A roundup of Maine's commercial real estate sales from May 2025
Photo / Courtesy Malone Commercial Brokers
A 1,440-square-foot retail building at 615 Main St. in Westbrook sold to NTN Real Estate LLC by Nittany LLC for $500,000. Jennifer Small of Malone Commercial Brokers represented the seller and Jim Pepin of Sprague & Curtis Real Estate represented the buyer in the transaction.
Here’s a roundup of commercial sales in Maine first published in the Tuesday Real Estate Insider during May. (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 May 6
102 Bangor St., Augusta: Retail plaza sold to BSEG Properties LLC by qy & zy LLC for $925,000. Ben Spencer of CORE brokered the transaction, which closed April 30.
258 Spring St., Portland: 3,119-square-foot 3-unit in the West End sold to undisclosed buyer by Rent Portland LLC for $820,000. Brit Vitalius and Chris Sullivan of Vitalius Real Estate Group brokered the transaction, which closed April 28.
3 Willow Run, Auburn: 7,500-square-foot office/industrial building sold to Knowble Holdings LLC by L-A Med Ventures for $750,000. Justin Lamontange from the Dunham Group and Bill Bergeron from Fontaine Family Real Estate brokered the sale, which closed April 30.
142 College St., Lewiston: 8,049-square-foot multi-family sold to Sherwood Properties by undisclosed seller for $715,000. Brandon Mitchell of Malone Commercial Brokers (representing seller) and James Ernest of the True Wind Realty (representing buyer) brokered the transaction, which closed April 18.
9 Spruce St., Augusta: 5,530-square-foot medical facility sold to Mansell LLC by MaineGeneral Medical Center for $680,000. Tim Millett of Porta & Co. (representing buyer) and Ben Spencer of CORE (representing seller) brokered the deal, which closed May 1.
From the Real Estate Insider of May 13
75 Pine Tree Industrial Parkway, Portland: 42,918-square-foot industrial building sold to CCRE 75 Pine LLC by 75 Pine Tree LLC for $7.23 million. Sylas Hatch and TC Haffenreffer from the Dunham Group and Jon Rizzo from the Boulos Co. brokered the sale, which closed May 1.
15 Route 236, Kittery: 8,760-square-foot industrial building on 3.75 acres sold to Sleepy Hollow Development Inc. by GCBRE LLC for $1.5 million. Sylas Hatch, TC Haffenreffer, and Greg Hastings from the Dunham Group brokered the sale, which closed April 30.
202 Park St., South Paris: 6,472-square-foot retail building sold to Ron and Mel Ramsey by the Estate of Joyce A. Colby for $600,000. Shelly Everett from Everett Realty Group brokered the deal, which closed Oct. 23, 2024.
615 Main St., Westbrook: 1,440-square-foot retail building sold to NTN Real Estate LLC by Nittany LLC for $500,000. Jennifer Small of Malone Commercial Brokers (representing seller) and Jim Pepin of Sprague & Curtis Real Estate (representing buyer) brokered the transaction, which closed May 5.
From the Real Estate Insider of May 20
123 Darling Ave., South Portland: 58,902-square-foot office building sold to SRC Properties LLC by Darling Avenue Realty LLC for $6 million. Drew Sigfridson and Reese McFarlane of the Boulos Co. (representing seller) and Kirk Butterfield of KW Commercial (representing buyer) brokered the deal, which closed March 20.
174 Cash St., South Portland: 34,421-square-foot industrial building sold to MDA Cash Street LLC by Sea Bags LLC for $4.5 million. Jon Rizzo and Tony McDonald, of the Boulos Co. (representing seller) and Noah Stebbins of the Boulos Co.. (representing buyer) brokered the deal, which closed March 21.
40 Bradley Drive, Westbrook: 18,000-square-foot industrial building sold to JNJ Associates LLC by BSG LLC for $2,917,450. Derek Miller of the Boulos Co. brokered the deal, which closed April 7.
100 Waterville Road, Skowhegan: The Snack Shack sold to Erin Hall by Brady and Jennifer Chapman by undisclosed seller for $400,000. John Doyon of Malone Commercial Brokers brokered the transaction, which closed May 2.
1 Summer St., Gardiner: 0.55- acre parcel of land sold to Iron Heights LP by city of Gardiner for $90,000. Dennis Wheelock of KW Commercial/Magnusson Balfour brokered the deal, which closed May 13.
12 Technology Drive, Gardiner: 2.5-acres of land in the Gardiner 95/295 Business Park sold to Elwell Excavation LLC by city of Gardiner for $49,900. Dennis Wheelock of KW Commercial/Magnusson Balfour brokered the deal, which closed April 15.
171-173 Port Road, Kennebunk: 5,579-square-fooot commercial property consisting of a restaurant, bungalow and land sold to Good Vibes Only LLC by Friday Morning LLC for undisclosed price. John Doyon of Malone Commercial Brokers (representing seller) and Greg Gosselin of Gosselin Realty (representing buyer) brokered the transaction, which closed May 7.
From the Real Estate Insider of May 27
70 Warren Ave., Westbrook: 20,864-square-foot industrial building sold to 70 Warren LLC by GCBRE LLC for $2.6 million. Sylas Hatch and TC Haffenreffer from the Dunham Group brokered the sale, which closed May 15.
1292 Hammond St., Bangor: 22,000-square-foot industrial redevelopment building sold to GST Hammond LLC by Dovesco LLC for $2.55 million. Sylas Hatch and TC Haffenreffer from the Dunham Group and Chris Paszyc from the Boulos Co. brokered the sale, which closed May 19.
58 Ossipee Trail, Standish: 3,071-square-foot retail building sold to VP Holdings LLC by undisclosed seller for $1.09 million Jennifer Small of Malone Commercial Brokers (representing seller) and Chris Romano of the Boulos Co. (representing buyer) brokered the transaction, which closed May 15.
65 Olde Canal Way, Gorham: 6.53 acres of land sold to Landano Properties I LLC by 65 Olde Canal Way LLC for $550,000. Sylas Hatch and TC Haffenreffer from the Dunham Group and Stefan Lopez from Maine Real Estate Experts brokered the sale, which closed May 14.
10 Market St., Scarborough: 1,446-square-foot retail building sold to Spurling Holdings LLC by 10 Market Street LLC for $469,950. Joe Atwood from the Dunham Group and Jon Rizzo from the Boulos Co. brokered the sale, which closed May 15.
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