Financial
Distress signals
Property profile

867 Western Ave Manchester, ME 04351

OFF-MARKET
Commercial real estate
Property ID
US42-0900627
6.54 ac lot
Last sale Oct 2021 · $1,625,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This exceptional mixed-use property, located at 867 Western Avenue in Manchester, Maine, presents a compelling investment opportunity. The property encompasses 19,360 square feet across two buildings, each two stories high, situated on a substantial 6.54-acre lot. Built in 1987 and renovated in 2004, the complex boasts a desirable traditional office layout, currently housing two tenants. The asking price is $1,995,000, translating to $103.05 per square foot. The property features over

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$19k
Tax billed · 2023
Assessed value$1.13M
Assessed land$239k
Assessed improvement$891k
Effective rate1.66%

Value estimate

· Sep 2026
$350k
$315k – $385k
AI approach$350k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$99/SF
County average, outlier-cleaned · 54 recorded sales of this use type
Observed band · Q1–Q3$49 – $149

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
MANCHE
JurisdictionMANCHESTER

Location intelligence

Which uses thrive at this corner?
Best fit: Building Supply
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Building Supply9.9
Parking Facility9.5
Dental Office9.3

Location

867 Western Ave Manchester, ME 04351-3532
County assessor Recorded deeds · 3 transfers Qualifying comp sales · not on file 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

5 recorded sales · 6 properties nearby
Recent sales nearby
5 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
22 Range, Manchester, ME 04351-3543 $950,000 Feb 2025 No data
1066 Prescott, Manchester, ME 04351 $75,000 Jun 2024 No data
675 Western, Manchester, ME 04351-3548 $550,000 Sep 2023 1,980 SF
20 Pelton Hl, Manchester, ME 04351-3337 $319,000 May 2023 1,562 SF
972 Western, Manchester, ME 04351-3406 $350,000 Oct 2022 No data
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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