Property profile

74 Route 133 Winthrop, ME 04364

FOR SALE
Showrooms
Property ID
US42-0475949
3,470 SF 0.26 ac lot Built 1973
Individually Owned Absentee Owner Free & Clear
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Property summary

AI-generated overview

This multi-purpose flex building was historically used for auto repair and sales. The first floor is configured with four shop areas and an office with a bathroom; two of the shop areas include radiant heat in the floor that requires an additional heat source to operate fully. The first floor has tall 14-foot ceilings and is set up to accommodate a range of workspace layouts. A wide staircase provides access to two large areas on the upper level; the top floor is unfinished and offers the possibility of approximately 2,400 additional square feet of usable space. Three-phase electrical service is available at the street, and the property includes a large parking area to the rear. The building is located in downtown Winthrop on busy Route 133 along a major connector road, providing suitability for a mix of work and customer-facing uses, including office, storage, light manufacturing, or retail depending on configuration.

Property profile

Verified
Property type Showrooms
Use group SHOW ROOM, WAREHOUSE
Year built 1973
Construction STEEL FRAME
Total area 3,470 SF
Lot 0.26 ac (11,326 SF)
Zoning code V
APN WINP M:026 L:007
UPID US42-0475949

Cap rate & NOI

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

Location

74 Route 133 Winthrop, ME 04364
Winthrop metro Census 14001 AUGUSTA-WATERVILLE, ME MICROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$280k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$280k

Owner & transaction history

Zoning & alternative use

V · Winthrop, ME
Zoning description

the Local Plumbing Inspector Abbreviations: RP - Resource Protection GR - General Residential S - Shoreland LC - Limited Commercial SP - Stream Protection GC - General Commercial PW - Public Water Supply I - Industrial V…

General category COMMERCIAL

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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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