Professional Office Building with
For Sale
$700,000
36 Main Street, Gorham, ME 04038
Commercial Sale, Gorham, ME
Property Size3,120 SF
Lot Size0.21 Acres
Price / SF$224.36
Days on Market43
Property Features for 36 Main Street
General Information
Property type
Commercial Sale
Property subtype
Office
Zoning
GVC
Rooms
Basement
Parking features
Off Street
Basement
Unfinished, Full
Lot features
Downtown, Business District, Near Shopping, Retail Strip
Standard status
Active
Size
3,120 SF
Lot size
0.21 Acres
Additional Details
Property Use
Office
Taxes and HOA fees
Tax Year
2026
Tax Annual Amount
6306
Utilities
Sewer type
Public Sewer
Heating system
Forced Air, Natural Gas
Cooling system
Heat Pump
Water source
Public
Building Details
Year built
1850
Building materials
Vinyl Siding
Roof type
Composition
Buildings
1
Listing Agency:
Keller Williams Realty
(207) 879-9800
Listed By:
Zachary Resnikoff
(207) 606-9665
Added: Sep 15
Changed: Oct 27
Last Checked: Oct 27 at 6:06PM
MLS# 1669788
Copyright © 2026 Maine Listings. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
At 36 Main Street, this 3,120± SF office building was constructed in 1850 and is arranged with offices of varying sizes, two bathrooms on the first floor, and one on the second. The building is vacant, with owner-user occupancy available beginning July 2026. Heating is by forced air with natural gas, and cooling is provided by a heat pump. Public water and sewer serve the property; construction includes vinyl siding and a composition roof. The property is zoned GVC.
The property includes a separate parcel behind the building with eight private parking spaces, in addition to four spaces on site. Its Main Street address is in Gorham’s village center, approximately 20 minutes from Portland and the Jetport. The University of Southern Maine is identified as an anchor in the surrounding college town.
The property includes a separate parcel behind the building with eight private parking spaces, in addition to four spaces on site. Its Main Street address is in Gorham’s village center, approximately 20 minutes from Portland and the Jetport. The University of Southern Maine is identified as an anchor in the surrounding college town.
Key Highlights
- 3,120± SF office building on a 0.21‑acre lot
- Constructed in 1850; vacant, with owner‑user occupancy available July 2026
- Multiple office configurations, two first‑floor bathrooms and one second‑floor bathroom
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$44,666
Cap Rate
6.38%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$893,320
$893.3K
Cap Rate 7%
$638,086
$638.1K
Cap Rate 9%
$496,289
$496.3K
Market Conditions
NOI Build-Up for 3,120 SF
Gross rent
$68.1K $21.84/SF
− Vacancy
−$8.6K −$2.75/SF
EGI
$59.6K $19.09/SF
− OpEx
−$14.9K −$4.77/SF
NOI
$44.7K $14.32/SF
Area
Cumberland County, ME
Vacancy
12.60%
Lease Rate
$21.84 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$893,320
Cap Rate 7%
$638,086
Cap Rate 9%
$496,289
Alternative Uses
Best Use
Office B
$638.1K
$558.3K – $744.4K
NOI $44,666 @ 7.0% cap · market cap 6.38%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$857.5K
$750.3K – $1.00M
NOI $60,027 @ 7.0% cap · market cap 8.58%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
429
Businesses Nearby
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Business Placement
Demographics for 04038, ME
18,336
Population
6,527
Households
2.8
Avg Household Size
39
Median Age
46%
College-Educated
97%
High-School Grad
50.6 sq mi
ZIP Area
362
Density / Sq Mi
$110,181
Median Household Income
$53,122
Median Earnings
$1,567
Median Rent
$426,300
Median Home Value
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Market
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Office building - Multiple office configurations and GVC zoning support a range of office and service-oriented commercial uses.
Where is this office building located?
The property is located at 36 Main Street Gorham, ME.
What is the asking price?
The asking price for this property is $700,000.
What are key features of this property?
This property features: 3,120± SF office building on a 0.21‑acre lot; Constructed in 1850; vacant, with owner‑user occupancy available July 2026; Multiple office configurations, two first‑floor bathrooms and one second‑floor bathroom
