867 Western Ave Manchester, ME 04351-3532
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 12,000 square feet of office space, including 23 individual offices and multiple conference rooms. Ample parking is available for tenants and visitors. Significant warehouse space complements the office area, adding to the property's versatility. Its convenient location, less than three miles from the interstate, ensures high visibility and accessibility. The property is zoned for Manchester Village and offers a high traffic count, making it an ideal location for a variety of businesses. This fully leased investment property provides immediate cash flow and significant potential for future growth within a thriving Maine community.
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Golden Nozzle Car Wash Car Wash
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Fabian Oil Fuel Supplier
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
MANCHE · Manchester, MEManchester. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.