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Financial
Distress signals
Property profile

49 Portland St South Berwick, ME 03908

FOR SALE
Office buildings
Property ID
US42-0171227
1,924 SF 0.23 ac lot Built 1900
Last sale Feb 2010
Entity Owned Owner of record is a legal entity (LLC / corporation). 16-yr Hold Held for 16 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

Located in downtown South Berwick, this classic Victorian building is configured for mixed use with commercial office space and a separate residential unit. The total building area is 3,120 square feet. The commercial portion includes two office suites, each with its own exterior entrance: Office 1 contains three private offices and a reception area, and Office 2 contains two individual offices and a reception area. The second-floor residential unit is an apartment with two bedrooms. The…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$8k
Tax billed · 2023
Assessed value$599k
Assessed land$137k
Assessed improvement$462k
Effective rate1.40%

Value estimate

· Oct 2026
$505k
$455k – $556k
CAP approach$515k
Submarket $/SF estimate$497k
NOI build-up
Gross scheduled income$78k
Vacancy & credit loss−$10k
Operating expenses−$17k
NOI · 9.05% cap applied$51k

Realmo valuation models over county records and 4 qualifying comparable sales.

Recently sold

What actually traded nearby?
$194/SF
County average, outlier-cleaned · 59 recorded sales of this use type
Observed band · Q1–Q3$117 – $259
Qualifying comparables4

Cap rate analysis

How does the asset earn?
9.05%
$51k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
B1 BUS
JurisdictionSOUTH BERWICK

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency10.2
Building Supply9.0
Plumbing Service8.9

Location

49 Portland St South Berwick, ME 03908
County assessor Recorded deeds · 1 transfer 4 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

2 recorded sales · 6 properties nearby
Recent sales nearby
2 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
25 Goodwin, South Berwick, ME 03908-1105 $465,000 Jul 2023 2,321 SF
291 Main, South Berwick, ME 03908-1505 $1,100,000 Apr 2023 9,156 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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