A roundup of Maine's commercial real estate sales from July 2025
Photo / Courtesy Malone Commercial Brokers
Gebhardt Property Management LLC bought a 5,444-square-foot office building at 233 Vaughan St. in Portland from Vaughan Street Realty Associates for $925,000. Joe Malone and Luke Malone of Malone Commercial Brokers represented the seller and Jennifer Small of Malone Commercial Brokers represented the buyer.
Here’s a roundup of commercial sales in Maine first published in the Tuesday Real Estate Insider during July. (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: lschreiber@mainebiz.biz
From the Real Estate Insider of July 1
380 U.S. Route 1, Kittery: The Coachman Inn sold to Dugla LLC by Giri Kittery Inc. for slightly under $5 million. Roger Daigle and Alexandra Diaz of Daigle Commercial Group (representing seller) facilitated the sale, which closed June 23.
280 Maine Mall Road, South Portland: 5,775-square-foot retail building sold to Portland 280 Realty Ventures LLC by WM Capital Partners 56 LLC for $2.65 million. Chris Gallagher and Joe Italiaander of the Boulos Co. (representing seller) and Karen Rich of Malone Commercial Brokers (representing buyer) brokered the deal, which closed June 20.
25 U.S. Route 1, Edgecomb: The Edgecomb Retail Plaza sold to Khodiyar LLC by PDJ Properties LLC for undisclosed price. The list price was $430,000. Roger Daigle of Daigle Commercial Group (representing seller) facilitated the sale, which closed June 19.
From the Real Estate Insider of July 8
13-17 Triangle Drive and 398 Old County Road, Hampden: 17,880-square-foot 34-unit multifamily portfolio sold to BCGR Properties LLC by Bryson & Fern LLC for $5.4 million. Noah Stebbins of the Boulos Co. (representing seller) and Roy Donnelly of the Boulos Co. (representing buyer) brokered the deal, which closed May 30.
25-27 Marston St., Lewiston: 61,376-square-foot 48-unit multifamily complex sold to
Wu Rentals Inc. by Marston Investment Group LLC for $5.25 million. Noah Stebbins of the Boulos Co. (representing seller) brokered the deal, which closed May 28.
280 Maine Mall Road, Portland: 5,775-square-foot retail building sold to East Shore Capital Partners by WM Partners 56 for $2.65 million. Joseph Italiaander of the Boulos Co. (representing seller) and Karen Rich of Malone Commercial Brokers (representing buyer) brokered the transaction, which closed June 20.
233 Vaughan St., Portland: 5,444-square-foot office building sold to Gebhardt Property Management LLC by Vaughan Street Realty Associates for $925,000. Joe Malone and Luke Malone of Malone Commercial Brokers (representing seller) and Jennifer Small of Malone Commercial Brokers (representing buyer) brokered the transaction, which closed July 1.
85 Atlantic Ave., Boothbay Harbor: 0.51-acre lot with pier sold to Jeanne and Charles Fuller by the Roman Catholic Bishop of Portland for $600,000. Joe Malone and Luke Malone of Malone Commercial Brokers brokered the transaction, which closed June 27.
1224 U.S. Route 202, Winthrop: Industrial property with secure laydown yard sold to Pelican Hill LLC by Consolidated Communications of Maine Co. for undisclosed price. Ben Spencer of CORE (representing buyer) and Shawn Losier of Freeman Group (representing seller) brokered the deal, which closed June 30.
2 Gorges Road, Kittery: Former Ramada Inn being converted to around 108 units of workforce housing sold to BHH Holdings IV LLC by Kittery Hotels Inc. for undisclosed amount. Robert Doak and Nick Farrell of Farrell & Doak at Keller Williams Realty brokered the deal, which closed June 30.
From the Real Estate Insider of July 15
66 Mussey Road, Scarborough:12,044-square-foot commercial building with flex industrial and office space sold to 740 Broadway LLC by 66 MR LLC for $1.95 million. Tim Millett of Porta & Co (representing buyer) and Josh Soley and Andre Rossignol of CORE (representing seller) brokered the deal, which closed May 20.
0 Stetson Road, Auburn: 30.61-acre parcel sold to A.R. Building Co. by Concord General Mutual Insurance Co. for $1.5 million. Mike Cobb of Colliers in Maine (representing seller) brokered the deal.
4-7 Dana St., Westbrook: 0.65-acre parcel of land sold to Quaker Lane Associates LLC by SBF Holdings LLC for $1.1 million. Nate Stevens of the Boulos Co. brokered the deal, which closed May 19.
