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Property profile & analytics
OFF-MARKET
Retail properties & Spaces
379 Main St, Brewer, ME 04412-2350
Entity Owned
9-yr Hold
~
Est. High Equity
Property ID
US42-0906032
Property profile
Verified
Property type
Retail properties & Spaces
Use group
DEPARTMENT STORE
Year built
1900
Construction
FRAME
Total area
2,763 SF
Lot
0.39 ac (16,988 SF)
Zoning code
CB
APN
BRER M:26 L:31
UPID
US42-0906032
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Jeremy Shirland - Guitar Lessons - Brewer and Bangor area - Main Street Music Studios Training Center Tutoring Service
-
Main Street Music Studios Tutoring Service
-
Recording Connection Audio Institute Vocational School Training Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Main St Music Studios LLC · 9 yrs held
Main St Music Studios LLC
since 2016
6 recorded transactions
Zoning & alternative use
CB · Brewer, ME
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Brewer submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Brewer submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$4,657
Tax year 2023
Assessed value
$231,668
Assessed 2023
Effective rate
2.01%
On assessed value
Assessed land
$45,868
Assessed improvement
$185,800
Applied tax rate
6,925.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Retail properties & Spaces
Use group
DEPARTMENT STORE
Status
Off-Market
Year built
1900
Construction
FRAME
Heating
HOT WATER
Buildings
1
Stories
2
Units
2
Bathrooms
2
Total area
2,763 SF
Lot
0.39 ac (16,988 SF)
Zoning code
CB
APN
BRER M:26 L:31
UPID
US42-0906032
Jurisdiction
BREWER
Zoning & alternative use
CB · Brewer, ME
Zoning CB · permitted uses
CB · Brewer, ME
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Brewer. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1900
Construction
FRAME
Heating
HOT WATER
Stories
2
Buildings
1
Units
2
Bathrooms
2
Lot
0.39 ac
Current owner
From public records · entity-resolved
Main St Music Studios LLC
Entity
Mailing address
379 S MAIN ST, BREWER, ME 04412-2350
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 5, 2016
—
Main St Music Studios LLC
Ronald W Way
Warranty Deed
$100,000 · Eastern Me Dev Corp
Jun 1, 2010
—
Ronald W Way
—
Deed Of Trust
related
$224,950 · Wells Fargo Mortgage
Jul 7, 2009
—
Stephen R Stepp
—
Deed Of Trust
related
$39,950 · Seaboard FCU
Feb 5, 2009
—
Stephen R Stepp
—
Deed Of Trust
related
$167,500 · Taylor Bean & Whitaker Mtg
Nov 19, 2007
—
Stephen R Stepp
—
Deed Of Trust
related
$18,000 · Seaboard FCU
Jun 27, 2005
—
Stephen R Stepp
—
Deed Of Trust
related
$155,000 · Machias Savings Bank
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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