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    48 Commercial St Boothbay Harbor, ME 04538

    For Sale
    $1,400,000

    9,750 SF retail property with harbor access.

    Property size:
    9,750 SF
    Lot size:
    0.15 Acres

    Property Features for 48 Commercial St

    General Information

    Size
    9,750 SF
    Lot size
    0.15 Acres

    Source: F.O. Bailey Real Estate Agent Robert Baldacci

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

    Overview

    Harbor Front Retail Opportunity

    This 9,750 square foot retail property is located in a prime harbor front location. The property features three tenants and an opportunity to add value through the redevelopment of the third floor space. A 360 square foot dock and float system provides immediate access to the harbor.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Kaler's Restaurant Seafood Restaurant

    Suggested Use

    Realty agency Restaurant Law Firm Building Supply Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Nail Salon Auto Parts Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Boothbay Harbor
    County
    Lincoln
    State
    Maine
    Longitude
    -69.6288792
    Latitude
    43.850256

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    FAQs

    What type of property is this?
    Retail space - 9,750 SF retail property with harbor access.
    Where is this retail space located?
    The property is located at 48 Commercial St Boothbay Harbor, ME.
    What is the asking price?
    The asking price for this property is $1,400,000.
    What are key features of this property?
    This property features: - Prime harbor front location; - 9750 sf property; - Opportunity to add value with redevelopment of third floor
    (207) 756-2063
    Request Owner's contact information
    48 Commercial St Boothbay Harbor, ME 04538
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    Boothbay Harbor, ME 04538
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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
    48 Commercial St Boothbay Harbor, ME 04538
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