16 Station AveBrunswick, ME 04011

  • Office properties
  • 23,149 SF
For Lease
$30/SF/YR View listing

Property Details for 16 Station Ave

Year built
2009
Construction
STEEL FRAME
Lot size
0.67 AC
Property size (Sq ft)
23,149 SF
Property type
Office properties
Property subtype
Office buildings
APN
BRUN M:U16 L:103
APU
BRUNMU16L103

Description

This exceptional 1,888 square foot office space is located at 16 Station Avenue in the heart of Brunswick, Maine. Built in 2009, the property is part of a larger building totaling 18,840 square feet and offers a blend of traditional, executive, and creative office space options within a multi-tenant environment. The space is ideal for businesses seeking a vibrant and accessible location. The building's I3 zoning provides flexibility for various commercial uses. On-site parking is available, shared with other tenants. The property's address is 16 Station Avenue, Brunswick, ME 04011 (APN: Map U16, Lot 103). This single available unit presents a unique opportunity to establish a presence in a thriving downtown area. The space is well-suited for a variety of businesses and offers excellent visibility and accessibility. The property's modern design and convenient location make it an attractive option for businesses seeking a high-quality workspace. Further details regarding parking arrangements can be provided upon request. This is a rare opportunity to secure a desirable office space in a sought-after location.

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $3,827,221
    6.5%
    $3,532,820
    7%
    $3,280,475
  • Comparable approach

    Method
    Valuation
    Relative Method
    $3,024,648
    Geo Method
    $3,024,648
  • Alternative Use

    Use
    Valuation
    Residential
    $4,380,696
    Hospitality
    $4,012,694
    Educational
    $3,338,514
    Medical
    $3,453,331
    Retail
    $5,193,244
16 Station Ave, Brunswick, Maine

Location Insight

City
Brunswick
County
Cumberland
State
Maine
Latitude
43.9114
Longitude
-69.9652
CBSA code
38860
CBSA name
PORTLAND-SOUTH PORTLAND-BIDDEFORD, ME METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$66,921
$260,400
$2,613,000
$2,873,400
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FAQs

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