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    59 Lake Rd Norway, ME 04268

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    Contact for pricing

    Adaptable retail or storage space with lake views in Norway.

    Property size:
    10,000 SF
    Lot size:
    6.65 Acres

    Property Features for 59 Lake Rd

    General Information

    Size
    10,000 SF
    Lot size
    6.65 Acres

    Source: Everett Realty Group Agent Shelly E. Everett

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Norway Lakefront Flexible Retail Space

    Located on the shoreline of Norway Lake at the end of Main Street in downtown Norway, this leasing opportunity offers a high-visibility location with scenic lake views and convenient access to Route 118. Up to 10,000 square feet is available and can be leased as a single unit or divided. Build-to-suit options are available. The property is suitable for retail, commercial, storage, artist studios, or seasonal use. It is located steps from downtown shops, restaurants, and waterfront trails, and offers year-round and seasonal visibility. Easy delivery access and on-site parking are available. An indoor self-storage business is present. Boat slips are available with lake access, scenic views, and proximity to downtown Norway.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Self storage facilities

    Suggested Use

    Restaurant Realty agency 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
    Norway
    County
    Oxford
    State
    Maine
    Longitude
    -70.5525752
    Latitude
    44.21375

    FAQs

    What type of property is this?
    Self storage facility - Adaptable retail or storage space with lake views in Norway.
    Where is this self storage facility located?
    The property is located at 59 Lake Rd Norway, ME.
    What are key features of this property?
    This property features: - High-visibility location on Norway Lake with convenient access to Route 118.; - Flexible leasing options for retail, commercial, storage, artist studios, or seasonal use.; - Up to 10,000 sq. ft. available with build-to-suit options.
    (207) 461-4249
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    59 Lake Rd Norway, ME 04268
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    Norway, ME 04268
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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
    59 Lake Rd Norway, ME 04268
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