201 Main Street

Office for Sale
Sale Pending
Catylist Listing ID: 30245247
Property Subtypes: Office Building
Status: Pending
Building Size (RSF): 13,439 SF
Gross Building Area: See Agent
Gross Land Area: 0.88 SF
Sale Price: $1,295,000
Unit Price: $96.36 PSF
Property Use Type: Investment
Building Name: 201 Main Street
Class of Space: Class B
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 4/22/2018

Overview / Comments

CBRE|The Boulos Company has been exclusively retained for the disposition of 201 Main Street in Westbrook, ME. This two-story 13,439+/-SF brick office building is located less than one mile from Interstate 95 along busy Route 25 and adjacent to Westbrook City Hall. The immediate area is characterized by residential, office, industrial, and retail developments including Westbrook Crossing (Shaw’s, Kohl’s) and the to be built The Ridge, a proposed 500,000SF retail development. 201 Main Street consists of 12 office suites of various sizes all with an abundance of natural light and signage opportunities on the large building pylon sign. Adequate on-site parking, handicap accessibility, great visibility, and easy access are just a few of the amenities this asset has to offer.

Additional Details

Nearest MSA: Portland-South Portland
County: Cumberland
Tax ID/APN: 05240_042A000*002*
Zoning: 17
Property Visibility: Excellent
Highway Access: 201 Main Street is located less than one mile from Interstate 95, Exit 48.
Airports: A short 10 minute drive from Portland International Jetport
Total Number of Buildings: 1
Number of Stories: 2
Year Built: 1974
Roof Type: Gable
Construction/Siding: Brick
Exterior Description: Two-story brick building located on Main Street. Location has excellent exposure and signage opportunity.
Parking Type: Surface
Parking Description: 50± On-site Parking Spaces
Total Parking Spaces: 50
Passenger Elevators: 1
Heat Type: Other
Heat Source: Other
Interior Description: Office suites ranging from 500± - 2,000± SF.
Zoning Description: 17 - Commercial

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 5,806 52,087 121,327
Median Age: 39.59 38.09 38.73
Households: 2,440 22,254 53,563


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