realestate

Maine Commercial Real Estate Transactions: April 2025 Recap

Mainebiz's Tuesday Real Estate Insider: April 2025 Commercial Sales

H
ere's a roundup of commercial sales in Maine, featuring transactions from April. The information is provided by brokerages and does not include privately managed deals.

    From the Real Estate Insider of April 1

    A 7,718-square-foot restaurant building on Post Road in Wells sold to 7 Padmavati LLC for $1.5 million. Kirk Butterfield and Zach Resnikoff of KW Commercial/Magnusson Balfour brokered the deal.

    In Portland, Samuel's Bar & Grill and an adjacent commercial building sold to Lebel Holdings LLC for $1.3 million. Stanley J. Rintz of Daigle Commercial Group represented the seller, while Joe Atwood of the Dunham Group represented the buyer.

    From the Real Estate Insider of April 8

    A 28,498-square-foot office condo on Fore Street in Portland sold to CF Evie LLC for $5,699,600. Peter Gwilym and Joseph Porta of Porta & Co. brokered the deal.

    In Yarmouth, a 4.4-acre parcel of land in Railroad Square sold to Railroad Square of Yarmouth LLC for $3 million.

    From the Real Estate Insider of April 15

    A 31,200-square-foot office building on Chabot Street in Westbrook sold to MCH Best Properties LLC for $2,360,419.

    In Yarmouth, a 4,117-square-foot medical office building on Willow Street sold to Joy Real Estate of Yarmouth LLC for $1.1 million.

    From the Real Estate Insider of April 22

    A 43-acre shoreline in Long Sands Beach, York sold to the Town of York for $4 million.

    In Wiscasset, a 9,100-square-foot retail building on Bath Road sold to Harrington Wiscasset LLC for $1,467,455.

    From the Real Estate Insider of April 29

    The Topside Inn and Mid-Yown Motel in Boothbay Harbor sold to 7 Padmavati Hospitality LLC for an undisclosed price.

    In Portland, a 2,612-square-foot three-unit building on State Street sold to an undisclosed buyer for $1.395 million.

    Additional transactions include:

    A 3,456-square-foot industrial condo on Eastview Parkway in Saco sold to Eastview Unit B and C LLC for $732,000.

    A 2,162-square-foot medical office building on Market Street in Scarborough sold to Maine Oral Surgery and Dental Implant Center PLLC for $702,650.

    A large four-unit building on Arch Avenue in Lewiston sold to an undisclosed buyer for $485,000.

Maine commercial real estate transactions and sales in April 2025 highlighted.