Windham Commercial Building on Route
989 Roosevelt Trail, Windham, ME 04062
Commercial building in prime location with high visibility and traffic.
Type:Industrial, Office, Retail
Property size:
2,772 SFLot size:
0.79 AcresPrice / SF:
$270/SF- Added:
- Mar 12, 2026
- Days on Market:
- 118
- Last Refresh:
- Jul 2 at 5:38 am
Property Features for 989 Roosevelt Trail
General Information
- Standard status
- Active
- Size
- 2,772 SF
- Lot size
- 0.79 Acres
- Property subtype
- Industrial, Office, Retail
Listing office Butts Commercial Brokers
Listing date Mar 12, 2026
Source Crexi
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 Butts Commercial Brokers
HighLights
- Prime North Windham location on Rt. 302 with high traffic count and superb visibility.
- 2,772 +\/- Sq. Ft. of first‑floor space suitable for retail, showroom, office, workshop, and warehouse use.
- Located in C1N Commercial District, ideal for retail businesses and contractors.
- 0.79 +\/- Acre Lot with 300’ +\/- of Road Frontage on Rt. 302.
- Natural Gas Fired Heating System.
- Public water
Overview
Located at 989 Roosevelt Trail in Windham, Maine, this commercial building offers approximately 2,772 square feet of first-floor space. The layout includes a retail showroom or office area, a workshop room, and warehouse space. Situated on a 0.79-acre lot, the property features approximately 300 feet of road frontage on Route 302. It is zoned C1N Commercial District. The building is equipped with a natural gas-fired heating system and a 200 AMP electrical service. It utilizes a private septic system and public water. The property is well-appointed and located in a prime North Windham location on Route 302, making it suitable for a retail business with service, parts, and accessories, as well as for contractors in all trades. The property benefits from high traffic volume and excellent visibility from both directions on Route 302, located just north of the Quarry Business Park at Enterprise Drive. The 2025/2026 taxes are $3,299.62.
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $60.5k | $21.84 |
| − Vacancy | −$7.6k | −$2.75 |
| EGI | $52.9k | $19.09 |
| − OpEx | −$13.2k | −$4.77 |
| NOI | $39.7k | $14.32 |
2,772 SF · lease $21.84/SF/yr · vacancy 12.60% · expense 25.00%
Alternative Uses
Best Use
Office B
$566.9K
$496.1K – $661.4K
NOI $39,684 @ 7.0% cap · market cap 5.29%
Second Best
Mixed Use
$491.8K
$430.4K – $573.8K
NOI $34,428 @ 7.0% cap · market cap 4.59%
Theoretical Best
Office A
$761.9K
$666.7K – $888.9K
NOI $53,332 @ 7.0% cap · market cap 7.11%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Bergeron Protective Clothing ...
Factory
Location Insight
- Map
- Local Demand
- City
- Windham
- County
- Cumberland
- State
- Maine
- Longitude
- -70.4570839
- Latitude
- 43.8591057
Nearby Similar for Sale
FAQs
What type of property is this?
Mixed-use property - Commercial building in prime location with high visibility and traffic.
Where is this mixed-use property located?
The property is located at 989 Roosevelt Trail Windham, 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: Prime North Windham location on Rt. 302 with high traffic count and superb visibility.; **2,772 +\/- Sq. Ft. of first‑floor space suitable for retail, showroom, office, workshop, and warehouse use.**; Located in C1N Commercial District, ideal for retail businesses and contractors.
