Property profile

76 Main St South Paris, ME 04281

FOR SALE
Residential offices
Property ID
US42-0309520
4,025 SF 0.29 ac lot Built 1920
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Property summary

AI-generated overview

This exceptional mixed-use investment opportunity presents a 4,025 square foot building situated on a 0.29-acre lot in the heart of South Paris, Maine, at 76 Main Street, 04281. The property, identified by APN Map U7, Lot 87, is a two-story Class B building constructed in 1920 and extensively renovated in 2011. Currently vacant, it offers significant upside potential. The building features approximately 1,425 square feet of office space on the ground floor and a substantial 2,600 square foot apartment on the upper floors, creating a unique owner-occupier or rental income scenario. The property is zoned for commercial use and benefits from its prime location on Main Street, surrounded by established businesses including Ripley and Fletcher, Advanced Auto Parts, KFC, McDonald's, and an Oxford County Dealership. This presents a rare chance to acquire a well-maintained, versatile property in a thriving Maine community. The building consists of one structure with two units. The asking price is $399,000. This is a freehold ownership opportunity, not a ground lease.

Property profile

Verified
Property type Residential offices
Year built 1920
Total area 4,025 SF
Lot 0.29 ac (12,632 SF)
APN Map U7, Lot 87
UPID US42-0309520

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Insurance Agency

Location

76 Main St South Paris, ME 04281
South Paris metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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