1 Chabot St Westbrook, ME 04092-4759
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.
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Fresenius Kidney Care Casco Bay Medical Clinic
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Choice One Communications Telecommunications Service
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
17 · Westbrook, MEWestbrook. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.