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Updated: March 4, 2024

A roundup of commercial sales for the month of February

single-story brick bilding with lettering and windows Courtesy / Porta & Co. A 14,400-square-foot mixed-use building on a 0.75-acre parcel at 51-67 Hanover St. in Portland sold to Reveler by HAL LLC and 63 Hanover LLC for $4.3 million. Joe Porta and Vince Ciampi of Porta & Co brokered the transaction.

Here’s a roundup of commercial sales in Maine first published in the Tuesday Real Estate Insider during February. (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 Feb. 6

175 Water St., Hallowell: Office building sold to Dunder Mifflin Paper Co. LLC by Yslates LLC for $1.049 million. Andre Rossingol of Maine Realty Advisors brokered the deal, which closed Dec. 15, 2023.

137 Allen Ave., Portland: Three-unit multifamily in North Deering on 0.8 acres sold to undisclosed buyer by 137 Allen Ave LLC for $830,000. Brit Vitalius and Chris Sullivan of Vitalius Real Estate Group (representing sellers) and Nathan Rossignol of Gardner Real Estate Group (represented buyers) brokered the transaction, which closed Jan. 3. 

56 Mellen St., Portland: Downtown brick four-unit sold to Atelier 3 LLC by MJH Properties LLC for $625,000. Brit Vitalius and Chris Sullivan of Vitalius Real Estate Group (representing sellers) and Chris Lavoie of Keller Williams Realty (representing buyers) brokered the transaction, which closed Jan. 26.

47 Central Ave., Lewiston: Multifamily building sold to Mitchelle Mendonca by Christopher Girouard for $505,000. Brit Vitalius and Chris Sullivan of Vitalius Real Estate Group (representing sellers)  and Ben Spencer Maine Realty Advisors (representing buyers) brokered the deal, which closed Jan. 11.

53 Main St., Biddeford: Retail building sold to ASM Properties LLC by Que Huong LLC for $425,000. Josh Soley of Maine Realty Advisors and Tatiana Morrell of Landing Real Estate brokered the deal, which closed Jan. 23.

119 Congress St., Rumford: 13,515-square-foot mixed-use building sold to 119 Congress Street LLC by KeyBank National Association for $290,000. Jon Rizzo and Sasha Phillips of the Boulos Co. (representing seller) brokered the deal, which closed Nov. 20.

186 Main St., Auburn: 0.16-acre parcel of land sold to JCS 18 LLC by the City of Auburn for $25,000. Chris Paszyc of the Boulos Co. brokered the deal, which closed Dec. 8.

From the Real Estate Insider of Feb. 13

51-67 Hanover St., Portland: 0.75-acre parcel improved by a 14,400-square-foot mixed-use building sold to Reveler by HAL LLC and 63 Hanover LLC for $4.3 million. Joe Porta and Vince Ciampi of Porta & Co. (representing buyer and seller) brokered the transaction, which closed Feb. 1.

653-655 Riverside St., Portland: 2.59 acres of land improved by a 19,260-square-foot building and a paved parking lot sold to Reveler by 655 Riverside LLC for $2.7 million.  Vince Ciampi, and Kimberly Veilleux of Porta & Co. (representing seller) and Joe Porta of Porta & Co. (representing buyer) brokered the deal, which closed Feb. 1.

895 Portland Road, Saco: 6,770-square-foot medical office building sold to NKS Group LLC  by Corbeil LLC for $1.05 million. Kirk Butterfield of KW Commercial/Magnusson Balfour brokered the deal, which closed Feb. 7.

15 Iron Road, Hermon: 20,000-square-foot office building with cell tower and 3 warehouse/garage facilities sold to Iron Property Holdings LLC  by Larry Springer for $950,000. Robert Baldacci and David Jones of F.O. Bailey Real Estate brokered the deal, which closed Jan. 31, 2023.

From the Real Estate Insider of Feb. 20

10 Cony Road, Augusta: Warehouse/office building sold to Evergreen Storage LLC by Delta Ambulance for $850,000. Don Plourde and Jamie Plourde of Coldwell Banker Plourde Real Estate brokered the deal, which closed Jan. 31.

395 State St., Ellsworth: Office building sold to Far End Enterprises LLC by Hancock County Planning Commission for $150,000. Stephen Sprague of ERA Dawson Bradford/ Dawson Commercial Brokers and Travis Coffin of Realty of Maine brokered the deal, which closed Feb. 6.

From the Real Estate Insider of Feb. 27

127 Main St. and 19 Gately St., South Portland: 7,120-square-foot office building sold to Richard Packard by Alpha One for $1.15 million. Katie Breggia and Tom Moulton from the Dunham Group (representing buyer) and Joe Malone and Luke Malone from Malone Commercial Brokers (representing seller) brokered the sale, which closed Feb. 14.

84F Warren Ave., Westbrook: 10,000-square-foot industrial building sold to Benjamin Construction by Hope 1 LLC for $900,000. Katie Breggia and Tom Moulton from the Dunham Group brokered the sale, which closed Feb. 14.

549 Congress St., Unit 1A, Portland: 1,397-square-foot retail condo sold to Dice and Drafts LLC by R & J 545 Partners LLC for $650,000. Cheri Bonawitz and Karen Rich of Malone Commercial Brokers brokered the transaction, which closed Feb. 16.

52 North Ave., Sanford: 2,407-square-foot multifamily building sold to Talal Alzifiri by Robert Mahoney for $365,000. Cheri Bonawitz and Karen Rich of Malone Commercial Brokers (representing buyer) and Ryan Park of Freedom Realty (representing seller) brokered the transaction, which closed Feb. 9.

3 Fundy Road, Falmouth: 1,200-square-foot office condo sold Minhasfleming Real Estate LLC by 3 Fundy Counseling LLC for $224,000. Alex Pirleci, Zach Resnikoff and Kirk Butterfield of KW Commercial/Magnusson Balfour and Loren Ayer of Harborview Properties brokered the deal, which closed Feb. 21.

744 Roosevelt Trail, No. 302, Windham: 992-square-foot office condo sold to G. William Diamond and Raymond R. Roux Revocable Trust by 302 WCA LLC for $130,000. Mike Anderson of Malone Commercial Brokers (representing seller) and Larry Eliason of Butts Commercial Brokers (representing tbuyer) brokered the transaction, which closed Feb. 14.

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