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    2301 Main St Rangeley, ME 04970

    For Sale
    $649,000

    Prime Rangeley location, multiple buildings, 1 acre.

    Property size:
    2,080 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    314
    This exceptional commercial property, situated at 2301 Main Street in Rangeley, Maine, presents a unique investment opportunity. Boasting a generous 1-acre flat lot, the property features multiple buildings totaling 2,080 square feet. Its strategic location directly on the snowmobile trail and in close proximity to ATV access makes it ideally suited for a variety of commercial ventures. Previously operating as Quick Sled Snowmobile Repair Shop, the property's versatility extends beyond its current use. The existing structures offer ample space for redevelopment or repurposing, presenting endless possibilities for a discerning buyer. The property's prime location offers stunning views of the town village and Rangeley Lake, enhancing its appeal and potential. Convenient sidewalks provide direct access to the town center, further increasing its desirability. This is a rare opportunity to acquire a substantial commercial property in a highly sought-after location with significant potential for growth and profitability. The combination of size, location, and existing structures makes this an exceptional investment opportunity in the vibrant town of Rangeley. The flat, one-acre lot provides ample space for expansion or additional development. Don't miss this chance to own a piece of Rangeley's thriving commercial landscape.

    Property Features for 2301 Main St

    General Information

    Property type
    Retail properties
    Square Feet
    2,080 SF
    Lot Size
    43,560 SF

    Building Details

    Year Built
    2003
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Retail properties

    Suggested Use

    Building Supply Restaurant Wholesale Shop Law Firm Dental Office Food Market Nail Salon Accounting Firm Realty agency Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Rangeley
    County
    Franklin
    State
    Maine
    Longitude
    -70.63885
    Latitude
    44.95897

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    FAQs

    What type of property is this?
    Retail property - Prime Rangeley location, multiple buildings, 1 acre.
    Where is this retail property located?
    The property is located at 2301 Main St Rangeley, ME.
    What is the asking price?
    The asking price for this property is $649,000.
    (207) 864-5777
    Request Owner's contact information
    2301 Main St Rangeley, ME 04970
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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
    2301 Main St Rangeley, ME 04970
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