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    Westbrook, ME
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    Westbrook, ME Shopping Centers for Sale

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    Gorham, ME Portland, ME South Portland, ME Scarborough, ME Windham, ME Falmouth, ME New Portland, ME Buxton, ME
    Corner Multi-Tenant Retail Building
    Updated: May 30
    Corner Multi-Tenant Retail Building

    863 Main Street, Westbrook, ME 04092

    $1,680,000
    10,481 sqft
    10,481 SF multi‑tenanted retail property at 863 Main St, built in 1900
    Located on a corner lot in Westbrook’s downtown district
    Currently subdivided into five distinct spaces
    Restaurant space was just leased on a 5‑year deal
    Blaze's Burgers is a co‑tenant (voted #1 Best Burger in Maine... again)
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    This listing looks promising.

    Here's a quick look at some key insights for

    863 Main Street, Westbrook, ME 04092

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    • Est. Cap Rate

      7%
      Above avg (5.9%)

    • Est. NOI

      $117K
      Annual

    • Price @ 7% Cap

      $1.68M
      Suggested
    View Property Analytics
    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Westbrook, ME, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Scarborough Gateway Shoppes Pad Sites
    Scarborough Gateway Shoppes Pad Sites

    260 Payne Rd, Scarborough, ME

    Contact for pricing
    33,812 sqft 42.50 AC lot

    Pad sites available for sale or ground lease near Cabela’s.

    View details
    Multi-Tenant Retail Center
    Multi-Tenant Retail Center

    120 Center St, Auburn, ME 04210

    Contact for pricing
    57,842 sqft

    Multi-tenant retail center with ample on-site parking and a stated daily traffic count in Auburn’s retail corridor.

    View details
    Enclosed Mall with Redevelopment Potential
    Enclosed Mall with Redevelopment Potential

    550 Center Street, Auburn, ME 04210

    Contact for pricing
    344,369 sqft 30.00 AC lot

    Enclosed mall in central Maine with redevelopment and outparcel opportunity.

    View details
    Fully Leased Retail Plaza
    Fully Leased Retail Plaza

    442 US-1, Scarborough, ME 04074

    Contact for pricing
    26,464 sqft

    26,464 SF retail plaza on US Route One.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Buxton Land for Commercial Development
    Buxton Land for Commercial Development

    Innovation Way lot: 6, Buxton, ME 04093

    $399,000
    3.28 AC lot

    3.28-acre commercial land in Buxton's growing business park.

    View details
    Buxton Land in Business Hub
    Buxton Land in Business Hub

    Innovation Way lot: 7, Buxton, ME 04093

    $269,000
    1.90 AC lot

    1.9 acre corner lot in growing Buxton business park.

    View details
    Buxton Commercial Land For Sale
    Buxton Commercial Land For Sale

    Commerce Drive lot: 2, Buxton, ME 04093

    $789,000
    13.80 AC lot

    13.8 acre commercial lot suitable for various business uses.

    View details
    Buxton Corner Lot in Business Park
    Buxton Corner Lot in Business Park

    Innovation Way lot: 5, Buxton, ME 04093

    $269,000
    1.85 AC lot

    1.85 acre corner lot in Buxton's growing business park.

    View details

    Westbrook, ME Shopping Centers Market Trends and Statistics

    Explore 1 shopping centers for sale in Westbrook, ME on our real estate platform. These investment opportunities span a total of 10,481 square feet of properties for sale, with an estimated market value of $1,680,000.

    Sale prices for plazas in Westbrook, ME average $1,680,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Storefront properties 5
    Auto shops 3
    Automotive properties 3
    Showrooms 3
    Grocery and convenience stores 2

    Demographics Overview

    Population 20K
    Population Growth (5Y) +11.2%
    Median Household Income $85,868
    College Educated 26.0%

    High-Yield Neighborhoods for Investment

    Identify Westbrook submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    04092 $1.7M

    Taxes & Financing

    Tax Rate (average for all types) 1.66%
    Property Tax per SF $27.97 per SF
    Tax Rate vs County Average 0.14 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Cumberland County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Cumberland County

    Retail

    Residential Income

    Property Size Breakdown

    The majority of commercial real estate listings in Westbrook fall within the 5,000 to 10,000 square foot range.

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