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174 Bath Rd Brunswick, ME 04011-2610

Retail space Google Maps
3,705 SF 0.7 ac lot Built 1977
Entity Owned Free & Clear
Estimated value (blended)
$435k
Range $392k – $479k (±10%)
Property ID US42-0295753

Property summary

AI-generated overview

Cooks Corner Shopping Center, located at 174 Bath Road in Brunswick, Maine (zip code 04011), presents a prime retail investment opportunity. This established shopping center, totaling 302,003 square feet, boasts a desirable location within Cumberland County's CC - Regional Business Commercial District zoning. Built in 1965 and extensively renovated in 2019, the property offers ample parking with 1,662 spaces to accommodate customers. Currently, there are 8,745 square feet of vacant retail space available, divisible into units ranging from a minimum of 1,924 square feet to a maximum contiguous space of 4,021 square feet. The property sits on a substantial 32.5-acre lot, ensuring ample room for expansion or future development. This multi-tenant shopping center benefits from high visibility and significant foot traffic, making it an ideal location for a variety of retail businesses. The property's recent renovation ensures modern amenities and a well-maintained environment, attracting both tenants and customers. This is a rare opportunity to acquire a well-established retail center in a thriving Maine community. The property's size and location offer significant potential for growth and return on investment. Interested parties should inquire for further details and availability.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1977
Construction FRAME
Total area 3,705 SF
Lot 0.7 ac (30,492 SF)
APN BRUN M:CC1 L:033
UPID US42-0295753

Cap rate & NOI

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

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$435k
CAP Approach CAP
$595k
Comparable Approach Comparable
$551k
Blend (final) Blend
$435k

Owner & transaction history

Zoning & alternative use

Top alternative use upside
Office building $715,000 +2.2%

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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More about this property
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