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    64 Main St Richmond, ME 04357

    For Sale
    $625,000

    MULTI_FAMILY - Other - Richmond, ME

    Property size:
    6,214 SF
    Lot size:
    0.12 Acres
    Days on Market:
    98
    Last Refresh:
    Dec 13 at 8:06 am

    Property Features for 64 Main St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Zoning
    comm
    Rooms
    Bathroom 1, Bathroom 2
    Parking features
    On Street
    Patio and Porch features
    Deck
    Size
    6,214 SF
    Lot size
    0.12 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Heat Pump (Heating)
    Cooling system
    Heat Pump
    Water source
    Public

    Building Details

    Year built
    1900
    Number of units
    2
    Flooring type
    Tile, Heavy duty, Vinyl, Wood
    Building materials
    Vinyl Siding, Wood Frame
    Roof type
    Metal
    Architectural style
    Other

    Cromwell Coastal Properties, PA (207) 882-9100 [email protected]

    Listing agent Julie Cromwell (207) 882-9100

    Listing date Sep 7, 2025

    MLS# 1635321 Listing URL

    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

    Richmond Investment Property with Restaurant

    An investment opportunity is available in Richmond, Maine, featuring two rental apartments and a bar/restaurant. The apartments are in well-maintained condition, with one having been completely renovated. The bar/restaurant is an established business located on Main Street. The property size is 6,214 square feet and the lot size is 0.12 acres. The zoning is commercial. The owner is willing to work with a new owner to ensure a smooth transition. The business is available for an additional $185,000.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Kimberly's Restaurant & Lounge Restaurant

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Building Supply Gym & Fitness Auto Repair Shop Skin Care Clinic

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

    Similar Places Nearby

    The Old Goat

    Location Insight

    • Map
    • Local Demand
    City
    Richmond
    County
    Sagadahoc
    State
    Maine
    Longitude
    -69.802483
    Latitude
    44.087841

    Nearby Similar for Sale

    • $185,000
      3,214 SF

      Established Bar and Restaurant

      Well-established bar and restaurant in a visible location on Main Street.
      64 Main St, Richmond, ME 04357
      View Details
    • $499,000
      55.00 Acres

      55 Acres Richmond Development Land

      Prime business park site near I-295.
      Main St St, Richmond, ME 04357
      View Details

    FAQs

    What type of property is this?
    Bar - Two apartments and a restaurant on Main Street in Richmond.
    Where is this bar located?
    The property is located at 64 Main St Richmond, ME.
    What is the asking price?
    The asking price for this property is $625,000.
    What are key features of this property?
    This property features: - Investment opportunity: Includes two rental apartments and a bar/restaurant.; - One apartment is COMPLETELY RENOVATED.; - Well-maintained condition of all properties.
    (207) 882-9100
    Request Owner's contact information
    64 Main St Richmond, ME 04357
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    Richmond, ME 04357
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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
    64 Main St Richmond, ME 04357
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