Karen Rich

Malone Commercial Brokers

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malonecb.com


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5 Moulton Street, 3Rd Floor
Portland, Maine 4101 (View Map)

Affiliated Broker
Malone 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, ME
  • Business For Sale Listings

    $200,000
    Brunswick, ME 
    Maine Street Bistro Business For Sale Turnkey opportunity near Bowdoin College

    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 location 

    $235,000
    Maine 
    View Details 
    Confidential Landscaping Business For Sale

    Offers four season maintenance and landscaping services Family-owned company with over 20 years of experienceFF&E included in sale of the businessFinancials provided upon signing of NDA 

    $1,200,000
    Cumberland Co., ME 
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    Confidential Brewery Business

    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.BUSINESS SALE PRICE: SEE BROKER FOR PRICE 

    $695,000
    Cumberland Co., ME 
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    Custom Glass Company Business For Sale

    • Company specializing in shower door and heavy glass shower enclosure manufacturing• Services also include custom mirror work, home glass replacement, commercial glass installation and more• Providing services for both individual and commercial clients throughout Southern and Central Maine• High visibility location. Lease available at incredible under market rates! See Broker for more information 

    $1,750,000
    Lincoln Co., ME 
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    Auto Service & Gas Station Business & Real Estate For Sale

    • 4,378± SF automotive services with self-serve gas• Includes two residential apartment units• Popular in-town location with high traffic numbers• Financials upon request 

    $35,000
    Cumberland Co., ME 
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    Arcade Bar Business For Sale

    A bar and grill offering nightly games/arcades and entertainmentThe 3,000± SF space has a full commercial kitchenOpportunity to step into an ownership position for small upfront investmentLease rate is $3,000/month MG and incudes water & sewer. Tenant pays electricity and natural gasAll tables, chairs and kitchen equipment are included in the lease 

    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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