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    142 Main St Fort Kent, ME 04743

    For Sale
    $289,000

    Prime location, versatile space, great potential

    Property size:
    2,328 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional commercial property at 142 West Main Street, Fort Kent, ME, 04743, presents a unique investment opportunity. Boasting 2,328 square feet of space on a 0.23-acre lot, this building offers a prime downtown location with high visibility and ample street parking. The property features both front and rear entries, and a private parking lot accessible via two rights-of-way. Recent updates include a 2021 storefront renovation, new siding and entryway, and two new front windows. Other improvements include a 2019 cement block foundation under the back porch, a 2010 electrical upgrade with 220V service, a new electrical panel, a 2009 pellet stove, 2008 attic and north wall insulation, and a 2007 metal roof. Previous uses include medical offices, a mini-mall, and a café, demonstrating the property's versatility. The building also includes basement storage and outdoor seating areas, both front and back. This property is ideal for a variety of businesses and offers a chance to establish a thriving enterprise in a desirable downtown location. The asking price is $289,000.

    Property Features for 142 Main St

    General Information

    Property type
    Land
    Square Feet
    2,328 SF
    Lot Size
    10,019 SF

    HighLights

    • 2,328 SF commercial building on a 0.23‑acre lot in downtown Fort Kent, ME.
    • High visibility location with ample street parking and private lot accessed via two rights‑of‑way.
    • Features front and rear entries, basement storage, and front & rear outdoor seating.
    • Recent renovations include a 2021 storefront update, new siding/entryway, and two new front windows.
    • Significant upgrades include a 2010 electrical upgrade (220V), new electrical panel, 2009 pellet stove, and 2007 metal roof.
    • Versatile property previously used as medical offices, mini‑mall, and café.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Fort Kent
    County
    Aroostook
    State
    Maine
    Longitude
    -68.608081
    Latitude
    47.2452629

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    FAQs

    What type of property is this?
    Land - Prime location, versatile space, great potential
    Where is this land located?
    The property is located at 142 Main St Fort Kent, ME.
    What is the asking price?
    The asking price for this property is $289,000.
    What are key features of this property?
    This property features: 2,328 SF commercial building on a 0.23-acre lot in downtown Fort Kent, ME.; High visibility location with ample street parking and private lot accessed via two rights-of-way.; Features front and rear entries, basement storage, and front & rear outdoor seating.
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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
    142 Main St Fort Kent, ME 04743
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