Property profile

99 State St Brewer, ME 04412

FOR SALE
Office buildings
Property ID
US42-0880887
3,785 SF 6.1 ac lot Built 1900
Entity Owned 3-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

The property at 99 State Street, Brewer, Maine is a multifamily building containing two residential units plus an additional finished bonus area. The first-floor plan includes a commercial space with multiple private offices, while the residential living spaces are located on the upper level(s), creating a combined residential-and-office configuration within the same structure. The building’s layout incorporates the office space into the first-floor plan adjacent to the residential portions above, allowing the property to function as both a residence and an office/commercial-use space.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1900
Construction FRAME
Total area 3,785 SF
Lot 6.1 ac (265,716 SF)
Zoning code CB
APN BRER M:30 L:156
UPID US42-0880887

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
  • Physician

Location

99 State St Brewer, ME 04412
Brewer metro Census 4200 BANGOR, ME METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$320k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$310k

Owner & transaction history

since 2022
Last sale
$305,000
2 recorded transactions
2022
$305,000
2010
Price N/A

Zoning & alternative use

CB · Brewer, ME
Zoning description

shall not apply to the Convenience business (CB) or Industrial District (IND). C. Cleared openings legally in existence as of December, 1991, may be maintained, but not enlarged, except as permitted. D. Timber harvesting…

General category CIVIC_INSTITUTIONAL

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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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