Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    173 Somerset Ave Pittsfield, ME 04967

    For Sale
    $42,000

    Single - Pittsfield, ME

    Type:Single Family Residence
    Lot size:
    10,890.00 Acres
    Days on Market:
    88
    Last Refresh:
    Dec 9 at 6:06 am

    Property Features for 173 Somerset Ave

    General Information

    Property type
    Land
    Property subtype
    Single Family Residence
    Standard status
    Active
    Lot size
    10,890.00 Acres

    Building Details

    Architectural style
    Other

    Better Homes and Gardens-The Masiello Group (800) 741-1540 [email protected]

    Listing agent Melissa Bartlett (207) 942-6711

    Listing date Sep 13, 2025

    MLS# 1637031 Listing URL

    Copyright © 2025 Better Homes and Gardens-The Masiello Group. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Waterfront Lot in Pittsfield

    Located in the heart of Pittsfield, this property sits along the banks of Mill Pond. The site previously held a Victorian home, which was lost to fire. The property offers water views and an in-town location close to amenities. Shoreland zoning allows for a new home to be built within one year, using the same footprint or smaller, subject to confirmation with the town Code Enforcement Officer. The property includes a garage. The amount of water frontage is estimated from the tax map. The property is being sold As-is, and the buyer is responsible for removing the remaining structure, which is unsafe to enter. This is an opportunity to create a new home on Mill Pond. The lot size is 0.25 acres.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Pittsfield
    County
    Somerset
    State
    Maine
    Longitude
    -69.384746
    Latitude
    44.78509

    Nearby Similar for Sale

    • $179,900
      2,000 SF

      Renovated Commercial Building in Pittsfield

      Newly renovated, ADA compliant commercial space in Pittsfield's town center.
      103 Main St, Pittsfield, ME 04967
      View Details
    • New
      $195,000
      1,680 SF

      Two-Unit Home with Barn

      Two-unit home on 3 acres with barn and updates.
      1423 Main St, Pittsfield, ME 04967
      View Details
    • $175,000
      1,944 SF

      Turnkey Commercial Building in Pittsfield

      Commercial building with equipment, tools, and inventory included.
      418 Hunnewell Ave, Pittsfield, ME 04967
      View Details
    • $175,000
      1,944 SF

      Turnkey Commercial Building in Pittsfield

      Commercial building with equipment, tools, and inventory included.
      418 Hunnewell Ave, Pittsfield, ME 04967
      View Details
    • $99,999
      2,000 SF

      Commercial Building in Downtown Pittsfield

      Multi-use commercial building with office and workspace in downtown Pittsfield.
      203 N Main St, Pittsfield, ME 04967
      View Details
    • $169,000
      864 SF

      Commercial Building on Route 100

      Two-level, 864 sqft commercial building on a 2.21-acre lot.
      442 Main St, Pittsfield, ME 04967
      View Details

    FAQs

    What type of property is this?
    Land - Waterfront lot with garage, rebuild your dream home!
    Where is this land located?
    The property is located at 173 Somerset Ave Pittsfield, ME.
    What is the asking price?
    The asking price for this property is $42,000.
    What are key features of this property?
    This property features: - Waterfront property on Mill Pond with water views; - In-town location in Pittsfield, close to amenities; - Opportunity to build a new home within one year under shoreland zoning, using the existing footprint or smaller
    (207) 942-6711
    Request Owner's contact information
    173 Somerset Ave Pittsfield, ME 04967
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    173 Somerset Ave
    Pittsfield, ME 04967
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    173 Somerset Ave Pittsfield, ME 04967
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.