Mixed-Use Property with
For Sale
$395,000
82 Libby Hill Road, Oakland, ME 04963
Commercial Sale, Oakland, ME
Property Size4,112 SF
Lot Size1.24 Acres
Price / SF$96.06
Days on Market93
Property Features for 82 Libby Hill Road
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
Commercial
Rooms
Basement
Basement
Finished, Full
Lot features
Business District, Near Shopping, Office Park
Standard status
Active
Size
4,112 SF
Lot size
1.24 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
3732
HOA Fee
$175 Annually
Utilities
Sewer type
Septic Tank, Private Sewer
Heating system
Electric (Heating), Heat Pump (Heating), Forced Air, Oil
Cooling system
Central Air, Heat Pump
Water source
Private, Well
Building Details
Year built
1979
Flooring type
Wood, Carpet, Vinyl
Building materials
Wood Frame, Brick, Wood Siding
Roof type
Shingle
Listing Agency:
Harborview Properties, Inc.
Listed By:
Francis Curran
(207) 878-7802
Added: Jul 7
Changed: Sep 12
Last Checked: Oct 7 at 11:06AM
MLS# 1656965
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.
Investment Insights
Based on property information with market context.
This 4,112-square-foot commercial property occupies 1.24 acres and is currently used for printing and embroidery operations. The building includes a second-floor three-bedroom apartment, a full basement, and a flexible interior arrangement. Construction includes wood frame, brick, and wood siding, with carpet, wood, and vinyl flooring. Heating is provided by forced air, heat pump, electric, and oil systems, while cooling includes heat pump and central air equipment.
Built in 1979, the property is located at 82 Libby Hill Road in Oakland, Maine. It has Commercial zoning, a private well water source, septic tank and private sewer systems, and a shingle roof. The apartment is currently being used in connection with the business, and the basement provides additional operating or storage space.
Built in 1979, the property is located at 82 Libby Hill Road in Oakland, Maine. It has Commercial zoning, a private well water source, septic tank and private sewer systems, and a shingle roof. The apartment is currently being used in connection with the business, and the basement provides additional operating or storage space.
Key Highlights
- 4,112 square feet on 1.24 acres
- Commercial zoning
- Second‑floor 3‑bedroom apartment
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$25,958
Cap Rate
6.57%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$519,160
$519.2K
Cap Rate 7%
$370,829
$370.8K
Cap Rate 9%
$288,422
$288.4K
Market Conditions
NOI Build-Up for 4,112 SF
Gross rent
$41.0K $9.96/SF
− Vacancy
−$1.0K −$0.25/SF
EGI
$39.9K $9.71/SF
− OpEx
−$14.0K −$3.40/SF
NOI
$26.0K $6.31/SF
Area
Kennebec County, ME
Vacancy
2.49%
Lease Rate
$9.96 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$519,160
Cap Rate 7%
$370,829
Cap Rate 9%
$288,422
Alternative Uses
Best Use
Industrial
$5.05M
$4.42M – $5.89M
NOI $353,648 @ 7.0% cap · market cap 89.53%
Second Best
Mixed Use
$606.0K
$530.3K – $707.0K
NOI $42,420 @ 7.0% cap · market cap 10.74%
Theoretical Best
Warehouse
$6.13M
$5.37M – $7.16M
NOI $429,429 @ 7.0% cap · market cap 108.72%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
1
Residential units
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
44
Businesses Nearby
Explore this area
Business Placement
Demographics for 04963, ME
7,358
Population
4,279
Households
1.7
Avg Household Size
45
Median Age
24%
College-Educated
95%
High-School Grad
51.1 sq mi
ZIP Area
144
Density / Sq Mi
$73,611
Median Household Income
$49,913
Median Earnings
$885
Median Rent
$228,200
Median Home Value
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Market
Vacancy Rate% for Industrial in Northeast region
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Commercial-zoned property includes a full basement and second-floor three-bedroom apartment.
Where is this mixed-use property located?
The property is located at 82 Libby Hill Road Oakland, ME.
What is the asking price?
The asking price for this property is $395,000.
What are key features of this property?
This property features: 4,112 square feet on 1.24 acres; Commercial zoning; Second‑floor 3‑bedroom apartment
