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    Historic Riverfront Hospitality Estate Title is generated by Realmo AI

    434 Main Street, Oxford, ME 04270

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    Claim this Listing
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    For Sale
    $879,999

    COMMERCIAL - Oxford, ME

    Property size:
    4,667 SF
    Lot size:
    6.60 Acres
    Price / SF:
    $188/SF
    Added:
    Jun 4, 2026
    Days on Market:
    2
    Last Refresh:
    Jun 5 at 10:06 am

    Property Features for 434 Main Street

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Zoning
    Shoreland/Mixed Use
    Rooms
    Basement
    Basement
    Unfinished
    Standard status
    Active
    Size
    4,667 SF
    Lot size
    6.60 Acres

    Taxes and HOA fees

    Tax Year
    2024
    Tax Annual Amount
    6445

    Utilities

    Sewer type
    Private Sewer
    Heating system
    Oil, Baseboard, Wood Stove, Pellet Stove, Wood, Coal
    Water source
    Public
    Water front features
    Stream

    Building Details

    Year built
    1862
    Flooring type
    Wood, Tile
    Building materials
    Wood Frame, Vinyl Siding, Wood Siding
    Roof type
    Metal, Shingle

    We can help!

    Listing Contact
    Tavia Melhus

    Listing agent Tavia Melhus

    Listing office Coldwell Banker Realty 163 Fore St Ste B, Saco, ME

    Listing date Jun 4, 2026

    MLS# 1665593

    Copyright © 2026 Maine Listings. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Historic property built in 1862 with wood frame construction and vinyl and wood siding
    • Set on approximately 6.6 acres with frontage on the Little Androscoggin River, plus a private dock
    • Attached barn/garage space with mature landscaping, expansive lawn areas, and covered porches
    • In‑ground pool and riverfront outdoor spaces including pool area, dock, porches, lawns, and gardens
    • Public water supply with private sewer and metal/shingle roofing
    • Interior includes wood and tile flooring, with heating options including oil, baseboard, wood stove, pellet stove, wood, and coal

    Overview

    This historic property is built around a grand New England home with period details, including tall ceilings, wood floors, and classic trim. The layout includes multiple gathering rooms and a spacious kitchen designed to support hosting, hospitality operations, or flexible reconfiguration into guest or event spaces. Additional on-site improvements include an attached barn/garage, mature landscaping, covered porches, expansive lawn areas, and an in-ground pool.

    Set on approximately 6.6 acres with frontage on the Little Androscoggin River, the property also features a private dock and riverfront setting. The home is located at 434 Main Street in Oxford, Maine, next to the popular Oxbow Beer Garden, creating a hospitality and destination-oriented context along this commercial corridor.

    With its interior scale, outdoor gathering areas, and riverfront amenities, the property may be a strong fit for concepts such as an event venue, bed and breakfast, retreat space, short-term lodging, or a restaurant-adjacent destination, subject to town approvals. The combination of indoor common areas and outdoor amenities (porches, lawns, pool, and dock) supports a range of hospitality and mixed-use commercial possibilities for an operator willing to tailor the space to their specific plan.
    Property Profile Location Intelligence

    Current Use by Public Records

    Bed & breakfasts

    Suggested Use

    Real Estate Agency Restaurant Building Supply Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Auto Parts Store Department Store Accounting Firm Bar & Pub

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

    Location Insight

    • Map
    • Local Demand
    City
    Oxford
    County
    Oxford
    State
    Maine
    Longitude
    -70.462362
    Latitude
    44.1321072

    FAQs

    What type of property is this?
    Bed & breakfast - Historic home on the Little Androscoggin River with pool, private dock, and attached barn/garage for hospitality or events.
    Where is this bed & breakfast located?
    The property is located at 434 Main Street Oxford, ME.
    What is the asking price?
    The asking price for this property is $879,999.
    What are key features of this property?
    This property features: Historic property built in 1862 with wood frame construction and vinyl and wood siding; Set on approximately 6.6 acres with frontage on the Little Androscoggin River, plus a private dock; Attached barn/garage space with mature landscaping, expansive lawn areas, and covered porches
    (207) 515-1271
    We can help!
    Listing Contact
    Tavia Melhus
    Request Owner's contact information
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    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
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