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    Historic Mixed-Use Building Title is generated by Realmo AI

    8 Monument Square, Dover Foxcroft, ME 04426

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    Claim this Listing
    New
    For Sale
    $379,000

    MULTI_FAMILY - Greek Revival, Colonial, Victorian - Dover-Foxcroft, ME

    Property size:
    4,401 SF
    Lot size:
    0.17 Acres
    Price / SF:
    $86/SF
    Added:
    Jun 4, 2026
    Days on Market:
    1
    Last Refresh:
    Jun 4 at 9:06 pm

    Property Features for 8 Monument Square

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Zoning
    downtown
    Bathrooms
    3
    Rooms
    Bathroom 1, Bathroom 3, Bathroom 2
    Parking features
    Offsite
    Basement
    Crawl Space, Unfinished, Full
    Standard status
    Active
    Size
    4,401 SF
    Lot size
    0.17 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Annual Amount
    4391

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Electric (Heating), Oil, Baseboard, Other (Heating)
    Cooling system
    Heat Pump
    Water source
    Public

    Building Details

    Year built
    1870
    Number of units
    2
    Flooring type
    Hardwood, Carpet, Laminate
    Building materials
    Wood Frame, Vinyl Siding
    Roof type
    Shingle
    Architectural style
    Victorian, Greek Revival, Colonial

    We can help!

    Listing Contact
    Dorothea Perkins

    Listing agent Dorothea Perkins

    Listing office Realty of Maine 64 E Main St. Suite G, Bangor, ME

    Listing date Jun 4, 2026

    MLS# 1664895 Listing URL

    Copyright © 2026 Maine Listings. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Antique‑style home built in 1870 with Victorian, Greek Revival, and Colonial architectural details
    • Flexible layout includes former dental office downstairs with multiple offices/exam rooms plus lab or potential kitchen space
    • Two full bathrooms and two half baths, with additional rooms listed as Bathroom 1, Bathroom 2, and Bathroom 3
    • Upstairs features a two‑story living space with vaulted ceilings, spacious bedrooms, and sun‑drenched windows
    • Heat pump cooling with electric and oil heating options; baseboard heating listed
    • Public water and public sewer; shingle roof with wood frame and vinyl siding; offsite parking and river views

    Overview

    This historic mixed-use building offers flexible live, work, or income configurations. The upstairs features a dramatic two-story owner’s quarters with vaulted ceilings, spacious bedrooms, period architectural details, and sunlit windows. Multiple fireplaces, inviting porches, and private entrances support everyday privacy and character-driven living. Outdoor space includes a fenced-in yard and patio area.

    The first-floor space was formerly used as a dental office and is set up with multiple offices/exam rooms, lab space or potential kitchen space, and two full bathrooms plus two half baths. A practical layout supports professional office use, wellness operations, or conversion to additional residential units if desired, including the ability to add another kitchen area for expanded apartment-style living. The property is located within downtown Dover-Foxcroft and offers river views, ample parking, and convenient walkability to shops, restaurants, schools, parks, and other downtown needs.

    For owner-occupants, the separation of upstairs living and downstairs professional space can support a work-from-home setup or a provider-style practice. For investors or developers, the existing medical-office configuration and strong period building features may simplify re-tenanting or reconfiguration into multiple residential units, subject to applicable approvals and design choices.
    Property Profile Location Intelligence

    Current Use by Public Records

    Smiles For Maine Orthodontics Dental Office Tableman G Kent ... Dental Office John W Clark ... Dental Office

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Dover Foxcroft
    County
    Piscataquis
    State
    Maine
    Longitude
    -69.231046
    Latitude
    45.184067

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    FAQs

    What type of property is this?
    Live-work space - Downtown historic property with upstairs two-story quarters and a former dental office layout with multiple exam rooms and bathrooms.
    Where is this live-work space located?
    The property is located at 8 Monument Square Dover Foxcroft, ME.
    What is the asking price?
    The asking price for this property is $379,000.
    What are key features of this property?
    This property features: Antique‑style home built in 1870 with Victorian, Greek Revival, and Colonial architectural details; Flexible layout includes former dental office downstairs with multiple offices/exam rooms plus lab or potential kitchen space; Two full bathrooms and two half baths, with additional rooms listed as Bathroom 1, Bathroom 2, and Bathroom 3
    (207) 279-0571
    We can help!
    Listing Contact
    Dorothea Perkins
    Request Owner's contact information
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    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.

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    8 Monument Square, Dover-Foxcroft, ME 04426
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