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    Two-Story Commercial Building with High Traffic Title is generated by Realmo AI

    900 Main St, Westbrook, ME 04092

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    Prominent street visibility and heavy daily foot and vehicle traffic make this downtown building ideal for retail or office.

    Type:Retail
    Property size:
    7,344 SF
    Added:
    Jun 2, 2026
    Days on Market:
    2
    Last Refresh:
    Jun 3 at 1:52 am

    Property Features for 900 Main St

    General Information

    Standard status
    Active
    Size
    7,344 SF
    Property subtype
    Retail

    Building Details

    Year Built
    1975

    Spaces For Lease

    at 900 Main St Contact us

    We can help!

    Listing Contact
    Brice O'Connor
    Brice O'Connor

    Listing agent Brice O'Connor License #BR926097

    Listing office The Boulos Company Portland

    Listing date Jun 2, 2026

    Source Boulos

    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

    • 7,344± SF two‑story commercial building built in 1975
    • Prominent street visibility with high daily vehicle and foot traffic
    • Downtown Westbrook location
    • Suitable for retail, showroom, restaurant, office, or a wide range of commercial uses
    • Sale price listed at $995,000 (lease rate: see broker)

    Overview

    This 7,344± SF two-story commercial building offers a flexible interior layout designed for multiple business types. With its downtown presence and strong street-facing exposure, the property is well suited for tenants seeking a storefront-ready environment that can support retail, showroom, restaurant, or office uses. The building’s overall configuration provides practical space for businesses that benefit from both street visibility and an organized, multi-level layout.

    Located in the heart of vibrant downtown Westbrook at 900 Main St, the property benefits from prominent street visibility and high daily vehicle and foot traffic. This kind of day-to-day exposure can support higher walk-in interest and help retail and service concepts stay connected to surrounding activity.

    As an adaptable option, this building fits a wide range of commercial operators looking for a central downtown address. Retail and showroom concepts can take advantage of the visibility, while restaurant and office tenants can leverage the two-story setup for a functional operational footprint. For buyers and tenants evaluating downtown space with strong exposure, this is a compelling opportunity to align their use with a high-traffic location.
    Location Intelligence

    Current Use by Public Records

    Hub Furniture Furniture & Home Goods Furniture & Appliance Warehousing Furniture & Home Goods

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Westbrook
    County
    Cumberland
    State
    Maine
    Longitude
    -70.3682628
    Latitude
    43.6767837

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    FAQs

    What type of property is this?
    Retail space - Prominent street visibility and heavy daily foot and vehicle traffic make this downtown building ideal for retail or office.
    Where is this retail space located?
    The property is located at 900 Main St Westbrook, ME.
    What are key features of this property?
    This property features: 7,344± SF two‑story commercial building built in 1975; Prominent street visibility with high daily vehicle and foot traffic; Downtown Westbrook location
    (603) 674-2272
    We can help!
    Listing Contact
    Brice O'Connor
    Brice O'Connor
    Real Estate License ID: BR926097
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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