A roundup of commercial sales for December 2023
Courtesy / The Fletcher Group at Keller Williams Realty
A 28,864-square-foot, 21-unit multi-family property, completely renovated in 2021, at 96 Route 133 in Winthrop sold for $800,000. Kevin Fletcher of the Fletcher Group at Keller Williams Realty represented seller and Tim Millet of Porta & Co.represented the buyer.
Here’s a roundup of commercial sales in Maine first published in the Tuesday Real Estate Insider during December. (The Thursday Real Estate Insider compiles real estate leases.)
The information is provided by brokerages and thus does not include privately managed transactions.
From the Real Estate Insider of Dec. 5
3001 Town Line Road, Carrabassett Valley: 1,200-square-foot restaurant sold to LeBlanc Partners LLC and Hug's Italian Restaurant LLC by Hug's Italian Cuisine LLC and Beth Strout for $788,000. John Doyon of Malone Commercial Brokers brokered the transaction, which closed Nov. 10.
16 Sand Hill Drive, Nobleboro: 14,260-square-foot industrial building sold to Sherman's DC LLC by Coastal Woodworking Inc. for $750,000. Chris Paszyc and Roy Donnelly of the Boulos Co. brokered the transaction, which closed Sept. 29.
184 West Broadway, Lincoln: 2,000-square-foot retail building sold to 184 West Broadway LLC by Timothy K. Cloukey Living Trust for $450,000. Chris Gallagher and Joe Italiaander (representing buyer) of the Boulos Co. brokered the deal, which closed Oct. 10.
From the Real Estate Insider of Dec. 12
16 Rockport Park Center, Rockport: 2,250-square-foot warehouse building sold to Rock City Employee Cooperative by 86 Chestnut Street LLC for $500,000. Jessica Estes and Roy Donnelly of the Boulos Co. (representing buyer) and Brian Wickenden of Legacy Properties Sotheby’s International Realty (representing seller) brokered the deal, which closed Nov. 8.
22 Pleasant St., Mechanic Falls: 3,761-square-foot office building sold to 33 Pleasant LLC by the town of Mechanic Falls for $300,000. Noah Stebbins of the Boulos Co. (representing seller) and Elaine Pratte of Meservier & Associates (representing seller) brokered the deal, which closed Nov. 13.
From the Real Estate Insider of Dec. 19
392, 400 and 420 Warren Ave, Portland; 80 Kittyhawk Drive, Auburn; and 37 Godsoe Road, Bangor: 151,470-square-foot, 5-building industrial portfolio sold to Capital Properties LLC by K&R Realty Associates LLC for $14.55 million. Brandon Mitchell of Malone Commercial Brokers (representing seller) and TC Haffenreffer and Sylas Hatch of the Dunham Group (representing buyer) brokered the transaction, which closed Nov. 9.
49 and 75 Northport Drive, Portland: 87,515-square-foot mixed-use property sold to Northport Investments LLC by L.L. Bean for $5.325 million. Tom Moulton, Katie Breggia, Sylas Hatch and TC Haffenreffer from the Dunham Group brokered the sale, which closed Nov. 30.
27 Northport Drive, Portland: Freestanding office building sold to Cumberland County by Martin’s Point Health Care Inc. for $4.58 million. Nate Stevens of the Boulos Co. (representing seller) and Drew Sigfridson of the Boulos Co. (representing buyer) brokered the deal.
129-139 Fox St., Portland: VIP Tour & Charter Bus Co. business sold to Conway Scenic Railroad by RA-MA Equipment Inc. for $2.5 million. Karen Rich and Cheri Bonawitz of Malone Commercial Brokers brokered the transaction, which closed Nov. 20.
12 Lyman St. Berwick: 12,960-square-foot apartment complex consisting of 12 units sold to 12 Lyman Street Realty LLC by Lyman Landing LLC for $1.75 million. Noah Stebbins of the Boulos Co. (representing buyer) and Brad Carlson of Northeast Private Client Group (representing seller) brokered the deal.
418-424 Western Ave., Augusta: Two multi-use buildings sold to Shuman Family LLC by Lagace Properties LLC for $1.275 million. Matthew Pouliot and Emily Theriault of Pouliot Real Estate brokered the deal, which closed Nov. 30.
873 Brighton Ave., Portland: 1,334-square-foot commercial building sold to Jose Maria Tavares and Maria Madalena Piedoso by An Extremely Important Co. LLC for $450,000. Kirk Butterfield and Craig Church of KW Commercial/Magnusson Balfour brokered the deal, which closed Dec. 5.
15 Streaked Mountain Road, Buckfield: 2,367-square-foot commercial property sold to Frechette's LLC by Gregory Forget for $180,000. Kevin Fletcher and Tyler Stewart of the Fletcher Group at Keller Williams Realty (representing seller and buyer) brokered the deal, which closed Dec. 11.
527 Ocean House Road, Cape Elizabeth: 3,624-square-foot restaurant sold to Prentice Hospitality Group by undisclosed seller for undisclosed price. Greg Boulos, Jon Rizzo and Sasha Phillips of the Boulos Co. arranged the transaction.
From the Real Estate Insider of Dec. 26
290 Bridgton Road, Westbrook: 12,300-square-foot commercial building sold to MDG Holdings LLC by John F Chase Living Trust for $1.4 million. John Doyon of Malone Commercial Brokers (representing seller) and Joe Italiaander of the Boulos Co. (representing buyer) brokered the deal, which closed Dec. 15.
317-319 Valley St., Portland: 3,450-square-foot multifamily sold to Stephen Kheang by Nazir Properties LLC for $930,000. Cheri Bonawitz and Karen Rich of Malone Commercial Brokers (representing buyer) and Adnan Ahmed of Real Broker (representing seller) brokered the transaction, which closed Dec. 15.
542 Washington Ave., Portland: 4-unit building sold to undisclosed buyer by Litchfield Brothers Property LLC for $820,000. Brit Vitalius and Chris Sullivan of Vitalius Real Estate group (representing seller) and Abigail O'Brien of the Flaherty Group (representing buyer) brokered the deal, which closed Nov. 16
96 Route 133, Winthrop: 28,864-square-foot multi-family property sold to Parkman LLC by Kenobi, LLC for $800,000. Kevin Fletcher of the Fletcher Group at Keller Williams Realty (representing seller) and Tim Millet of Porta & Co. (representing buyer) brokered the deal, which closed Dec. 14.
141-147 Riverside Drive, Augusta: Two multi-use buildings sold to Bread of Life Ministries LLC by 147 Riverside Drive LLC for $520,000. Matthew Pouliot and Emily Theriault of Pouliot Real Estate and Bruce Holmes of Century 21 Venture LTD brokered the deal, which closed Dec. 6.
548 Washington Ave., Portland: 2-unit building sold to undisclosed buyer by Litchfield Brothers Property LLC for $460,000 Brit Vitalius and Chris Sullivan of Vitalius Real Estate group (representing seller) and Jed Rathband and Ira Rathband of Keller Williams Realty (representing buyer) brokered the deal, which closed Aug. 18.
137 Longwoods Road, Cumberland: 2,000-square-foot retail building sold to Yedi Properties LLC by Country Road LLC for $400,000. Sylas Hatch and TC Haffenreffer from the Dunham Group and Emilie Cole from Legacy Properties brokered the sale, which closed Dec. 15.
45 Portland Road, Gray: 720-square-foot retail/office building sold to Loon Island LLC by Bell Management LLC for $350,000. Zach Resnikoff of KW Commercial/Magnusson Balfour and Jacob Boyle of F.O. Bailey Real Estate brokered the deal, which closed Dec. 14.
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