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    6 Church St Limestone, ME 04750

    For Sale
    $265,900

    13,295 SF, 0.45 Acres, $265,900

    Property size:
    13,295 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 13,295 square foot commercial building, situated on a 0.45-acre lot in Limestone, Maine, presents a unique redevelopment opportunity. Previously utilized as a dormitory for the Maine School of Science and Mathematics, this property offers significant potential for a variety of uses. The building is zoned for General Business, allowing for diverse commercial ventures. Conveniently located just off Main Street and Grand Falls Road, it enjoys excellent visibility and proximity to the Loring Commerce Center, ensuring high traffic and accessibility. The property includes 10 parking spaces, a valuable asset for any commercial operation. The asking price is $265,900. This is a single-tenancy property owned by the State of Maine, offering a rare chance to acquire a substantial building in a strategic location. The building's size and versatile zoning make it suitable for a range of commercial enterprises, from retail spaces to offices, or even a conversion back to educational or residential use, subject to necessary permits and approvals. The ample lot size provides room for expansion or outdoor amenities. This is an ideal investment for an owner-user seeking a prominent location in Aroostook County, Maine, with the potential for significant return on investment. The property's address is 6 Church Street, Limestone, ME 04750.

    Property Features for 6 Church St

    General Information

    Property type
    Schools
    Square Feet
    13,295 SF
    Lot Size
    19,602 SF

    HighLights

    • $265,900 asking price.
    • 13,295 SF commercial building on a 0.45‑acre lot.
    • Former Maine School of Science and Mathematics dormitory; redevelopment opportunity.
    • Located near Main Street, Grand Falls Road, and Loring Commerce Center.
    • Excellent visibility.
    • General Business zoning; 10 parking spaces.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Schools

    Suggested Use

    Spa & Massage Hair Salon Nail Salon Clothing Store Auto Repair Shop Gym & Fitness Wholesale Shop Hotel & Motel Auto Parts Store Department Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Limestone
    County
    Aroostook
    State
    Maine
    Longitude
    -67.8242259
    Latitude
    46.9112537

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    FAQs

    What type of property is this?
    School - 13,295 SF, 0.45 Acres, $265,900
    Where is this school located?
    The property is located at 6 Church St Limestone, ME.
    What is the asking price?
    The asking price for this property is $265,900.
    What are key features of this property?
    This property features: $265,900 asking price.; 13,295 SF commercial building on a 0.45-acre lot.; Former Maine School of Science and Mathematics dormitory; redevelopment opportunity.
    Request Owner's contact information
    6 Church St Limestone, ME 04750
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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
    6 Church St Limestone, ME 04750
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