42 Maine St Brunswick, ME 04011
- Turn key restaurants
- 1,220 SF
- 0.04 lot acres
Current Use by Public Records
- Turn key restaurants
Property Details for 42 Maine St
- Year built
- 1900
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 0.04 lot acres
- Property size
- 1,220 SF
- Property type
- Turn key restaurants
- APN
- BRUN M:U14 L:117
- APU
- BRUNMU14L117
Description
This exceptional 1,220 square foot retail space at 42 Maine Street in Brunswick, Maine presents a unique investment opportunity. Situated in the heart of downtown Brunswick, this property enjoys unparalleled visibility and high foot traffic, ideal for a restaurant or cafГ©. The building boasts a spacious main floor, perfectly suited for customer seating and service. Additional features include ample dry and cold storage areas, ensuring efficient operation. A dedicated office and break room provide convenient spaces for staff. The property sits on a 0.04-acre lot and is offered at $650,000. The convenient location offers easy access to ample nearby parking, benefiting both customers and employees. This turnkey property is ready for immediate occupancy and poised to support a thriving business within a vibrant and bustling community. Its established location and high visibility make it an exceptional opportunity for a discerning investor seeking a strong return on investment in a desirable Maine location. Don't miss this chance to secure a prime commercial space in the heart of Brunswick's thriving downtown area.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $500,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $610,000
- 6.5%
- $530,000
- 7%
- $545,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $545,000
- Geo Method
- $605,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $555,000
- Retail
- $650,000
- Mixed-Use
- $540,000
- Hospitality
- $650,000
- Educational
- $585,000
- Residential Income
- $500,000
- Energy
- $505,000
- Income-Based Land
- $650,000
- Food Service
- $570,000
Location Insight
- Map
- Local Demand
- City
- Brunswick
- County
- Cumberland
- State
- Maine
- Longitude
- -69.9669
- Latitude
- 43.9179
- CBSA code
- 38860
- CBSA name
- PORTLAND-SOUTH PORTLAND-BIDDEFORD, ME METROPOLITAN STATISTICAL AREA