Karen Rich

Malone Commercial Brokers

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malonecb.com


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Portland, Maine

Affiliated Broker
Malone Commercial Brokers Inc

About the Company

Malone Commercial Brokers is a recognized leader in Maine commercial real estate, operating as a family business for three generations. With an established reputation of expertise, integrity, and a lifelong passion for relationship building, clients know they can trust Malone Commercial Brokers with their commercial real estate transactions.

Our deep Maine roots and connections make us the obvious choice for investors, developers, and business owners looking to rent, buy, or sell property throughout Maine. From downtown Portland to Auburn, Lewiston, Augusta, and Bangor, Malone has got you covered! With extensive expertise throughout the entire state of Maine, our brokers are here to assist you in discovering exactly what you're searching for.

Broker Biography

Introduction

Karen has been practicing commercial real estate in Maine since 1991 and was voted Maine Commercial Realtor of the year in 2012.

Over the last 27 years, Karen has been involved with many retail and development projects in Southern Maine. Her largest single investment sale topped $15,000,000. Karen specializes in all aspects of sales and leasing of retail, office and industrial properties. Her expertise in assembling development sites throughout Maine has proven invaluable to her clients.

Karen is a member of Maine Commercial Association of Realtors and serves on their Board of Directors and is involved with many local civic projects.

Memberships & Affiliations:
Licensed Broker - State of Maine
Maine Commercial Association of Realtors (MCAR) - Member, Board of Directors
National Association of Realtors (NAR) - Member
Maine Real Estate & Development Association - Member

Services Provided

All areas of Commercial Real Estate brokerage throughout Maine.

Areas Served

  • Cumberland County, ME
  • Business For Sale Listings

    $3,650,000
    Maine 
    Confidential Wedding Venue Business & Real Estate For Sale Well-known rustic wedding venue

    •Well-known rustic wedding venue, fully equipped property for up to 250 guests•On-site lodging for up to 25 guests•Beautiful grounds, ample parking, and room for growth•FF&E and all bookings included in sale. Financials available with signed NDA. See Broker for details. 

    $1,250,000
    Penobscot Co., ME 
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    Confidential Industrial Business & Real Estate For Sale

    •15,000± SF industrial building in Penobscot County, together with a furniture manufacturing business•Currently used as a furniture retail and wholesale operation•Business details available upon signing NDA. See broker for details 

    $975,000
    Portland, ME 
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    Confidential Craft Brewery Business For Sale

    •Maine-based brewery with extensive potential for growth and expansion.•Features a 10-barrel brewhouse, supported by a robust production setup.•The brewery is primed for both beer and spirits production, and holds all required permits for both.•Seller is open to owner financing, see broker for more details.•Revenue and EBITDA figures available upon execution of NDA.•Perfect opportunity for a strategic acquirer in the beverage industry, a passionate entrepreneur looking to enter the craft brewing space, or an investor seeking a scalable and branded asset in a top-tier beer market. 

    $525,000
    Cumberland Co., ME 
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    Confidential Bakery & Cafe For Sale

    •Turnkey opportunity fully equipped and operational with established systems•High-quality baked goods leveraging locally sourced ingredients•Strong community involvement and local partnerships•Sale includes all FF&E (see below). Financials available with signed NDA•Retail space available with favorable lease terms. See Broker for details 

    $2,150,000
    Portland, ME 
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    Confidential Restaurant - Portland

    •Successful restaurant and bar on Portland’s Peninsula•Seating capacity of 100±•Included in Top Restaurants to Visit in Maine•Menu features local farm and sea-to-table dishes•Intimate and welcoming atmosphere with beautiful furnishings throughout•Sale includes all FF&E. Financials available with signed NDA. Space available for lease. See Broker for details. 

    $3,300,000
    Hancock Co., ME 
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    Confidential Construction Company For Sale

    •Reputable construction company in Hancock county•Organized systems and processes in place for smooth ownership transition•Consistent revenue history with opportunities for further growth•Sale includes all FF&E with significant assets•Financials available with signed NDA. See Broker for details. 

    $225,000
    Biddeford, ME 
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    The PlayLot - Business For Sale

    •The PlayLot is a trusted, family-owned establishment dedicated to serving local families.•The center offers a variety of events for parties, music classes, mother support groups.•Located conveniently in a central location in Biddeford, providing easy access for local families.•Sale includes all FF&E. Financials available with signed NDA. Space available for lease. See Broker for details. 

