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    Mixed-Use Investment Property For Sale Title is generated by Realmo AI

    200 Brackett St & 54 Pine St, Portland, ME 04102

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    Six-unit investment property with commercial and residential spaces.

    Type:Mixed Use, Multifamily, Retail
    Property size:
    8,172 SF
    Price / SF:
    $201/SF
    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

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    Samantha Marinko
    Samantha Marinko

    Listing office The Boulos Company Portland

    Listing date Mar 10, 2026

    Source Crexi

    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 The Boulos Company Portland

    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

    This investment property features a mix of commercial and residential spaces, comprising one restaurant unit and five residential units. The property is currently 100% occupied. An eight-space parking lot is included. The commercial unit has been recently renovated. The property has recently undergone several capital improvement projects. This six-unit investment property offers a value-add opportunity.

    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
    8,172 SF · lease $31.80/SF/yr · vacancy 6.00% · expense 45.00%

    Alternative Uses

    Best Use
    Apartment 5plus
    $1.92M
    $1.68M – $2.24M (±1% cap)
    NOI $134,353 @ 7.0% cap · market cap 8.14%
    Second Best
    Mixed Use
    $1.45M
    $1.27M – $1.69M (±1% cap)
    NOI $101,496 @ 7.0% cap · market cap 6.15%
    Theoretical Best
    Office A
    $2.25M
    $1.97M – $2.62M (±1% cap)
    NOI $157,226 @ 7.0% cap · market cap 9.53%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Mixed-use properties

    Suggested Use

    Dental Office Daycare Center Nursing Home Nursing Home HVAC Service Cosmetic Store Furniture & Home Goods (Bike/Boat/Book/etc) Store Bed & Breakfast Tattoo & Piercing Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Portland
    County
    Cumberland
    State
    Maine
    Longitude
    -70.240775
    Latitude
    43.6414532

    FAQs

    What type of property is this?
    Mixed-use property - Six-unit investment property with commercial and residential spaces.
    Where is this mixed-use property located?
    The property is located at 200 Brackett St & 54 Pine St Portland, ME.
    What is the asking price?
    The asking price for this property is $1,650,000.
    What are key features of this property?
    This property features: 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.
    (207) 553-1723 Call to check price and availability
    More about this property
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