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587 Spring St 8,876 SF 100% Leased Office Building Westbrook, ME 04092 $699,000 ($78.75/SF)



EXECUTIVE SUMMARY
Rare opportunity to acquire property in the Manufacturing Zoning District of Westbrook, ME. Business is relocating. 2.28 acres with plenty of parking and possible expansion. Main level is currently serving as office space, The lower level is a training room, lab, utilities and storage. All new LED lights throughout.
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PROPERTY FACTS Under Contract
Sale Type
Investment or Owner User
Property Type
Office
Building Size
8,876 SF
Building Class
C
Year Built
1973
Price
$699,000
Price Per SF
$78.75
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
4,438 SF
Building FAR
0.09
Lot Size
2.28 AC
Zoning
22
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PROPERTY TAXES
| Parcel Number | WSBR-000005B-000000-000019 | Improvements Assessment | $380,000 |
| Land Assessment | $191,900 | Total Assessment | $571,900 |
PROPERTY TAXES
Parcel Number
WSBR-000005B-000000-000019
Land Assessment
$191,900
Improvements Assessment
$380,000
Total Assessment
$571,900
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587 Spring St
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