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    2 Armco Ave Caribou, ME 04736

    For Sale
    $229,500

    SINGLE_FAMILY - Caribou, ME

    Type:Office
    Property size:
    1,320 SF
    Lot size:
    0.32 Acres
    Days on Market:
    268
    Last Refresh:
    Dec 6 at 4:06 am

    Property Features for 2 Armco Ave

    General Information

    Property type
    Residential
    Property subtype
    Office
    Standard status
    Active
    Zoning
    Commercial
    Rooms
    Basement
    Interior features
    Storage
    Basement
    Full, Unfinished
    Size
    1,320 SF
    Lot size
    0.32 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Baseboard, Hot Water(Heating)
    Cooling system
    Wall/Window Unit(s), Window Unit(s)
    Water source
    Public

    Building Details

    Year built
    1910
    Flooring type
    Vinyl, Laminate, Carpet
    Building materials
    Vinyl Siding
    Roof type
    Shingle
    Additional Structures
    Storage

    Progressive Realty (207) 498-3848 [email protected]

    Listing agent Catherine Duffy (207) 498-3848

    Listing date Mar 14, 2025

    Copyright © 2025 Maine Real Estate Information System, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Caribou Office Building For Sale

    This 1320 square foot commercial property in Caribou, Maine, offers versatile opportunities. The building is in excellent condition, featuring a main entry/office area, four separate offices, and a conference room. It includes two bathrooms and a full basement. Heating is provided by hot water baseboard, and AC units are installed. The roof, siding, windows, and doors have been updated within the last 15 years. A 22 x 15 shed is included. The property occupies 0.32 acres and is zoned for commercial use.
    Property Profile Location Intelligence

    Current Use by Public Records

    Office buildings

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Hotel & Motel

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

    Location Insight

    • Map
    • Local Demand
    City
    Caribou
    County
    Aroostook
    State
    Maine
    Longitude
    -68.0109231
    Latitude
    46.8504215

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    FAQs

    What type of property is this?
    Office building - Well-maintained office building with multiple offices and conference room.
    Where is this office building located?
    The property is located at 2 Armco Ave Caribou, ME.
    What is the asking price?
    The asking price for this property is $229,500.
    What are key features of this property?
    This property features: - Excellent condition with updated roof, siding, windows, and doors (within the last 15 years).; - Functional layout featuring a main entry/office, 4 separate offices, and a conference room.; - Includes a full basement for storage or additional space.
    (207) 498-3848
    Request Owner's contact information
    2 Armco Ave Caribou, ME 04736
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    Caribou, ME 04736
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    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
    2 Armco Ave Caribou, ME 04736
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