Property profile

117 Main St Winthrop, ME 04364

FOR SALE
Retail properties & Spaces
Property ID
US42-0160516
10,114 SF 0.17 ac lot Built 1952
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Contact for pricing 10,114 SF
117 Main St, Winthrop, ME 04364
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Property summary

AI-generated overview

This exceptional Winthrop commercial property at 117 Main Street offers a unique coworking opportunity. The building, constructed in 1952, boasts a total of 10,114 square feet across two stories, situated on a 0.17-acre lot. Currently, there are 2,200 square feet of vacant space available, divisible to accommodate various business needs. Flexible leasing options cater to businesses seeking spaces ranging from 800 to 5,000 square feet, with a potential total of up to 8,500 square feet available. The building is zoned commercial and features a convenient three-stop elevator servicing the basement and both floors. Ample free parking is available in the large paved area behind the building, supplemented by municipal parking lots across the street. This property presents a fantastic opportunity for businesses seeking a vibrant Main Street location with flexible space options and convenient parking. The property's APN is WINP-000031-000000-000212. The building consists of one structure and is classified as both office and retail space with multiple tenancies.

Property profile

Verified
Property type Retail properties & Spaces
Year built 1952
Total area 10,114 SF
Lot 0.17 ac (7,405 SF)
UPID US42-0160516

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
  • Coworking & Hybrid Office

Location

117 Main St Winthrop, ME 04364
Winthrop metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

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