Mixed-Use Property with Drive-Through
92 ME-236 Highway, Berwick, ME 03901
For Sale
$750,000
Commercial Sale, Berwick, ME
Property Size2,753 SF
Lot Size1.10 Acres
Price / SF$272.43
Days on Market52
Property Features for 92 ME-236 Highway
General Information
Property type
Property subtype
Zoning
Rooms
Basement
Lot features
Standard status
Size
Lot size
Utilities
Sewer type
Heating system
Water source
Amenities
drive-through
overhead doors
front and rear yards
Building Details
Year built
Number of units
Flooring type
Building materials
Roof type
Listing Agency:
Keller Williams Coastal and Lakes & Mountains Realty · Keller Williams Realty
(603) 610-8500
Listed By:
George O'Connell
(603) 978-8381
Added: Sep 17
Changed: Oct 27
Last Checked: Nov 7 at 11:06AM
MLS# 1680970
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.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This mixed-use property combines a 2,753-square-foot commercial building with an attached two-bedroom home on Route 236 in Berwick. The commercial portion includes 14-foot by 14-foot overhead doors on opposite sides, allowing vehicles and equipment to pass through the building. Masonry and wood-frame construction, aluminum and vinyl siding, concrete and carpet flooring, and multiple heating systems are part of the existing improvements.
The property occupies a 1.1-acre lot within the RC/I zoning district. Public water serves the site, and the residential component includes maintained front and rear yards that provide separation from the commercial area. The connected home can support on-site occupancy, rental use, or staff housing, while the commercial building accommodates business and industrial activities, including automotive-related operations.
The property occupies a 1.1-acre lot within the RC/I zoning district. Public water serves the site, and the residential component includes maintained front and rear yards that provide separation from the commercial area. The connected home can support on-site occupancy, rental use, or staff housing, while the commercial building accommodates business and industrial activities, including automotive-related operations.
Key Highlights
- 2,753‑square‑foot mixed‑use property with attached two‑bedroom home
- 14‑foot by 14‑foot overhead doors on both sides of the commercial building
- 1.1‑acre lot along Route 236 in Berwick
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$42,546
Cap Rate
5.67%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$850,920
$850.9K
Cap Rate 7%
$607,800
$607.8K
Cap Rate 9%
$472,733
$472.7K
Market Conditions
NOI Build-Up for 2,753 SF
Gross rent
$81.6K $29.64/SF
− Vacancy
−$4.2K −$1.54/SF
EGI
$77.4K $28.10/SF
− OpEx
−$34.8K −$12.64/SF
NOI
$42.5K $15.45/SF
Area
York County, ME
Vacancy
5.20%
Lease Rate
$29.64 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$850,920
Cap Rate 7%
$607,800
Cap Rate 9%
$472,733
Alternative Uses
Best Use
Apartment 5plus
$607.8K
$531.8K – $709.1K
NOI $42,546 @ 7.0% cap · market cap 5.67%
Second Best
Flex RnD
$551.3K
$482.4K – $643.2K
NOI $38,593 @ 7.0% cap · market cap 5.15%
Theoretical Best
Office A
$872.7K
$763.6K – $1.02M
NOI $61,088 @ 7.0% cap · market cap 8.15%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
8
Businesses Nearby
Explore this area
Business Placement
Demographics for 03901, ME
7,937
Population
3,617
Households
2.2
Avg Household Size
40
Median Age
35%
College-Educated
96%
High-School Grad
37.5 sq mi
ZIP Area
212
Density / Sq Mi
$77,790
Median Household Income
$53,333
Median Earnings
$1,237
Median Rent
$331,300
Median Home Value
Market
Average Price Trend$/SF for Mixed-use properties in York County, ME
Properties on Market for Mixed-use properties in York County
Vacancy Rate% for Industrial in Northeast region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Combined commercial and residential improvements support business operations, on-site living, rental income, or staff housing.
Where is this mixed-use property located?
The property is located at 92 ME-236 Highway Berwick, ME.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: 2,753‑square‑foot mixed‑use property with attached two‑bedroom home; 14‑foot by 14‑foot overhead doors on both sides of the commercial building; 1.1‑acre lot along Route 236 in Berwick
