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Updated: November 3, 2025

A roundup of Maine's commercial real estate sales from October 2025

An exterior view shows and a building and lawn. Photo / Courtesy The Boulos Co. SW Holdings LLC bought a 71,428-square-foot industrial building at 120 Rice St. in Bangor: from HTP Investments Inc. for $4.9 million. Chris Gallagher and Joe Italiaander of the Boulos Co. represented the buyer and Andrew Sturgeon of Re/MAX Riverside represented the seller.

Here’s a roundup of commercial sales in Maine first published in the Tuesday Real Estate Insider during October. (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 Oct. 7

120 Rice St., Bangor: 71,428-square-foot industrial building sold to SW Holdings LLC by HTP Investments Inc. for $4.9 million. Chris Gallagher and Joe Italiaander of the Boulos Co. (representing buyer) and Andrew Sturgeon of RE/MAX Riverside (representing seller) brokered the deal, which closed Sept. 24.

675 Main St., Lewiston: 53,149-square-foot retail center sold to 675 MSL LLC by 675 Main Street LLC for $4.15 million. Frank O’Connor and Joe Atwood from the Dunham Group brokered the sale, which closed Sept. 30.

18 Hutcherson Drive, Gorham: 20,118-square-foot industrial building sold to Hutcherson Drive LLC by 18 Hutcherson  LLC for $2.925 million. Greg Hastings from the Dunham Group brokered the sale, which closed Sept. 25.

6 Southgate Way, Ellsworth: 13,272-square-foot, three-building, 12-unit apartment complex sold to Southgate Way Apartments LLC by Visions Equities LLC for $2.35 million. Noah Stebbins of the Boulos Co. (representing buyer) and Roy Donnelly of the Boulos Co. (representing seller) brokered the deal, which closed Sept. 10.

242 Commercial St., Rockport: 8,264-square-foot 21-room motel sold to Rock Harbor Management LLC by Ocean View Sunsets LLC for $1.75 million. Roy Donnelly of the Boulos Co. (representing buyer) and Thomas Gadbois of F.O. Bailey Real Estate (representing seller) brokered the deal, which closed Sept. 2.

From the Real Estate Insider of Oct. 14

491 Lisbon St., Lewiston: 18,000-square-foot Class A office building sold to 491 Lisbon Street Associates LLC (Skelton Taintor & Abbott) by Lisbon Street Leasing LLC for $1.1 million. Josh Soley and Charlie Hippler of CORE brokered the transaction, which closed Sept. 17.

38 Cushing St., Brunswick: 7,046-square-foot, 6-tenant strip mall on 0.69 acres sold to Horton Properties LLC by Honalee RE LLC for $1.09 million. Tim Millett and Joe Porta of Porta & Co. (representing seller) and Katie Winglass of RE/MAX Riverside (representing buyer) brokered the deal, which closed Oct. 6.

647 Maine Ave., Farmingdale: 14,050-square-foot former nursing home on 1.01 acres sold to Mansell LLC by HD Manor LLC for $995,000. Tim Millett of Porta & Co. (representing buyer and Kristin McQuillian of Century 21 (representing seller) brokered the deal, which closed Oct. 8.

10 Market St., Scarborough: 2,351-square-foot office condo sold to Miller Family Holdings CM LLC by 10 Market Street LLC for $965,000. Drew Sigfridson and Jon Rizzo of the Boulos Co. brokered the deal, which closed Aug. 15.

316-318 Main St., Rockland: 8,670-square-foot retail building sold to Ann’s Rockland LLC by Orient St. Properties LLC for $933,000. Roy Donnelly of the Boulos Co. (representing seller) and Nathan Pealer of Marcus & Millichap (representing buyer) brokered the deal, which closed Aug. 20.

326 Presumpscot St., Portland: 4,500-square-foot industrial building sold to Reverse LKE LLC by 326 Presumpscot Street LLC for $883,000. Tony McDonald of the Boulos Co. (representing buyer) brokered the deal, which closed Sept. 12.

From the Real Estate Insider of Oct. 21

29 Brickyard Circle, Auburn: 10,640-square-foot industrial building on 13.31 acres sold to Brickyard Circle LLC by 29 Brickyard Circle LLC for $1.4 million. Bryan Plourde and Sam LeGeyt from the Dunham Group and Tiffany Poland from Fontaine Family brokered the sale, which closed Oct. 10.

101 Winter St., Portland: 0.3672-acre land site sold to 101 Winter LLC by Thanos LLC for $1.075 million. Tom Moulton and Katie Breggia from the Dunham Group and Josh Soley from CORE Firms brokered the sale, which closed Oct. 10.

60 Mellen St, Portland: 5-unit, 3,952-square-foot building sold to 60 Mellen St LLC by PFR at 60 Mellen St LLC and CPR at 60 Mellen St LLC for $850,000. Brit Vitalius and Chris Sullivan of Vitalius Real Estate Group (representing sellers) and Kimberly Myers of Cottage & Co. Real Estate (represented buyers) brokered the transaction, which closed Oct. 10.

25B Long Creek Drive, South Portland: 4,532-square-foot office condominium sold to FP Long Creek LLC by Mercy Hospital for $750,000. Mark Malone and Nick Malone of Malone Commercial Brokers brokered the transaction, which closed Oct. 3.

From the Real Estate Insider of Oct. 28

22 Madison St., Portland: 3,492-square-foot 4-unit with buildable lot sold to undisclosed buyer by undisclosed seller for $1.108 million. Brit Vitalius, Chris Sullivan and Jes Wallimann of Vitalius Real Estate Group brokered the transaction, which closed Oct. 20. 

96 State St., Augusta: 4,408-square-foot retail building sold to J.R. Jolicoeur LLC by Camden National Bank for $650,000. Chris Paszyc of the Boulos Co. (representing seller) and Derek Bowen of Hearth & Key Realty (representing buyer) brokered the deal, which closed Sept. 5.

40-75 Wells Plaza, Wells: 0.89-acre retail outparcel sold to Five Star Holdings LLC by B33 Wells Plaza II LLC for $575,000. Derek Miller, Brice O’Connor and Sasha Phillips of the Boulos Co. (representing seller) and Frank O’Connor of the Dunham Group (representing buyer) brokered the deal, which closed Sept. 12.

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