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    Flexible Office Building with Meeting Rooms Title is generated by Realmo AI

    10 Knowlton Street, Camden, ME 04843

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    For Sale
    $995,000

    COMMERCIAL - Camden, ME

    Property size:
    8,619 SF
    Lot size:
    0.68 Acres
    Price / SF:
    $115/SF
    Added:
    Jun 4, 2026
    Days on Market:
    2
    Last Refresh:
    Jun 5 at 3:06 am

    Property Features for 10 Knowlton Street

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Zoning
    B-1
    Rooms
    Basement
    Parking features
    Off Street
    Interior features
    Storage
    Basement
    Partial, Walk-Out Access, Daylight, Unfinished
    Standard status
    Active
    Size
    8,619 SF
    Lot size
    0.68 Acres

    Taxes and HOA fees

    Tax Year
    2024
    Tax Annual Amount
    9169

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Electric (Heating), Zoned, Oil, Baseboard, Heat Pump (Heating), Hot Water(Heating)
    Cooling system
    Heat Pump
    Water source
    Public

    Building Details

    Year built
    2001
    Flooring type
    Linoleum, Wood, Carpet
    Building materials
    Steel Frame, Wood Frame, Wood Siding
    Roof type
    Shingle
    Additional Structures
    Storage

    We can help!

    Listing Contact
    Mary Holmes

    Listing agent Mary Holmes

    Listing office Camden Real Estate Company 43 Elm Street, Camden, ME

    Listing date Jun 4, 2026

    MLS# 1665544

    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

    • Built in 2001 with an approximately 6,633 SF versatile commercial building on slab foundation
    • B‑1 zoning with space suited for professional, medical, educational, childcare, nonprofit, restaurant, hotel and inn uses
    • Flexible layout with two distinct wings, each featuring a large meeting/conference room and multiple private offices
    • Restrooms include two separate two‑stall restrooms in one wing plus an additional restroom in the other
    • Dry fire sprinkler system spans the entire building; heating includes central oil‑fired system plus four heat pumps
    • Outdoor space includes a 1,760 SF deck and a 226 SF covered entrance porch; includes off‑street parking and two storage/outbuildings totaling ~288 SF

    Overview

    Built in 2001, this versatile office building provides approximately 6,633 square feet of professionally designed space configured into two distinct wings. Each wing includes a large meeting or conference room and multiple private offices, supported by a centrally located kitchen. Restroom facilities include two separate two-stall restrooms in one wing and an additional two-stall restroom in the other. The building is protected by a dry fire sprinkler system throughout. It sits on a slab foundation with a partial basement that offers daylight walkout access, includes some mechanical systems, and provides additional utility and storage space. Heating is served by a central oil-fired system supplemented by four heat pumps for year-round heating and cooling.

    The property is located in the B-1 zoning district and is described as suitable for a wide range of professional and community-oriented uses, including medical, educational, childcare, nonprofit, restaurant, hotel, and inn uses. Outdoor amenities include a 1,760-square-foot deck and a 226-square-foot covered entrance porch, along with additional paved area behind the building.

    With flexible floor plan layout across two wings and multiple meeting rooms, the building can accommodate single- or multi-tenant occupancy. The combination of indoor private office space, centralized kitchen, and dedicated outdoor areas supports both everyday operations and hosted gatherings. Additional storage flexibility is provided by two storage or outbuildings totaling approximately 288 square feet.
    Property Profile Location Intelligence

    Current Use by Public Records

    Atlantic Academy, Inc. High School

    Suggested Use

    Real Estate Agency Law Firm Restaurant Dental Office Spa & Massage Center Hair Salon Nail Salon Building Supply Gym & Fitness Center Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Camden
    County
    Knox
    State
    Maine
    Longitude
    -69.0707094
    Latitude
    44.2102752

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    FAQs

    What type of property is this?
    Office building - Built in 2001 with two wings, multiple private offices, and meeting space, plus outdoor decks and covered entry.
    Where is this office building located?
    The property is located at 10 Knowlton Street Camden, ME.
    What is the asking price?
    The asking price for this property is $995,000.
    What are key features of this property?
    This property features: Built in 2001 with an approximately 6,633 SF versatile commercial building on slab foundation; B‑1 zoning with space suited for professional, medical, educational, childcare, nonprofit, restaurant, hotel and inn uses; Flexible layout with two distinct wings, each featuring a large meeting/conference room and multiple private offices
    (207) 542-8626
    We can help!
    Listing Contact
    Mary Holmes
    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.

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