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Two-Story Downtown Commercial Building
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900 Main St, Westbrook, ME 04092

Two-story commercial building offering prominent street visibility in downtown Westbrook.

Property Size7,344 SF
Price / SF$135.48
Days on Market95

Property Features for 900 Main St

General Information

Standard status Active
Size 7,344 SF
Property subtype RETAIL

Building Details

Stories 2
Listing Agency: The Boulos Company
Listed By: Brice O'Connor · License #BR926097
Source: Moodyscre
Added: Jul 26 Changed: Oct 25 Last Checked: Oct 26 at 7:30PM

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

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This two-story commercial building totals 7,344± SF and is positioned for a variety of street-facing business needs. The property offers prominent street visibility and is currently available due to an on-site business relocating.

According to the listing remarks, the location is in the heart of downtown Westbrook with high daily vehicle and foot traffic.

The building is described as a flexible option for retail, showroom, restaurant, office, or other commercial uses, depending on tenant requirements and approvals.

Key Highlights

  • 7,344± SF two‑story commercial building in downtown Westbrook
  • Prominent street visibility with high daily vehicle and foot traffic
  • Suitable for retail, showroom, restaurant, office, or other commercial uses

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$76,804
Cap Rate
7.72%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,536,080 $1.5M
Cap Rate 7%
$1,097,200 $1.1M
Cap Rate 9%
$853,378 $853.4K
Market Conditions
NOI Build-Up for 7,344 SF
Gross rent
$132.2K $18.00/SF
− Vacancy
−$22.5K −$3.06/SF
EGI
$109.7K $14.94/SF
− OpEx
−$32.9K −$4.48/SF
NOI
$76.8K $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%
$1,536,080
Cap Rate 7%
$1,097,200
Cap Rate 9%
$853,378

Alternative Uses

Best Use
Retail
$1.10M
$960.1K – $1.28M (±1% cap)
NOI $76,804 @ 7.0% cap · market cap 7.72%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.02M
$1.77M – $2.35M (±1% cap)
NOI $141,295 @ 7.0% cap · market cap 14.20%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

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

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm Auto Parts Store Big Box & Wholesale Store (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

595
Businesses Nearby
43k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 70% Dining 30%
Cumberland Farms Shops & Services
14,340 visits/mo 0.5 miles
Dunkin' Donuts Dining
13,015 visits/mo 0.4 miles
Bank of America Shops & Services
4,716 visits/mo 0.2 miles
Family Dollar Shops & Services
4,102 visits/mo 0.1 miles
TD Bank Shops & Services
3,896 visits/mo 0.2 miles

Demographics for 04092, ME

20,400
Population
9,404
Households
2.2
Avg Household Size
40
Median Age
40%
College-Educated
96%
High-School Grad
17.2 sq mi
ZIP Area
1,186
Density / Sq Mi
$85,868
Median Household Income
$49,922
Median Earnings
$1,373
Median Rent
$341,800
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

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025

Frequently Asked Questions

What type of property is this?
Retail space - Two-story commercial building offering prominent street visibility in downtown Westbrook.
Where is this retail space located?
The property is located at 900 Main St Westbrook, ME.
What is the asking price?
The asking price for this property is $995,000.
What are key features of this property?
This property features: 7,344± SF two‑story commercial building in downtown Westbrook; Prominent street visibility with high daily vehicle and foot traffic; Suitable for retail, showroom, restaurant, office, or other commercial uses
(603) 674-2272 Call to check price and availability
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