Property profile

11 Brown St Portland, ME 04101

FOR SALE
Exempt
Property ID
US42-0246608
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11 Brown St, Portland, ME 04101 For Sale
$725,000
11 Brown St, Portland, ME 04101
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Property summary

AI-generated overview

The property is a 5,352-square-foot retail condominium configured for food and beverage use, including approximately 3,088 square feet of restaurant/bar space with a full commercial kitchen. The kitchen is equipped with an exhaust hood and includes a grease trap, stoves, sinks, and additional supporting equipment. The main level also provides a large private outdoor patio. In addition, the property includes a 2,264-square-foot lower level support area and storage zone containing an office, walk-in freezers, fire safety equipment, and multiple storage rooms.

Property profile

Verified
Property type Exempt
APN PTLD M:037 B:I007000
UPID US42-0246608

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Restaurant
  • Restaurant

Location

11 Brown St Portland, ME 04101
Portland metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history

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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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