Mixed-Use Building with
For Sale
$725,000
4 Pleasant St, Brunswick, ME 04011
Two-level commercial property combining an occupied specialty market and wine bar with a vacant upper floor.
Property Size6,256 SF
Days on Market88
Property Features for 4 Pleasant St
General Information
Standard status
Active
Size
6,256 SF
Property subtype
Retail
Amenities
outdoor patio
Building Details
Building Size
6,256 SF
Year Built
1860
Buildings
1
Stories
2
Tenancy
Multi
Listed By:
Chris Romano
(207) 233-1792
Source:
Boulos
Added: Jul 20
Changed: Oct 14
Last Checked: Oct 14 at 10:07PM
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 Chris Romano
Investment Insights
Based on property information with market context.
Built in 1860, this two-level mixed-use property at 4 Pleasant St in Brunswick includes an active first-floor specialty market and wine bar operated by Vessel & Vine since 2018. The second floor is currently vacant, with high ceilings and substantial natural light that distinguish the upper-level space.
The property includes a 520-square-foot outdoor patio associated with Vessel & Vine. Its downtown Brunswick setting places the building near The Tontine Mall, Bowdoin College, and the amenities of downtown. Lease details for the first-floor occupant are available through the broker.
The property includes a 520-square-foot outdoor patio associated with Vessel & Vine. Its downtown Brunswick setting places the building near The Tontine Mall, Bowdoin College, and the amenities of downtown. Lease details for the first-floor occupant are available through the broker.
Key Highlights
- Mixed‑use building at 4 Pleasant St, Brunswick, ME 04011
- Built in 1860
- First floor occupied by Vessel & Vine, a specialty market and wine bar operating since 2018
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$65,425
Cap Rate
9.02%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,308,500
$1.3M
Cap Rate 7%
$934,643
$934.6K
Cap Rate 9%
$726,944
$726.9K
Market Conditions
NOI Build-Up for 6,256 SF
Gross rent
$112.6K $18.00/SF
− Vacancy
−$19.1K −$3.06/SF
EGI
$93.5K $14.94/SF
− OpEx
−$28.0K −$4.48/SF
NOI
$65.4K $10.46/SF
Area
Cumberland County, ME
Vacancy
17.00%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,308,500
Cap Rate 7%
$934,643
Cap Rate 9%
$726,944
Alternative Uses
Best Use
Mixed Use
$1.11M
$971.3K – $1.30M
NOI $77,700 @ 7.0% cap · market cap 10.72%
Second Best
Specialty Retail
$1.00M
$876.2K – $1.17M
NOI $70,098 @ 7.0% cap · market cap 9.67%
Theoretical Best
Office A
$1.72M
$1.50M – $2.01M
NOI $120,363 @ 7.0% cap · market cap 16.60%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,387
Businesses Nearby
Explore this area
Business Placement
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Mixed-use property - Two-level commercial property combining an occupied specialty market and wine bar with a vacant upper floor.
Where is this mixed-use property located?
The property is located at 4 Pleasant St Brunswick, ME.
What is the asking price?
The asking price for this property is $725,000.
What are key features of this property?
This property features: Mixed‑use building at 4 Pleasant St, Brunswick, ME 04011; Built in 1860; First floor occupied by Vessel & Vine, a specialty market and wine bar operating since 2018
