Property profile

1043 Main St Brewer, ME 04412

OFF-MARKET
Warehouses
Property ID
US42-0184410
22 ac lot
Individually Owned Free & Clear
Saved · see the list in your Dashboard

Property summary

AI-generated overview

Investor opportunity! This unique Brewer, ME property encompasses 11 units (3-unit residential building, 8-unit motel) situated on a 54-acre lot (seller believes 63 acres, verification in progress). The main building features 2,795 sq ft of ground-floor space ideal for owner occupancy or rental, including two offices, a kitchen, living room, 1.5 baths, and a large bedroom. Upstairs are two renovated 3-bedroom apartments, each with a full kitchen and laundry. The 2,660 sq ft motel offers eight rooms, ranging in size from single occupancy to three-bedroom units, all furnished. Conversion to additional apartments presents a strong potential for increased profitability. Both buildings have basements. A detached two-car garage and an older cottage are also included. The expansive lot offers significant development potential, is subdividable, and boasts access from Route 9 and Day Road, with city water, sewer, and power available from both streets. The property is conveniently located just three miles from Bangor. Total square footage is 5,455 sq ft, with 15 parking spaces. The property was built in 1900 and 1953, and is zoned LDR. Asking price is $1,880,000.

Property profile

Verified
Property type Warehouses
Use group BULK STORAGE, TANKS
Lot 22 ac (958,320 SF)
Zoning code LDR
APN BRER M:18 L:38
UPID US42-0184410

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1043 Main St Brewer, ME 04412-1242
Brewer metro Census 4300 BANGOR, ME METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$295k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$295k

Owner & transaction history

Zoning & alternative use

LDR · Brewer, ME
Zoning description

LDR Low Density Residential MDR-1 Medium Density Residential-1 MDR-2 Medium Density Residential-2 HDR High Density Residential HDR-2 High Density Residential-2 CB Convenience Business DD Downtown Development GB General B…

General category CIVIC_INSTITUTIONAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1043 Main St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message