    $125,000
    Brunswick, ME 
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    Maine Street Bistro Business For Sale

    1,200± SF restaurant space in the heart of downtown Brunswick38± seat capacity with additional outdoor seatingA cozy-bistro style atmosphere with a French cuisine influence Close proximity to Bowdoin College Turnkey opportunity in this highly sought-after locationBuilt-in catering business (see broker for details) 

    John Doyon Serving Cumberland County, ME

    Prior to joining Malone Commercial Brokers in 1993, John was Executive Director of a real estate and mortgage investments company. The experience he garnered in the area of income/investment sales makes John uniquely qualified to work with sellers/landlords and buyers/tenants. John is expert at preparing comprehensive analyses of project offerings and properties. He also has experience assisting banks, attorneys, and owners in the disposal of troubled assets. John is politically connected and a civic and industry leader. He covers a wide territory in Maine. Education: *CCIM awarded from the Commercial Investment Real Estate Institute in Chicago with a concentration in financial analysis. Only 6,000+/- commercial brokers in the country have completed the graduate program. *BA and MA with Honors from the University of Maine at Orono in the fields of psychology and counseling psychology Memberships, Affiliations & Service: Licensed Broker - State of Maine Maine Commercial Association of Realtors (MCAR) - Member and Past President National Association of Realtors (NAR) - Member Commercial Investment Real Estate Institute - Former National Education Committee Member Maine Real Estate & Development Association (MEREDA) - Member CCIM (Certified Commercial Investment Member) Maine Commercial Broker of the Year

    Peter Harrington Serving Cumberland County, ME

    Peter “Pete” Harrington has been the retail leasing expert of Greater Portland for over 30 years. As Partner and Associate Broker at MCB, Pete has an established reputation for solid relationships with both tenants and landlords. Pete’s lifelong real estate career includes office, retail, industrial, multifamily, and investment on office and retail opportunities in Portland’s Historic Old Port, downtown, and the Arts District. Pete grew up in Malden, Massachusetts, where he earned a B.A. in Economics from the University of Lowell in 1985. He is active in the Portland Little League, with a focus on the “Challenge Division” for players with disabilities. Pete has two grown children away at college. He and his wife live in Portland and enjoy spending time at Sebago Lake. Pete’s affiliations and awards include: President Elect, Maine Listings (First Commercial Broker elected as President) | 2023, Representative, State of Maine, Risk Management Issues Committee | 2022, First Vice President, Maine Listings Service (First Commercial Broker to serve) | 2021, Current Board Member, Maine Association of Realtors Legislative Committee | 2021, Director, National Association of Realtors (NAR) | 2018, 2019, 2020, President, Maine Association of Realtors (First Commercial Broker elected as President) | 2019, President, Maine Commercial Association of Realtors (MCAR) | 2011& 2012, Maine Commercial Association of Realtors (MCAR) Realtor of the Year | 2010. Pete is also a recurring presenter at MEREDA’s Annual Forecast Conference.

    Cheri Bonawitz Serving York County, ME

    Cheri is a commercial broker with extensive experience in the leasing and sale of retail, office, industrial, multi family, land and investment properties. Cheri’s willingness to go the extra mile for her clients and give them tremendous service has proven invaluable. Cheri is a Certified Commercial Investment Member (CCIM) and a member of the Maine Commercial Association of Realtors and National Association of Realtors. Cheri is involved with local charities as well as a Director for USA Hockey. Memberships & Affiliations Commercial Broker of the Year, 2023 Licensed Broker - State of Maine Maine Commercial Association of Realtors (MCAR) - Member National Association of Realtors (NAR) - Member Maine Real Estate & Development Association - Board Member CCIM (Certified Commercial Investment Member)

    Karen Rich Serving Cumberland County, ME

    Karen has been practicing commercial real estate in Maine since 1991 and was voted Maine Commercial Realtor of the year in 2012. Over the last 27 years, Karen has been involved with many retail and development projects in Southern Maine. Her largest single investment sale topped $15,000,000. Karen specializes in all aspects of sales and leasing of retail, office and industrial properties. Her expertise in assembling development sites throughout Maine has proven invaluable to her clients. Karen is a member of Maine Commercial Association of Realtors and serves on their Board of Directors and is involved with many local civic projects. Memberships & Affiliations: Licensed Broker - State of Maine Maine Commercial Association of Realtors (MCAR) - Member, Board of Directors National Association of Realtors (NAR) - Member Maine Real Estate & Development Association - Member

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