103 Pleasant St, Brunswick, ME 04011
For Sale
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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.
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
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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.