103 Pleasant StBrunswick, ME 04011

Property Details for 103 Pleasant St

Year built

1984

Lot size

0.87 AC

Property size (Sq ft)

7,621 SF

Property type

Other commercial real estate

APN

BRUN M:U23 L:008

APU

BRUNMU23L008

Description

This exceptional investment opportunity presents a substantial retail property situated on a high-traffic section of Route 1 in Brunswick, Maine. The property boasts over 430 feet of road frontage, ensuring excellent visibility and accessibility for businesses. The main building, a two-story structure, encompasses over 9,000 square feet of retail space, currently fully occupied with three thriving first-floor retail units. The second floor provides valuable office space, offering additional income potential or expansion opportunities for existing tenants. A separate, detached building houses the well-established Brunswick Diner, adding another revenue stream to this already impressive portfolio. Significant recent improvements have been made to both buildings, including the installation of newer heating systems, a new roof, and a comprehensive fire/sprinkler system, ensuring both safety and efficiency. The property sits on a sizable 0.87-acre lot, providing ample space for parking and potential future development. This turnkey investment offers a rare chance to acquire a well-maintained, high-performing retail center in a desirable location with strong existing tenancy and significant upside potential. The asking price is $1,050,000.

• Alternative Use

  Use

  Valuation

  Residential

  $1,442,191

  Hospitality

  $1,321,040

  Educational

  $1,099,089

  Medical

  $1,136,889

  Retail

  $1,709,694

Location Insight

City

Brunswick

County

Cumberland

State

Maine

Latitude

43.9125

Longitude

-69.9786

CBSA code

38860

CBSA name

PORTLAND-SOUTH PORTLAND-BIDDEFORD, ME METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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