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    705 Maine Ave Farmingdale, ME 04344

    New
    For Sale
    $425,000

    MULTI_FAMILY - Farmingdale, ME

    Property size:
    2,042 SF
    Lot size:
    5.00 Acres
    Days on Market:
    2
    Last Refresh:
    Dec 11 at 4:06 am

    Property Features for 705 Maine Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Residential
    Rooms
    Basement
    Basement
    Full, Daylight, Unfinished, Walk-Out Access
    Size
    2,042 SF
    Lot size
    5.00 Acres

    Utilities

    Sewer type
    Private Sewer
    Heating system
    Forced Air, Baseboard
    Water source
    Public

    Building Details

    Year built
    1900
    Flooring type
    Wood, Carpet, Vinyl
    Building materials
    Wood Siding, Aluminum Siding, Wood Frame
    Roof type
    Shingle

    Sprague and Curtis Real Estate (207) 623-1123 [email protected]

    Listing agent Tyler Gaudet (207) 623-1123

    Listing date Dec 10, 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

    Versatile Mixed-Use Property Overlooking Kennebec

    Located on Maine Avenue, this property includes two buildings on 5 elevated acres overlooking the Kennebec River. The rear structure, located at 707 Maine Ave, is configured as a 1-bedroom, 1-bath apartment, adaptable for office space, a rental unit, or conversion into a two-car garage with workspace or commercial space above. The main building, located at 705 Maine Ave, features a 3-bedroom, 1-bath layout suitable for office headquarters, staff housing, or redevelopment into a commercial or multi-unit income property. The property is zoned for residential use. The grounds include a large open yard with direct access to the Kennebec River Rail Trail, a walking and biking route linking Augusta to Gardiner. The property is suitable for commercial operations, a multi-family investment, or an owner-user seeking on-site workspace with additional rental income potential. The property has a total size of 2042 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Single family properties

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Farmingdale
    County
    Kennebec
    State
    Maine
    Longitude
    -69.7850322
    Latitude
    44.2659264

    Nearby Similar for Sale

    • New
      $425,000
      2,042 SF

      Versatile Mixed-Use Property Overlooking Kennebec River

      Two buildings on 5 acres suitable for commercial or residential.
      705 Maine Ave, Farmingdale, ME 04344
      View Details
    • $625,000

      Farmingdale Mobile Home Park

      Well-maintained 14-site mobile home park near Augusta, Maine.
      6-38 Stevens Ln, Farmingdale, ME 04344
      View Details

    FAQs

    What type of property is this?
    Mixed-use property - Two buildings on 5 acres, suitable for commercial or residential.
    Where is this mixed-use property located?
    The property is located at 705 Maine Ave Farmingdale, ME.
    What is the asking price?
    The asking price for this property is $425,000.
    What are key features of this property?
    This property features: - 5 elevated acres overlooking the Kennebec River offer exceptional flexibility for commercial, mixed-use, or residential investment.; - Two buildings on the property provide multiple options for use, including residential, commercial, or rental income.; - Direct access to the Kennebec River Rail Trail, a popular walking and biking route.
    (207) 623-1123
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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
    705 Maine Ave Farmingdale, ME 04344
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