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    245 Main St Fairfield, ME 04937

    Sponsored
    For Sale
    $195,000

    High-traffic location, excellent visibility. Great investment opportunity.

    Property size:
    1,978 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    This exceptional mixed-use property, situated at 245 Main Street in Fairfield, Maine, presents a compelling investment opportunity for discerning entrepreneurs. Boasting 1,978 square feet on a 0.59-acre lot, this highly visible commercial site enjoys a prime location in the heart of Fairfield, offering unparalleled access to two I-95 on/off ramps. The property benefits from a flat, easily accessible lot, ensuring optimal visibility and convenient customer access. Its strategic placement within a bustling commercial area guarantees high traffic volume, providing an ideal platform for a diverse range of businesses. The property is further enhanced by the availability of city water and city sewer services, simplifying operational logistics and reducing infrastructure concerns. The presence of numerous complementary businesses in the immediate vicinity creates a synergistic environment, fostering a supportive and thriving commercial ecosystem. This location is perfect for businesses seeking high visibility and convenient access to major transportation arteries. The property's size and location make it suitable for a variety of uses, making it an attractive investment for those seeking a strong return on their investment. Don't miss this chance to establish your business in a thriving commercial hub. The asking price is $195,000.

    Property Features for 245 Main St

    General Information

    Property type
    Mixed-use properties
    Square Feet
    1,978 SF
    Lot Size
    25,700 SF

    Building Details

    Year Built
    1900
    Property Profile Location Intelligence

    Current Use by Public Records

    Mixed-use properties

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Fairfield
    County
    Somerset
    State
    Maine
    Longitude
    -69.59552
    Latitude
    44.59216

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    FAQs

    What type of property is this?
    Mixed-use property - High-traffic location, excellent visibility. Great investment opportunity.
    Where is this mixed-use property located?
    The property is located at 245 Main St Fairfield, ME.
    What is the asking price?
    The asking price for this property is $195,000.
    (207) 872-7650
    Request Owner's contact information
    245 Main St Fairfield, ME 04937
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    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
    245 Main St Fairfield, ME 04937
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