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Property profile & analytics
OFF-MARKET Estimated value $565,000
Retail properties & Spaces

513 Portland St Berwick, ME 03901-2891

4,258 SF 0.84 ac lot Built 1987
Entity Owned 6-yr Hold Free & Clear
Property ID
US42-0417363
Property summary
AI-generated overview

This exceptional York County commercial property offers 1,400 square feet of versatile space, ideal for a variety of businesses. Currently configured as a traditional office, it's also perfectly suited for coworking or creative office setups. The multiple tenancy option provides flexibility for expanding businesses or shared occupancy. High ceilings and abundant natural light create a bright and inviting atmosphere. A separate entry ensures privacy and convenience for clients and staff, while a dedicated bathroom adds to the professional feel. Ample parking is available for both employees and customers. The property is available immediately, allowing for a quick and seamless move-in. Furthermore, renovation options are available, enabling customization to perfectly match your business needs and aesthetic preferences. This is a rare opportunity to secure a well-located, adaptable space in a desirable York County location. The property's retail zoning adds further versatility, opening up possibilities for businesses with a retail component. The generous square footage provides ample room for growth and expansion, making it an excellent choice for businesses of all sizes. Don't miss this chance to establish your business in a prime location with a functional and attractive space.

Property profile
Verified
Property type Retail properties & Spaces
Use group DEPARTMENT STORE
Year built 1987
Construction FRAME
Total area 4,258 SF
Lot 0.84 ac (36,590 SF)
Zoning code RC/I
APN BERW M:R072 B:5
UPID US42-0417363
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
  • Tricann (Bike/Boat/Book/etc) Store
  • Jo Jo's Pizza Cafe Restaurant
  • Meraki Salon LLC Hair Salon
  • Meraki Salon Hair Salon Nail Salon
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$565k
Owner & transaction history
TRICANN ALTERNATIVES LLC
TRICANN ALTERNATIVES LLC
Zoning & alternative use
RC/I · Berwick, ME
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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