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    157 Broadway Lincoln, ME 04457

    Sponsored
    For Sale
    $349,000

    Prime commercial space, high traffic, ample parking.

    Property size:
    6,040 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    337
    This exceptional 6,040 square foot retail property is situated on 0.86 acres at 157 W Broadway in Lincoln, ME. Its prime location on a busy main road ensures maximum visibility and accessibility, making it ideal for a variety of businesses. The expansive showroom boasts a large, open-concept design with abundant natural light, perfect for showcasing products and creating a welcoming atmosphere. The versatile layout offers ample space for retail displays, offices, storage, or any combination to suit specific business needs. Generous on-site parking is available for both staff and customers, ensuring convenience and ease of access. This property presents a rare opportunity to establish or expand a business in a thriving community. Lincoln's strategic location and growing population provide a strong foundation for commercial success. The property's combination of functionality, location, and visibility makes it an attractive investment for entrepreneurs and established businesses seeking a prominent presence in a desirable area. The asking price is $349,000.

    Property Features for 157 Broadway

    General Information

    Property type
    Retail properties
    Square Feet
    6,040 SF
    Lot Size
    37,462 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    At Home Furniture, Appliance ... Appliance Store

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Lincoln
    County
    Penobscot
    State
    Maine
    Longitude
    -68.5201
    Latitude
    45.36148

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    Nearby Similar for Sale

    • $199,000
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    FAQs

    What type of property is this?
    Retail property - Prime commercial space, high traffic, ample parking.
    Where is this retail property located?
    The property is located at 157 Broadway Lincoln, ME.
    What is the asking price?
    The asking price for this property is $349,000.
    (888) 439-8743
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    157 Broadway Lincoln, ME 04457
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    Lincoln, ME 04457
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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
    157 Broadway Lincoln, ME 04457
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