Maine's commercial sales for the month of August 2024
Photo / Courtesy Malone Commercial Brokers
A 2,952-square-foot retail building at 1001 Portland Road in Saco sold to University Credit Union for $1.4 million. Mike Anderson, Karen Rich and John Doyon of Malone Commercial Brokers brokered the transaction.
Here’s a roundup of commercial sales in Maine first published in the Tuesday Real Estate Insider during August. (The Thursday Real Estate Insider compiles real estate leases.)
The information is provided by brokerages and thus does not include privately managed transactions.
We are also working to get more of a geographic representation, so if you have a transaction that's not listed, feel free to send it our way.
From the Real Estate Insider of Aug. 6
215 Gloucester Hill Road, New Gloucester: Opportunity Farm sold to Randall Whitney and Jamie MacKinnon by the Morrison Center for $1.75 million. Greg Perry of Broad Cove Collective and Kristin Piconne of Landing Real Estate brokered the transaction.
1001 Portland Road, Saco: 2,952-square-foot retail building sold to University Credit Union by ParkNorth Development LLC for $1.4 million. Mike Anderson and Karen Rich of Malone Commercial Brokers (representing seller) and John Doyon of Malone Commercial Brokers (representing buyer) brokered the transaction, which closed July 12.
770 Roosevelt Trail, Windham: 9-acre lot sold to Windham Village Apartments LLC by B33 Windham II LLC for $1.025 million. Mark Malone of Malone Commercial Brokers brokered the transaction, which closed June 27,.
Gorham Industrial Park West, Lot 2, Gorham: 4.5-acre lot sold to EC Properties LLC by the Town of Gorham for $450,000. Mike Anderson of Malone Commercial Brokers brokered the transaction, which closed July 22.
From the Real Estate Insider of Aug. 13
320 Cumberland Ave., Portland: 53,655-square-foot office/retail building sold to Maine Public Broadcasting Corp. by East End Corp. for $20 million. Joe Malone and Luke Malone of Malone Commercial Brokers (representing buyer) and Joe Porta of Porta & Co. (representing seller) brokered the transaction, which closed Aug. 1.
179 Main St., South Paris: 47,308-square-foot retail plaza sold to Cornwall Partners LLC by M.H. Parsons & Sons Lumber Co. for $1.25 million. Joseph Italiaander and Chris Gallagher of the Boulos Co. (representing buyer) and Sandy Ellsworth and Kergan Thomann of RE/MAX Jaret & Cohn (representing seller) brokered the deal, which closed April 20.
214 Park Ave., Portland: Parkside three-unit offering investment opportunity sold to undisclosed buyer by M&M Properties LLC for $725,000. Brit Vitalius and Chris Sullivan of Vitalius Real Estate Group (representing sellers) and Brittany Barr of Landing Real Estate (represented buyers) brokered the transaction, which closed Aug. 2.
142 Oxford St., Lewiston: 5,487-square-foot, 8-unit multifamily sold to DOMA Properties LLC by Dawson Holdings LLC for $670,000. Noah Stebbins of the Boulos Co. (representing seller) and Roy Donnelly of the Boulos Co. (representing buyer) brokered the deal, which closed April 21.
815 Stevens Ave., Portland: Mixed-use multi-family one block from UNE's Portland campus sold to undisclosed buyer by undisclosed seller for $615,000. Brit Vitalius and Chris Sullivan of Vitalius Real Estate Group (representing sellers) and Christopher St. Pierre of EXP Realty (representing buyers) brokered the transaction, which closed Aug. 2.
From the Real Estate Insider of Aug. 20
20 Carey Circle, Hampden: Newly constructed industrial building sold to 20 Carey Circle LLC by Lead Mountain Properties LLC for $3.495 million. Kurtis Marsh of Realty of Maine and John Bonadio of Maine Commercial Realty brokered the deal, which closed July 25.
287 Main St., Lewiston: 49,192-square-foot office building sold to Lewiston School Committee by Central Maine Medical Center for $1 million. Tom Moulton and Katie Breggia from the Dunham Group and Brian Dubois from Dubois Realty Group brokered the sale, which closed Aug. 6.
38 School St., Bangor: 11,000-square-foot retail building sold to ACME LLC by Hancock Heights Holdings LLC for $850,000. TC Haffenreffer and Sylas Hatch from the Dunham Group and Josh Soley from Core brokered the sale, which closed Aug. 1.
56 Cutts St., Biddeford: 4,551-square-foot multi-family building sold to DRD Properties LLC by Ryan Berube for $775,000. Sylas Hatch and TC Haffenreffer from the Dunham Group and Heidi Nottonson from Keller Williams brokered the sale, which closed Aug. 9.
328 Twombley Road, Sanford: 11,761-square-foot industrial building sold to John Hall by Great Works River LLC for $250,000. Greg Hastings from the Dunham Group and Sean Regan from Applevale Realty brokered the sale, which closed Aug. 7.
25 Technology Dr., Gardiner: 4.8 acres of land sold to Connected Office Technologies by City of Gardiner for $49,900. Dennis Wheelock of KW Commercial/Magnusson Balfour and Marc Fishman and Chris Collins of Fishman Realty/Keller Williams Realty brokered the deal, which closed Aug. 12.
116 Main St., Presque Isle: Presque Isle Inn and Convention Center sold to LMA Presque Isle LLC of Maine by SMC Holdings LLC for an undisclosed price. Roger Daigle of Daigle Commercial Group brokered the transaction, which closed Aug. 12.
From the Real Estate Insider of Aug. 27
14 Thomas Point Road, Brunswick: 1.89 acres improved by a 21,385-square-foot medical office building sold to East End Corp. by Brunswick Landing Development Group LLC for $6.9 million. Joseph Porta and Tim Millett of Porta & Co. brokered the transaction, which closed Aug. 9.
184 Main St., Unit 4, Lewiston: 16,625 square feet of office space plus a 2,500-square-foot mezzanine sold to Androscoggin County by Aegean Development LLC for $1.765 million. Tim Millett of Porta & Co. and Chad Sylvester Androvise Realty brokered the transaction, which closed Aug. 9.
31 Park St., Freeport: 4,242-square-foot, 5-unit multi-family building sold to 31 Park St. Freeport LLC by RA Edwards Properties LLC for $835,000. Sam LeGeyt and Jim Harnden from the Dunham Group and Sam Marinko and Greg Boulos from the Boulos Co. brokered the sale, which closed Aug. 16.
184 Main St., Unit 1, Lewiston: 13,553 square feet of office space sold to Fhloston Paradise LLC by Aegean Development LLC for $685,000. Tim Millett of Porta & Co. and Josh Soley of Core Firms brokered the transaction, which closed Aug. 1.
306 Bridgton Road, Westbrook: 2,524-square-foot office sold to Brittney Berube and Dakota Gagne by James and Jane Murphy for $625,000. Mike Anderson of Malone Commercial Brokers (representing seller) and Kiana Kane of Plowman Realty Group (representing buyer) brokered the transaction, which closed Aug. 6.
910 Minot Ave., Auburn: 1,984-square-foot retail building sold to Mac’s Holdings LLC by the R. Gifford Family Limited Partnership for $500,000. Noah Stebbins of the Boulos Co. (representing seller) and Craig Church of KW Commercial (representing buyer) brokered the deal, which closed June 20.
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