884 Broadway, South Portland, ME 04106 is an established men’s recovery residence located in South Portland, Maine. The property is offered for sale at $1,400,000 and consists of a two-family residence converted for recovery housing use.

The building contains approximately 3,862 square feet with 13 bedrooms and 3 bathrooms. The home is configured for a 26-bed recovery housing model and is certified by MARR. The property has been serving the community for approximately two years and is presented as an existing, operational housing resource in a strong South Portland location.

The sale includes both the real estate and the operating business established at the residence. This includes the existing operational infrastructure, referral relationships, funding partnerships, and other core elements needed to support ongoing recovery housing operations. For a buyer seeking an established recovery housing asset rather than a ground-up startup, 884 Broadway offers the ability to step into an existing operation with continuity and credibility already in place.

Key property details include:

• Address: 884 Broadway, South Portland, ME 04106
• Asking Price: $1,400,000
• Property Type: Two-family residence converted to recovery home
• Certification: MARR Certified
• Current Use: Operating men’s recovery residence
• Building Size: 3,862 sq. ft.
• Bedrooms: 13
• Bathrooms: 3
• Total Beds: 26
• Room Mix: 6 private beds and 20 shared beds
• Projected Stabilized Recovery Housing Value: Approximately $1,800,000
• Residential Fallback Value: Approximately $1,300,000
• Projected Monthly Net Income: $7,144
• Projected Monthly Revenue: $17,603

The offering may be appropriate for a recovery housing operator, mission-driven investor, or buyer seeking an existing income-producing recovery residence in a desirable Maine market. The memorandum presents the property primarily as a vertically integrated opportunity in which the buyer may own and operate the home, while also noting that the property could potentially support a triple-net lease structure with a qualified third-party operator.