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    99 State St Brewer, ME 04412

    New
    For Sale
    $395,000

    Residential Multi Family, Other - Brewer, ME

    Lot size:
    0.15 Acres
    Days on Market:
    2
    Last Refresh:
    Dec 5 at 7:06 am

    Property Features for 99 State St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bathroom 5
    Bathrooms
    5
    Lot size
    0.15 Acres

    Building Details

    Year built
    1900
    Architectural style
    Other

    NextHome, Inc

    Listing agent Melody Hartt (207) 573-7400 License #SA929659,PersonLicenseNumber

    Listing date Dec 4, 2025

    MLS# 1644469 Listing URL

    Copyright © 2025 NextHome, 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

    Multifamily with Commercial Space

    This well-maintained multifamily property in Brewer, Maine, presents an exceptional investment opportunity. The property features three residential units and a versatile commercial space on the first floor, offering multiple private offices. Situated on a 0.15-acre lot, this property is ideal for an owner-occupant or investor, providing strong rental potential and a chance to generate both residential and commercial income from a single location. The property is managed by Bangor Home Rentals, and two of the apartments are currently occupied.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Nancy L Murray ... Optometrist

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Brewer
    County
    Penobscot
    State
    Maine
    Longitude
    -68.7591095
    Latitude
    44.79350281

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    FAQs

    What type of property is this?
    Mixed-use property - Multifamily property with commercial space for owner-occupant or investor.
    Where is this mixed-use property located?
    The property is located at 99 State St Brewer, 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: - Rare opportunity to generate both residential and commercial income.; - Multifamily property with three residential units.; - **Versatile commercial space on the first floor with multiple private offices.**
    (207) 573-7400
    Request Owner's contact information
    99 State St Brewer, ME 04412
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    Brewer, ME 04412
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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
    99 State St Brewer, ME 04412
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