394 Main St Westbrook, ME 04092-4326

Property Details for 394 Main St

Year built

1945

Construction

FRAME

Lot size

0.04 lot acres

Property size

960 SF

Zone code

16

Property type

Office buildings

APN

WSBR M:040 L:115

APU

WSBRM040L115

Description

This exceptional 960-square-foot office building, located at 394 Main Street in Westbrook, Maine, presents a compelling investment opportunity. Priced at $325,000, this Class B property boasts a versatile layout suitable for executive, medical, or traditional office uses. Currently vacant, it offers immediate occupancy for a new business or expansion. The building underwent a comprehensive renovation in 2022, including a new roof, siding, flooring, paint, windows, and bathroom fixtures. Situated in Westbrook's City Center, this prime location benefits from high foot traffic and visibility on a busy street, just one mile from Rock Row and within walking distance of other businesses. The property's zoning permits a variety of uses, including retail, office space, restaurants, or mixed-use development. Westbrook's robust growth makes this a particularly attractive investment in the commercial real estate market. The building's recent updates and desirable location combine to create a strong value proposition for discerning investors. The asking price of $325,000 translates to $338.54 per square foot. This is a rare opportunity to acquire a fully renovated, well-located commercial property in a thriving Maine community.

Location Insight

City

Westbrook

County

Cumberland

State

Maine

Longitude

-70.3468

Latitude

43.6811

CBSA code

38860

CBSA name

PORTLAND-SOUTH PORTLAND-BIDDEFORD, ME METROPOLITAN STATISTICAL AREA

Property Tax & Assessments