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    23 Main St Fairfield, ME 04937

    Sponsored
    For Sale
    $230,000

    Prime Commercial Garage, High Traffic Location

    Property size:
    1,276 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    This exceptional commercial property at 23 Main Street, Fairfield, ME, presents a lucrative investment opportunity. The 1,276 square foot building boasts a two-bay garage layout, ideal for automotive or workshop businesses. Recently updated features include a remodeled bathroom, main office, and exterior siding, creating a modern and inviting atmosphere. The property benefits from efficient forced-air heating with a recently updated unit, ensuring comfortable year-round operation. Strategically located just 1.8 miles (a 4-minute drive) from I-95, this location offers easy access and broad customer reach. Main Street's impressive daily traffic count of approximately 12,000 vehicles provides exceptional visibility and potential client exposure. The property features substantial road frontage of 214 feet on Main Street, maximizing its presence. The gross building area is approximately 1,250 square feet, offering a compact yet functional space. The 0.42-acre lot comprises two combined parcels. This is more than just a garage

    Property Features for 23 Main St

    General Information

    Property type
    Other commercial real estate
    Square Feet
    1,276 SF
    Lot Size
    18,295 SF

    Building Details

    Year Built
    1960
    Property Profile Location Intelligence

    Current Use by Public Records

    Keith's Getty Auto Repair Shop

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Fairfield
    County
    Somerset
    State
    Maine
    Longitude
    -69.60787
    Latitude
    44.57948

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    FAQs

    What type of property is this?
    Commercial real estate - Prime Commercial Garage, High Traffic Location
    Where is this commercial real estate located?
    The property is located at 23 Main St Fairfield, ME.
    What is the asking price?
    The asking price for this property is $230,000.
    (207) 210-5677
    Request Owner's contact information
    23 Main St Fairfield, ME 04937
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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
    23 Main St Fairfield, ME 04937
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