585 Broadway, South Portland: 3,905-square-foot retail building sold to Midnight Star LLC by Moulton Properties LLC for $1.075 million. John Finegan of the Boulos Co. (representing buyer) and Chris Gallagher, Joe Italiaander and Nate Roop of the Boulos Co. (representing seller) brokered the deal, which closed May 30.
726 Forest Ave., Portland: 5,488-square-foot, mixed-use building sold to Liberty Block LLC by STC New England LLC for $1.075 million. Chris Gallagher and Joe Italiaander of the Boulos Co. (representing buyer) and Nick Lucas of the Boulos Co. (representing seller) brokered the deal, which closed June 17.
94 Graham St., Biddeford: 4-unit building sold to undisclosed buyer by Graham St LLC for $876,000. Brit Vitalius and Chris Sullivan of Vitalius Real Estate Group (representing sellers) and Robert Letellier of Coldwell Banker Realty (representing buyers) brokered the transaction, which closed June 18.
From the Real Estate Insider of July 22
35 Main St., Freeport: 37,663-square-foot retail building sold to Chilton Properties LLC by 35 Main A&B Freeport LLC and 35 Main C Freeport LLC for $4.3 million. Mark Malone and Nick Malone of Malone Commercial Brokers brokered the transaction, which closed July 8.
65 Jefferson St., Biddeford: 9,648-square-foot mixed-use building sold to Praetorium LLC by the Estate of Gregory C. Beane for $1.8 million. Kirk Butterfield and Craig Church of KW Commercial/Magnusson Balfour and John Graham of John Graham Real Estate brokered the deal, which closed July 16.
72 Main St., Wiscasset: 3,840-square-foot retail and residential building sold to Hallie Robinson and Alan Stuebe by JTAMM Group LLC for $870,000. Karen Rich of Malone Commercial Brokers brokered the transaction, which closed July 7.
369 Wilton Road, Farmington: Farmington Retail Plaza sold to CORE by undisclosed seller for or $850,000. Bob Horvath of Horvath & Trembley brokered the deal, which closed July 7.
1 Bradstreet Road and 1 Oxford Road, Vassalboro: 25-acre 18-pad mobile home park sold to First Choice Properties LLC by Guardian Communities LLC for $825,000. Noah Stebbins of the Boulos Co. brokered the deal, which closed June 18.
445 Main St., Saco: 4,451-square-foot office building sold to Timberlaw LLC by 445 Main Street LLC for $535,000. Noah Stebbins of the Boulos Co. (representing seller) and Zach Resnikoff of Keller Williams Realty (representing buyer) brokered the deal, which closed June 16.
19 Dirigo Road, China: 2,880-square-foot multifamily building sold to Rock Harbor Management LLC by Regina Canney and Jason Canney for $464,900. Noah Stebbins of the Boulos Co. (representing buyer) and Bethany Pitcher of Meservier & Associates (representing seller) brokered the deal, which closed June 5.
From the Real Estate Insider of July 29
259 Main St., Yarmouth: 28,358-square-foot office building sold to InterMed by Nest-Eggs LLC for $6.4 million. Tom Moulton and Katie Breggia from the Dunham Group (representing buyer) and Brit Vitalius from Vitalius Real Estate (representing seller) brokered the sale, which closed July 23.
Pepperell Mill, Building 30, Biddeford: 7,500-square-foot office building sold to Reveler LLC by Pepperell Mill Development, LLC for $500,000. Joe Malone and Luke Malone of Malone Commercial Brokers and Porta & Co. brokered the transaction, which closed July 15.
Lot 3, West Falmouth Crossing, Falmouth: A 0.75-acre lot sold to Lash LLC by Zygomates LLC for $425,000. Mark Malone of Malone Commercial Brokers (representing the seller) and Marc Fishman of Fishman Realty Group of KW Commercial-Keller Williams Realty (representing the buyer) brokered the transaction, which closed July 21.
59 Park St., Lewiston: 5,920-square-foot retail building sold to Fifty-Nine LLC by DaVinci’s for $215,000. Jon Rizzo of the Boulos Co. (representing buyer) and Noah Stebbins of the Boulos Co. (representing seller) brokered the deal, which closed June 17.
340 Park Ave, Portland: La Quinta Inn & Suites Portland sold to undisclosed buyer by Highgate Hotels for undisclosed price. Brent Clemens of Alchemy Real Estate Advisors brokered the deal, which closed July 1.
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