Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    184 Route 108 Rumford, ME 4276

    View on Map
    Claim this Listing
    New
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $499,900

    6,800 sq ft commercial property with recent upgrades.

    Type:Commercial
    Property size:
    6,800 SF
    Added:
    Apr 26, 2026
    Days on Market:
    5
    Last Refresh:
    Apr 26 at 10:46 am

    Property Features for 184 Route 108

    General Information

    Standard status
    Active
    Size
    6,800 SF
    Property subtype
    Commercial

    Building Details

    Year Built
    1890

    We can help!

    Listing Contact
    Nicole Fitzgerald

    Listing agent Nicole Fitzgerald

    Listing office Coldwell Banker Lifestyles

    Listing date Apr 26, 2026

    Source Elliman

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

    All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Lifestyles

    Overview

    Restaurant, Bar and Event Venue

    This commercial property offers 6,800 sq. ft. of structurally and mechanically sound space with numerous recent upgrades. Currently operating as a restaurant, bar, and event venue, the main level includes a spacious dining area with a long, inviting live-edge bar with refrigeration, a commercial kitchen, and a large hall suitable for entertainment, dancing, and dining. The function hall upstairs has seating for 100 with a live edge wood bar area and a private bathroom. Both floors feature new tongue and groove walls and lighting. Ample parking is available with convenient access to the main floor. Essential systems, including fire and sprinkler and plumbing, have been upgraded in the past 2 years, ensuring the facility is ready for continued operation and growth. The property is located near newly cut trails.
    Location Intelligence

    Current Use by Public Records

    Bars & Pubs

    Suggested Use

    Restaurant Real Estate Agency Building Supply Big Box & Wholesale Store Auto Repair Shop Pharmacy Auto Parts Store Food Market Bar & Pub Discount Store

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

    Similar Places Nearby

    • Oakdale Country Club — 13 Country Club Rd, Mexico, ME 04257

    Location Insight

    • Map
    • Local Demand
    City
    Rumford
    County
    Oxford
    State
    Maine
    Longitude
    -70.5195743
    Latitude
    44.5355683

    Nearby Similar for Sale

    • $499,900
      6,812 SF

      Rumford Commercial Restaurant and Venue

      6,800 sq ft restaurant, bar, and event venue for sale.
      184 Route 108, Rumford, ME 04276
      View Details
    • $499,900

      Rumford Commercial Property with Upgrades

      Turnkey restaurant, bar, and event venue with recent upgrades.
      184 Route 108, Rumford, ME 04276
      View Details
    • $189,900
      7,500 SF

      Versatile Commercial Building in Rumford

      7,500 SF commercial building in downtown Rumford.
      102 Congress Street, Rumford, ME 04276
      View Details
    • $389,900
      8,682 SF

      Rumford Six-Unit Apartment Building

      Centrally located six-unit apartment building in Rumford, Maine.
      322 Hancock Street, Rumford, ME 04276
      View Details
    • $5,250,000
      74,154 SF

      Expansive Commercial Property on Route 2

      74,000+ sq ft commercial space on 16.69 acres.
      1180 Route 2, Rumford, ME 04276
      View Details
    • $385,000
      7,157 SF

      Former Auto Body Repair Shop

      Versatile 7,157 sq. ft. commercial building on 0.69 acres.
      70 Essex Avenue, Rumford, ME 04276
      View Details
    • $225,000
      2,700 SF

      Well-Maintained Three-Unit Income Property

      Three-unit property with updates and income potential in Rumford, ME.
      76 Maine Avenue, Rumford, ME 04276
      View Details
    • $139,900
      1,792 SF

      Mixed-Use Property in Rumford, ME

      Versatile mixed-use property with residential units and office space.
      620 Crescent Avenue, Rumford, ME 04276
      View Details
    • $199,000
      2,340 SF

      Updated Three-Family Property in Rumford

      Updated three-family property near shopping with off-street parking.
      551 Waldo Street, Rumford, ME 04276
      View Details
    • Contact for pricing

      Retail Investment Opportunity in Rumford

      100% leased retail property with long-term, creditworthy tenants.
      65 Falmouth Street, Rumford, ME 04276
      View Details
    • $1,275,000
      26,572 SF

      Historic Mixed-Use Investment Opportunity

      Mixed-use building with retail and apartments in Rumford, Maine.
      25 Hartford St, Rumford, ME 04276
      View Details
    • $5,250,000
      74,154 SF

      Spacious Warehouse on Route 2

      74,000+ sq ft commercial property on 16.69 acres.
      1180 US-2, Rumford, ME
      View Details

    FAQs

    What type of property is this?
    Bar & Pub - 6,800 sq ft commercial property with recent upgrades.
    Where is this bar & pub located?
    The property is located at 184 Route 108 Rumford, ME.
    What is the asking price?
    The asking price for this property is $499,900.
    What are key features of this property?
    This property features: 6,800 sq. ft. commercial space ideal for restaurant, bar, and event venue; Upgraded essential systems (fire, sprinkler, plumbing) within the last 2 years; **Function hall upstairs with seating for 100, live edge wood bar, and private bathroom**
    (781) 308-3188
    We can help!
    Listing Contact
    Nicole Fitzgerald
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!