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    76 Main St Paris, ME 04281

    Sponsored
    For Sale
    $399,000

    Prime Main Street location, vacant, high potential.

    Property size:
    4,025 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    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 Features for 76 Main St

    General Information

    Property type
    Residential offices
    Square Feet
    4,025 SF
    Class
    B
    Lot Size
    12,632 SF

    Building Details

    Year Built/Renovated
    1920/2011
    Buildings
    1
    Stories
    2
    Units
    2

    HighLights

    • $399,000 asking price for a vacant mixed‑use property.
    • 4,025 square foot building on a 0.29‑acre lot in South Paris, ME.
    • The building features 1,425 square feet of office space and a 2,600 square foot apartment.
    • Renovated in 2011.
    • Located on Main Street in downtown South Paris, near established businesses.
    • Ideal for owner‑occupancy with potential rental income.
    Property Profile Location Intelligence

    Current Use by Public Records

    Rd Johnson Agency ... Insurance Agency

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Paris
    County
    Oxford
    State
    Maine
    Longitude
    -70.5160258
    Latitude
    44.2201371

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    Nearby Similar for Sale

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    FAQs

    What type of property is this?
    Residential office - Prime Main Street location, vacant, high potential.
    Where is this residential office located?
    The property is located at 76 Main St Paris, ME.
    What is the asking price?
    The asking price for this property is $399,000.
    What are key features of this property?
    This property features: $399,000 asking price for a vacant mixed-use property.; 4,025 square foot building on a 0.29-acre lot in South Paris, ME.; The building features 1,425 square feet of office space and a 2,600 square foot apartment.
    Request Owner's contact information
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    Paris, ME 04281
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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
    76 Main St Paris, ME 04281
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