Ideally Located Office Building in Brunswick, ME For Sale or Lease

Office for Sale
Catylist Listing ID: 30631025
Property Subtypes: Executive Suites, Governmental, High-Tech, Institutional, Medical, Mixed Use, Flex Space, Net Leased, Office Building, Research & Development
Building Size (RSF): 18,248 SF
Gross Building Area: See Agent
Gross Land Area: 4.65 Acres
Sale Price: $5,200,000
Unit Price: $284.96 PSF
Property Use Type: Net Leased Investment (NNN)
Class of Space: Class A
Sale Terms: Cash to Seller
Cap Rate: 8.7%
Last Updated: 11/25/2020

Overview / Comments

Premier building currently occupied by Martin's Point Health Care until April 30, 2022. Ideally located in Brunswick, Maine near several medical and elder care facilities, Bowdoin College and many amenities afforded by Brunswick, Maine. The busiest interchange at Cook's Corner. This building modern construction and layout allow for several professional office uses such as medical, technology, government, religious, corporate headquarters, technical college, nursing home, assisted living and conversion to senior housing. The site has plenty of room for expansion on 4.65 acres. Ideal for investors or business owners to locate in the heart of Brunswick and Midcoast Maine. Lease is triple net where tenant pays all expenses including management fees.

Additional Details

Nearest MSA: Portland-South Portland
County: Cumberland
Tax ID/APN: 000000000
Zoning: GM8
Property Visibility: Excellent
Highway Access: 7 Minutes from the Brunswick exit for Highway 295.
Airports: 10 minutes from the Brunswick Executive Airport and 30 min from Portland Jetport
Total Number of Buildings: 1
Number of Stories: 1
Year Built: 1994
Construction/Siding: Brick
Parking Type: Surface
Parking Description: 118 paved and striped parking spots- both in front for clients and in back for employees.
Total Parking Spaces: 118
Sprinklers: Wet
Heat Type: Natural Gas
Heat Source: Central
Zoning Description: The Growth Mixed-Use 8 (GM8) District is intended to accomodate major hospitals, large scale medical uses, professional offices and associated uses, compatible with neighboring residential uses. Supplemental design and performance standards are provided so as to protect and enhance established abutting residential neigborhoods.
Lot Frontage: 330
Lot Depth: 618
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 6,316 18,830 27,916
Median Age: 47.3 41.57 42.83
Households: 2,701 7,871 11,727


Photograph of Listing Agent

Joseph Donald Spann

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