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    Property profile & analytics
    OFF-MARKET Estimated value $2,300,000
    Office buildings

    869 Main St, Westbrook, ME 04092-2867

    18,348 SF 0.21 ac lot Built 1900
    Entity Owned 9-yr Hold Free & Clear
    Property ID
    US42-0183162
    Property summary
    AI-generated overview

    This exceptional 1,258 square foot office space is ideally situated on the second floor of 869 Main Street, in the vibrant heart of downtown Westbrook, Maine. The property is classified as a traditional office space within a single-tenant occupancy building. Located in Cumberland County, this Class A office offers an attractive blend of functionality and affordability. The space boasts ample on-site parking, a significant advantage for both employees and clients. The building's prime location provides excellent signage opportunities, ensuring high visibility and brand recognition for your business. The address is 869 Main Street, Westbrook, ME 04092. This property presents a rare opportunity to secure high-quality office space in a desirable downtown location at competitive lease rates. The building's convenient location within Westbrook offers easy access to local amenities and major transportation routes. This is a single-tenant space, providing privacy and control over your workspace. The property is ready for immediate occupancy. Contact us today to schedule a viewing and explore the possibilities this exceptional office space offers.

    Property profile
    Verified
    Property type Office buildings
    Use group OFFICE BUILDING
    Year built 1900
    Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Total area 18,348 SF
    Lot 0.21 ac (9,148 SF)
    Zoning code 16
    APN WSBR M:032 L:117
    UPID US42-0183162
    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
    • MAS Home Care Home Health Care Service
    • Elements Beauty Loft Hair Salon Nail Salon
    • Lindsay Darlow Physician
    • Ashley Foley Physician
    • Portland Pie Company Restaurant
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $2.88M
    Blend (final) Blend
    $2.30M
    Owner & transaction history
    New Communities INC · 9 yrs held
    New Communities INC
    since 2017
    3 recorded transactions
    2017
    2013
    2005
    Zoning & alternative use
    16 · Westbrook, ME
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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