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Property profile & analytics
OFF-MARKET Estimated value $2,945,000
Commercial real estate

1 Chabot St Westbrook, ME 04092-4759

31,416 SF 3 ac lot Built 1987
Entity Owned 1-yr Hold ~ Est. High Equity
Property ID
US42-0516983
Property summary
AI-generated overview

This exceptional two-story office building, located at 1 Chabot Street in Westbrook, Maine, presents a unique investment opportunity. Boasting 31,200 square feet of total space, with 15,600 square feet currently available for lease or sale, this property offers significant potential. Built in 1987 and extensively renovated in 2015 ($2,100,000 invested), the building features a desirable executive and medical office layout, suitable for a variety of uses. The property sits on a 2.99-acre lot in a convenient location, just off Delta Drive, near the intersection of Larrabee Road and within easy reach of Exit 48 of the Maine Turnpike/I-95 and the Rock Row Development. This prime location offers excellent accessibility and visibility, placing it minutes from downtown Portland. The building includes ample free on-site parking, high 10' ceilings, and yes, elevators. The property is zoned Gateway Commercial, encouraging office and medical uses. The building's robust electrical system features three 200-amp panels. This is a rare opportunity to acquire a well-maintained, strategically located office building in a thriving Maine market. The substantial vacant space presents an ideal opportunity for expansion or to accommodate a new tenant. Contact us today to learn more about this exceptional property.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1987
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 31,416 SF
Lot 3 ac (130,680 SF)
Zoning code 17
APN WSBR M:047 L:203
UPID US42-0516983
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
  • Fresenius Kidney Care Casco Bay Medical Clinic
  • Choice One Communications Telecommunications Service
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$2.81M
Blend (final) Blend
$2.95M
Owner & transaction history
Mch Best Properties LLC · 1 yrs held
Mch Best Properties LLC
since 2025
Last sale
$2.5M
4 recorded transactions
2025
$2.5M
2014
Price N/A
2009
Price N/A
2007
Price N/A
Zoning & alternative use
17 · Westbrook, ME
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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