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    562 Ledge Hill Rd Corinth, ME 04427

    Sponsored
    For Sale
    $159,000

    Versatile 1,656 sq ft building on half-acre.

    Property size:
    1,656 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    337
    This 1,656 square foot mixed-use building, located at 562 Ledge Hill Road in Corinth, Maine, presents a unique opportunity for a variety of commercial or residential ventures. Situated on a half-acre lot, the property offers ample space and flexibility. The building features an open floor plan, allowing for easy customization to suit diverse needs. Its solid construction ensures durability and longevity. The absence of zoning regulations in Corinth provides considerable freedom in terms of permitted uses. While the property's open layout makes it ideal for conversion into a comfortable residence, its size and adaptability also make it suitable for a range of commercial applications, from small businesses to workshops or studios. The property's location in Corinth, Maine, offers a blend of rural tranquility and accessibility. This versatile property is priced affordably at $159,000, representing a compelling investment opportunity for those seeking a flexible space with significant potential. The property is also listed separately as residential under MLS ID 1605815. Serious inquiries are encouraged to explore the possibilities this unique property offers.

    Property Features for 562 Ledge Hill Rd

    General Information

    Property type
    Mixed-use properties
    Square Feet
    1,656 SF
    Lot Size
    21,780 SF

    Building Details

    Year Built
    1890
    Location Intelligence

    Current Use by Public Records

    Mixed-use properties

    Suggested Use

    Pawn Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Corinth
    County
    Penobscot
    State
    Maine
    Longitude
    -69.02386
    Latitude
    44.95436

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    FAQs

    What type of property is this?
    Mixed-use property - Versatile 1,656 sq ft building on half-acre.
    Where is this mixed-use property located?
    The property is located at 562 Ledge Hill Rd Corinth, ME.
    What is the asking price?
    The asking price for this property is $159,000.
    (207) 942-6711
    Request Owner's contact information
    562 Ledge Hill Rd Corinth, ME 04427
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    Corinth, ME 04427
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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
    562 Ledge Hill Rd Corinth, ME 04427
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