Property profile

869 Main St Westbrook, ME 04092

OFF-MARKET
Office buildings
Property ID
US42-0183162
18,348 SF 0.21 ac lot Built 1900
Entity Owned 9-yr Hold Free & Clear
Saved · see the list in your Dashboard

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

Current use

Occupant on record · Public records
  • Home Health Care Service
  • Hair Salon Nail Salon
  • Physician
  • Physician
  • Restaurant

Location

869 Main St Westbrook, ME 04092-2867
Westbrook metro Census 2902 PORTLAND-SOUTH PORTLAND-BIDDEFORD, ME METROPOLITAN STATISTICAL AREA
Google Maps

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

since 2017
3 recorded transactions
2017
Price N/A
2013
Price N/A
2005
Price N/A

Zoning & alternative use

16 · Westbrook, ME

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 869 Main St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message