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    185 Main St Cornish, ME 04020

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    For Sale
    $3,600,000

    20,032 SF center with retail, lodging, and development potential.

    Property size:
    20,032 SF
    Lot size:
    6.13 Acres

    Property Features for 185 Main St

    General Information

    Size
    20,032 SF
    Lot size
    6.13 Acres

    Source: Malone Commercial Brokers Agent Mike Anderson

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

    Overview

    Mixed-Use Retail and Lodging Center

    This property features a 20,032 square foot center situated on approximately 6.13 acres. The first floor is fully leased to retail tenants, including a full-service restaurant, barber shop, hair salon, and cannabis store. Additionally, a four-bay garage space is available for lease on the first floor. The second floor offers ten lodging rooms, each with private bathrooms and other amenities. The property also includes a separate 1.38-acre developable lot, suitable for a building of up to 15,000 square feet, presenting opportunities for various uses. The developable lot can be sold separately.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    LibertyX Bitcoin ATM Atm Stone Ridge Lodge Lodge Green Tip Cannabis Store Sugar Shack Cafe Cafe Valley Purveyors Cannabis Store

    Suggested Use

    Restaurant Realty agency Building Supply Spa & Massage Wholesale Shop Hair Salon Clothing Store Nail Salon Gym & Fitness Hotel & Motel

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

    Location Insight

    • Map
    • Local Demand
    City
    Cornish
    County
    York
    State
    Maine
    Longitude
    -70.7877355
    Latitude
    43.8007039

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    FAQs

    What type of property is this?
    Shopping center - 20,032 SF center with retail, lodging, and development potential.
    Where is this shopping center located?
    The property is located at 185 Main St Cornish, ME.
    What is the asking price?
    The asking price for this property is $3,600,000.
    What are key features of this property?
    This property features: - Fully leased 1st floor retail spaces provide immediate income.; - Includes a 1.38+\/- acre developable lot suitable for up to 15,000 SF building, with the option to sell separately.; - Second floor features 10 lodging rooms with private bathrooms.
    (207) 358-7028
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    185 Main St Cornish, ME 04020
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    Cornish, ME 04020
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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
    185 Main St Cornish, ME 04020
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