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865 Spring St 70,857 SF 95% Leased Industrial Building Westbrook, ME 04092 $7,793,211 CAD ($109.99 CAD/SF) 7.64% Cap Rate



Executive Summary
Property Facts
| Price | $7,793,211 CAD | Lot Size | 4.71 AC |
| Price Per SF | $109.99 CAD | Rentable Building Area | 70,857 SF |
| Sale Type | Investment | No. Stories | 2 |
| Cap Rate | 7.64% | Year Built | 1978 |
| Property Type | Industrial | Parking Ratio | 1.44/1,000 SF |
| Property Subtype | Showroom | No. Drive In / Grade-Level Doors | 5 |
| Building Class | C | ||
| Zoning | I - Industrail | ||
| Price | $7,793,211 CAD |
| Price Per SF | $109.99 CAD |
| Sale Type | Investment |
| Cap Rate | 7.64% |
| Property Type | Industrial |
| Property Subtype | Showroom |
| Building Class | C |
| Lot Size | 4.71 AC |
| Rentable Building Area | 70,857 SF |
| No. Stories | 2 |
| Year Built | 1978 |
| Parking Ratio | 1.44/1,000 SF |
| No. Drive In / Grade-Level Doors | 5 |
| Zoning | I - Industrail |
Amenities
- Air Conditioning
Space Availability
- Space
- Size
- Space Use
- Condition
- Available
The first floor office space at 865 Spring Street in Westbrook is perfectly suited for the user seeking an office space with a flexible layout in a highly accessible area. Featuring 8 private offices, 1 copier/storage room, 1 large flex/storage room, ample closet space, and direct entry. Located minutes away from the Maine Mall area along with the on and off ramps of I295/I-95, join users such as The Portland Press Herald, Acadia Insurance, AD&W, J.B. Brown & Sons, IDEXX Laboratories, Bailey Sign, NEFCO, and Anthem Blue Cross Shield, in this highly visible location.
| Space | Size | Space Use | Condition | Available |
| 1st Floor | 3,600 SF | Office | Full Build-Out | Now |
1st Floor
| Size |
| 3,600 SF |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| Now |
1st Floor
| Size | 3,600 SF |
| Space Use | Office |
| Condition | Full Build-Out |
| Available | Now |
The first floor office space at 865 Spring Street in Westbrook is perfectly suited for the user seeking an office space with a flexible layout in a highly accessible area. Featuring 8 private offices, 1 copier/storage room, 1 large flex/storage room, ample closet space, and direct entry. Located minutes away from the Maine Mall area along with the on and off ramps of I295/I-95, join users such as The Portland Press Herald, Acadia Insurance, AD&W, J.B. Brown & Sons, IDEXX Laboratories, Bailey Sign, NEFCO, and Anthem Blue Cross Shield, in this highly visible location.
Property Taxes
| Parcel Number | WSBR-000002-000000-000019 | Improvements Assessment | $4,070,381 CAD |
| Land Assessment | $1,146,696 CAD | Total Assessment | $5,217,076 CAD |
Property Taxes
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865 Spring St
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