Property profile

162 Main St Winthrop, ME 04364

OFF-MARKET
Showrooms
Property ID
US42-0267901
2,128 SF 0.18 ac lot Built 2003
Entity Owned Absentee Owner Free & Clear
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional 2,128 square foot office building, situated on a 0.18-acre lot at 162 Main Street in the heart of Winthrop, ME, presents a unique investment opportunity. The property boasts three bedrooms and two and a half bathrooms, making it ideal for a variety of uses, from a professional office to a mixed-use space. Recent upgrades significantly enhance its value and efficiency. A new sewer line and water supply have been installed, ensuring reliable infrastructure. New flooring throughout adds to the property's modern appeal. The building's energy efficiency is a key selling point, featuring propane heating, resulting in lower operating costs. The spacious rooms offer ample flexibility for layout and design to suit individual business needs. Its central downtown location provides excellent visibility and accessibility, making it an attractive proposition for businesses seeking a prominent presence in Winthrop. The combination of modern amenities, efficient design, and prime location makes this property a compelling investment opportunity in a thriving Maine community. This is a rare chance to acquire a well-maintained, updated building ready for immediate occupancy. The asking price of $350,000 reflects the property's exceptional value and potential.

Property profile

Verified
Property type Showrooms
Use group SHOW ROOM, WAREHOUSE
Year built 2003
Construction FRAME
Total area 2,128 SF
Lot 0.18 ac (7,841 SF)
Zoning code V
APN WINP M:031 L:098
UPID US42-0267901

Cap rate & NOI

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

Location

162 Main St Winthrop, ME 04364-1433
Winthrop metro Census 14001 AUGUSTA-WATERVILLE, ME MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$310k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$310k

Owner & transaction history

Zoning & alternative use

V · Winthrop, ME
Zoning description

the Local Plumbing Inspector Abbreviations: RP - Resource Protection GR - General Residential S - Shoreland LC - Limited Commercial SP - Stream Protection GC - General Commercial PW - Public Water Supply I - Industrial V…

General category COMMERCIAL

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 162 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