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    OFF-MARKET
    Office Spaces

    1705 Us-202, Winthrop, ME 04364

    130,000 SF 18.96 ac lot Built 1971
    Property ID
    Property summary
    AI-generated overview

    This exceptional 130,000 square foot industrial/office complex in Winthrop, Maine, presents a compelling investment opportunity. Situated on a substantial 18.96-acre lot with 850 feet of frontage on heavily trafficked US Route 202, this property boasts significant visibility and accessibility. The single-story, 1971-built building underwent extensive renovations in 2020 and further upgrades exceeding $700,000 since 2022, including new LED lighting, flooring, a modern conference room, and updated HVAC systems. Currently operating as a multi-tenant property with a diverse tenant mix, it offers a solid income stream. Approximately 21,500 square feet of vacant space presents immediate potential for owner-occupancy or further lease income generation. The property features 17-foot ceilings, two loading docks, and is zoned for general commercial use. This is a rare opportunity to acquire a well-maintained, high-traffic, income-producing property with significant upside potential in a desirable Maine location. The asking price is $9,950,000, translating to $76.54 per square foot. A detailed offering memorandum is available upon request.

    Property profile
    Verified
    Property type Office Spaces
    Year built 1971
    Total area 130,000 SF
    Lot 18.96 ac (825,898 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Isalis (Bike/Boat/Book/etc) Store
    • Party City Party Supply Store (Bike/Boat/Book/etc) Store
    • Skunk Funk Big Box & Wholesale Store
    • Carl's Trading Co Hat Shop
    • Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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