240775
- Latitude
- 43.6414532