Westbrook ME Real Estate & Commercial for Sale

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Beds:
n/a
Baths:
Sq.Ft.:
4,444
Status:
Active
MLS#:
1678416
Type:
Other
Lot size:
1.68 Acres
Year built:
1740
A broker reciprocity listing Courtesy: Dream Home Realty LLC 207-300-4663
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ADDITIONAL INFORMATION

HUGE DEVELOPMENT OPPORTUNITY in WESTBROOK!! Single family house lot, huge 3 Unit Multi-family building, Development lot - up to 9 units! At the center of this offering is a gorgeous, exceptionally spacious and strongly performing three-unit multifamily featuring three pristine two-bedroom, one-bath apartments. Each unit offers generous living space, while ample parking and separately metered utilities make the property as practical as it is impressive. But the opportunity extends far beyond the existing building. The subdivision of this lot also creates a buildable single-family lot, plus an additional parcel with the potential to accommodate up to nine residential units, subject to final municipal review and approval. Whether you are looking to expand your portfolio, develop additional housing or create a truly unique long-term investment, the possibilities here are extraordinary. With public water and sewer available. Opportunities with this combination of immediate income and future development potential are exceptionally hard to find.

Beds:
n/a
Baths:
Sq.Ft.:
10,481
Status:
Active
MLS#:
1664864
Type:
General Commercial
Lot size:
0.22 Acres
Year built:
1900
A broker reciprocity listing Courtesy: Vitalius Real Estate Group, LLC 207-541-3755
View additional info

ADDITIONAL INFORMATION

Rare opportunity to purchase a prominent corner of Main ST in Westbrook's highly desirable downtown district. 863 Main ST is a 10,481 SF, multi-tenanted retail property, currently subdivided into five distinct spaces. The restaurant space was just leased with a 5 year deal and co-tenants Blaze's Burgers was just voted #1 Best Burger in Maine... again! Substantial upside in the remaining vacant spaces with great future potential to develop vertically into residential units or hospitality.

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Andrea D. Conner, License DB922721, Xome Inc., License AC90602770, [email protected], 844-400-XOME (9663), 750 Highway 121 Bypass, Suite 100, Lewisville, Texas 75067


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Westbrook Real Estate

Westbrook is located in Maine. Westbrook, Maine has a population of 20,074. Westbrook is less family-centric than the surrounding county with 27.33% of the households containing married families with children. The county average for households married with children is 30.7%.

The median household income in Westbrook, Maine is $71,335. The median household income for the surrounding county is $80,679 compared to the national median of $69,021. The median age of people living in Westbrook is 37.7 years.

Westbrook Weather

The average high temperature in July is 79.7 degrees, with an average low temperature in January of 9.2 degrees. The average rainfall is approximately 49.3 inches per year, with 72.6 inches of snow per year.

Westbrook Map

Westbrook Real Estate Market Conditions

  • Median sales price

    $490,000
    16.2%
    change since last quarter
  • # Active listings

    78
    30-day change

Westbrook Schools and Demographics

Education near Westbrook, ME

City County
High School Graduates 95.69 95.67
College Degree - 2 year 9.94 8.86
College Degree - 4 year 37.98 49.81
Graduate Degree 7.61 13.65
Expenditures per Student 17,788 17,788
Students per Teacher 11.4 11.4

Elementary Schools near Westbrook, ME

Grades Students P/T Ratio ZIP
Congin School PK - 04 425 14.1 04092
Falmouth Elementary School KG - 05 925 12.8 04105
Governor Baxter School for the Deaf PK - 04 10 0.5 04105
Great Falls Elementary School KG - 05 490 14 04038
Harrison Lyseth Elementary School PK - 05 499 14.4 04103
Howard C Reiche Community School PK - 05 404 13.1 04102
Longfellow School-Portland KG - 05 340 13.7 04103
Narragansett Elementary School KG - 05 230 12.5 04038
Ocean Avenue KG - 05 421 13.8 04103
Oxford-Cumberland Canal School KG - 04 316 12.8 04092
Presumpscot School PK - 05 299 11.8 04103
Saccarappa School KG - 04 326 12 04092
Village Elementary School-Gorham KG - 05 440 13.3 04038

Middle Schools near Westbrook, ME

Grades Students P/T Ratio ZIP
Falmouth Middle School 06 - 08 525 11.3 04105
Gorham Middle School 06 - 08 641 13.4 04038
King Middle School 06 - 08 502 10.9 04102
Lincoln Middle School 06 - 08 488 11.2 04103
Lyman Moore Middle School 06 - 08 495 10.4 04103
Westbrook Middle School 05 - 08 750 13.6 04092

High Schools near Westbrook, ME

Grades Students P/T Ratio ZIP
Casco Bay High School 09 - 12 368 14.2 04103
Deering High School 09 - 12 937 14.7 04103
Falmouth High School 09 - 12 696 11.4 04105
Gorham High School 09 - 12 840 13.8 04038
Westbrook High School 09 - 12 718 12.5 04092

Ungraded Schools near Westbrook, ME

Grades Students P/T Ratio ZIP
Portland Arts & Technology H S UG - UG 0 0 04103
Westbrook Regional Technology Center UG - UG 0 0 04092

Demographics near Westbrook, ME

City County
Neighborhood Type Suburban
Population 20,074 300,776
Population Density 1,168 360
Median Age 37.7 41.9
People per Household 2.3 2.3
Median Household Income 71,335 80,679
Average Income per Capita 36,147 45,704

Real estate near Westbrook