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    393 Main St Calais, ME 04619

    For Sale
    $99,000

    Prime Main Street Location, Renovation Opportunity

    Property size:
    7,682 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    316
    This exceptional 7,682 square foot commercial property, located at 393 Main Street in the heart of downtown Calais, Maine, presents a unique investment opportunity. The four-story brick building boasts a prominent Main Street frontage, offering excellent visibility and accessibility. Recent improvements include a newer roof and several new windows, significantly enhancing the building's structural integrity and curb appeal. Extensive brickwork has also been completed, preserving the building's historic charm and character. Currently, the interior is undergoing a complete renovation, offering a blank canvas for a wide range of commercial uses. The 0.03-acre lot provides ample space for potential outdoor uses or expansion. The asking price of $99,000 represents a compelling value for a building of this size and location in a revitalizing downtown area. This property is ideal for developers, investors, or entrepreneurs seeking a substantial space to create a thriving business. The strategic location in downtown Calais offers proximity to local amenities, businesses, and a growing community. The opportunity to customize the interior to suit specific needs makes this a truly versatile property with significant upside potential. Don't miss this chance to acquire a piece of Calais's vibrant commercial landscape.

    Property Features for 393 Main St

    General Information

    Property type
    Other commercial real estate
    Square Feet
    7,682 SF
    Lot Size
    1,307 SF
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Calais
    County
    Washington
    State
    Maine
    Longitude
    -67.27767
    Latitude
    45.18876

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    FAQs

    What type of property is this?
    Commercial real estate - Prime Main Street Location, Renovation Opportunity
    Where is this commercial real estate located?
    The property is located at 393 Main St Calais, ME.
    What is the asking price?
    The asking price for this property is $99,000.
    (207) 454-2525
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    393 Main St Calais, ME 04619
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    Calais, ME 04619
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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
    393 Main St Calais, ME 04619
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