395 GORHAM RD
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Location
395 GORHAM RD
Mblu
068/ 02/ 001/ /
Owner
NEW GEN HOSPITALITY GROUP LLC
Total Market Value
$455,600
PID
8914
Building Count
1
Current Value
Assessment
Valuation YearImprovementsLandTotal
0$455,600$0$455,600

Owner of Record
OwnerNEW GEN HOSPITALITY GROUP LLC
Co-Owner
Address50 MAINE MALL RD
SOUTH PORTLAND , ME 04106-1712
Sale Price$17,750,000
Certificate
Book & Page 41292/118
Sale Date02/20/2025
Instrument02

Ownership History
Ownership History
OwnerSale PriceCertificateBook & PageInstrumentSale Date
NEW GEN HOSPITALITY GROUP LLC$17,750,000 41292/1180202/20/2025
GMG, LLC.$0 29810/0128 07/25/2012
GINN REAL ESTATE LIMITED LIABILITY CO$0 11822/0029I02/15/1995

Building Information
Building 1 : Section 1
Year Built: 2003
Living Area: 886
Replacement Cost: $493,794
Building Percent Good: 90
Replacement Cost
Less Depreciation:

$444,400
Building Attributes
FieldDescription
Style:Branch Bank
ModelCommercial
GradeAverage +20
Stories:1
Occupancy1.00
Exterior Wall 1Wood Shingle
Exterior Wall 2 
Roof StructureGable/Hip
Roof CoverAsph/F Gls/Cmp
Interior Wall 1Drywall/Sheet
Interior Wall 2 
Interior Floor 1Ceram Clay Til
Interior Floor 2Carpet
Heating FuelGas
Heating TypeRadiant
AC TypeCentral
Bldg UseBANK BLDG
Total Rooms 
Total Bedrms00
Total Baths0
1st Floor Use:3410
Heat/ACHEAT/AC PKGS
Frame TypeWOOD FRAME
Baths/PlumbingAVERAGE
Ceiling/WallSUS-CEIL & WL
Rooms/PrtnsAVERAGE
Wall Height10.00
% Comn Wall0.00
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area
Living
Area
BASFirst Floor 886 886
CANCanopy 374 0
CTHCathedral Ceiling 226 0
   1,486 886

Extra Features
Extra Features
CodeDescriptionSizeValueBldg #
DUW1DRIVEUP WINDOW1.00 UNITS$5,9001

Land
Land Use
Use Code3410
DescriptionBANK BLDG  
Neighborhood
Alt Land ApprNo
Category
Land Line Valuation
Size (Acres)0.00
Frontage0
Depth0
Total Market Land$0

Outbuildings
Outbuildings
CodeDescriptionSub CodeSub DescriptionSizeValueBldg #
PAV2PAVING GOOD  3000.00 S.F.$5,3001
Valuation History
Assessment
Valuation YearImprovementsLandTotal
2025$455,600$0$455,600
2024$455,600$0$455,600
2023$314,600$0$314,600

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