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    870 Main St Westbrook, ME 04092-2820
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    Property profile & analytics

    870 Main St, Westbrook, ME 04092-2820

    View on Map
    • Retail properties & Spaces
    • 8,751 SF
    • 0.60 lot acres
    Off-Market
    Last Sale Jan 4, 2024
    $1,903,000
    Property ID
    US42-0216734
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    $1,905,000
    Show details
    Cap Rate Potential
    4.8%
    Retail properties & Spaces
    Location Intelligence

    Current Use by Public Records

    • CVS Photo / (Bike/Boat/Book/etc) Store
    • LibertyX Bitcoin ATM / Atm
    • CVS Pharmacy / Pharmacy
    • MoneyGram / Bank / Credit Union
    • UPS Access Point location / Courier Service / Postal Service

    Property Details for 870 Main St

    Year built
    1997
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.60 lot acres
    Zone code
    16
    Property type
    Retail properties & Spaces
    APN
    WSBR M:032 L:007-E
    APU
    WSBRM032L007E

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Jan 4, 2024 $1,903,000 Agree Central LLC Winner Prop Westbrook LLC Warranty Deed —

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $1,905,000
      ML approach
      $1,905,000

    • CAP approach

      CAP Return
      Estimation
      6%
      $1,525,000
      6.5%
      $1,410,000
      7%
      $1,305,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $2,509,000
      Market price range: $1.03M - $2.51M
      AI Estimate
      $1,184,000
      Market price range: $495k - $1.18M

    • Alternative Use

      Use
      Estimation
      RETAIL STORES
      $1,660,000
      Current use
      COMMERCIAL (GENERAL)
      $1,975,000
      Change: +19% Conversion: Easy
      OFFICE BUILDING
      $1,695,000
      Change: +2% Conversion: Easy

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Westbrook
    County
    Cumberland
    State
    Maine
    Longitude
    -70.3672
    Latitude
    43.6765
    CBSA code
    38860
    CBSA name
    PORTLAND-SOUTH PORTLAND-BIDDEFORD, ME METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $24,962
    $431,400
    $1,065,100
    $1,496,500
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $1,790,000
      11,180 SF

      465 Main St

      DEPARTMENT STORE
      465 Main St, Westbrook, ME 04092-4328
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    • Value Estimation
      $2,720,000
      26,448 SF

      506 Main St

      DEPARTMENT STORE
      506 Main St, Westbrook, ME 04092-4387
      View Details
    • Value Estimation by Request
      101,250 SF

      110 Larrabee Rd

      Flex space
      110 Larrabee Rd, Westbrook, ME 04092
      View Details
    • Value Estimation
      $735,000
      8,364 SF

      424 Main St

      DEPARTMENT STORE
      424 Main St, Westbrook, ME 04092-4384
      View Details
    • Value Estimation by Request
      2,392 SF

      110 New Gorham Rd

      DEPARTMENT STORE
      110 New Gorham Rd, Westbrook, ME 04092-2211
      View Details
    • Value Estimation by Request
      2,400 SF

      11 Vallee Sq

      DEPARTMENT STORE
      11 Vallee Sq, Westbrook, ME 04092-2261
      View Details

    Similar Nearby for Sale

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      $850,000
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      Renovated Retail Building in Westbrook

      Turnkey 3,244 sq ft retail building in Westbrook, Maine.
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      View Details
    • New
      $1,680,000
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      Multi-Tenant Retail Corner Property

      Multi-tenanted retail building on a downtown corner, with one restaurant space under a 5-year lease.
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      View Details
    • New
      $625,000
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      Two-Unit Residential Income Property

      Well-maintained two-unit building with two leased 2-bedroom layouts and a large garage/workshop plus bonus room above.
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    • $249,000

      Visible Development Lot on US Route

      Development lot ideal for small business or investor/developer.
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    • New
      $475,000
      1,512 SF

      Duplex with Separate Entrances

      Two self-contained units with private entrances, heat pumps, and a detached garage near Westbrook’s downtown amenities.
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    • New
      $549,000
      1,548 SF

      Three-Unit Residential Income Property

      Well-maintained three-unit building with on-site laundry and off-street parking.
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    Property Visit Statistics

    • Visits by month
      990
    • Visitors by month
      4.1k
    • Avg Time on site
      17 min
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    870 Main St
    Westbrook, ME 04092-2820
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