Downtown Westbrook Office / Retail Building For Sale

Office for Sale
Also listed as Retail-Commercial
Catylist Listing ID: 30663644
Property Subtypes: Office Building
Building Size (RSF): 6,690 SF
Gross Building Area: See Agent
Gross Land Area: 0.17 Acres
Sale Price: $995,000
Unit Price: $148.73 PSF
Property Use Type: Investment, Vacant/Owner-User
Class of Space: Class B
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 5/10/2021

Overview / Comments

Beautiful office & retail building ideally located on Main Street in Westbrook. Whether you prefer to lease or own, this is the perfect opportunity for office users to join the revitalization of downtown Westbrook.
2,242 - 4,630± SF of office space available on two floors.
High ceilings and an abundance of natural light.
Existing income with two quality, retail tenants.
The property includes an active drive-thru being utilized by one of the retail tenants.
Ample parking in adjacent municipal lot.
Lease Rate (Office): $8.00/SF NNN
Sale Price: $995,000

Additional Details

Nearest MSA: Portland-South Portland
County: Cumberland
Tax ID/APN: 033*000*124*
Property Visibility: Good
Highway Access: I-295 & I-95
Airports: PWM
Site Description: Downtown Westbrook.
Total Number of Buildings: 1
Number of Stories: 3
Year Built: 1930
Parking Type: Surface
Parking Description: Ample parking in adjacent municipal lot.
Passenger Elevators: 1
Heat Type: Natural Gas
Zoning Description: City-Center District
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 7,271 28,473 98,681
Median Age: 35.72 38.29 38.69
Households: 3,161 11,869 41,989


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