152 Maine St Brunswick, ME 04011
- Warehouses
- 2,210 SF
- 0.36 lot acres
Current Use by Public Records
- Warehouses
Property Details for 152 Maine St
- Year built
- 1969
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 0.36 lot acres
- Property size
- 2,210 SF
- Property type
- Warehouses
- APN
- BRUN M:U13 L:067
- APU
- BRUNMU13L067
Description
This exceptional investment opportunity presents a former 7-Eleven convenience store and storefront located at 152 Maine St, Brunswick, ME 04011. The property boasts a substantial 2,013 square feet of retail space situated on a generous 16,872 square foot lot. Currently, the property is under a triple net (NNN) lease, expiring April 30, 2028, with the previous tenant, 7-Eleven, still obligated to rent payments. Note that fuel equipment has been removed from the premises. This prime location in the heart of Brunswick's central business district (CBD) benefits from exceptionally high traffic counts and its proximity to the prestigious Bowdoin College. The property offers convenient access with three points of ingress and egress, making it highly accessible for customers and employees. The asking price for this lucrative investment is $1,600,000. The significant lot size presents potential for future development or expansion, making this a compelling opportunity for savvy investors seeking a strong return in a desirable Maine market. The property's strategic location and existing lease provide immediate cash flow and long-term growth potential.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $410,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $540,000
- 6.5%
- $550,000
- 7%
- $485,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $475,000
- Geo Method
- $410,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $480,000
- Retail
- $440,000
- Mixed-Use
- $540,000
- Hospitality
- $515,000
- Educational
- $505,000
- Residential Income
- $490,000
- Energy
- $575,000
- Income-Based Land
- $570,000
- Food Service
- $585,000
Location Insight
- Map
- Local Demand
- City
- Brunswick
- County
- Cumberland
- State
- Maine
- Longitude
- -69.9651
- Latitude
- 43.9143
- CBSA code
- 38860
- CBSA name
- PORTLAND-SOUTH PORTLAND-BIDDEFORD, ME METROPOLITAN STATISTICAL AREA