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    49 Congress St Rumford, ME 04276

    Sponsored
    For Sale
    $649,900

    Class A Office, 14,030 SF, Downtown Location

    Property size:
    14,030 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional Class A office building presents a rare opportunity in the heart of Rumford, Maine. Spanning 14,030 square feet across three stories, this freestanding property boasts a desirable location on Congress Street, surrounded by established businesses including Walgreens, Dunkin', USPS, United Insurance, and Hotel Rumford. The building features a well-maintained interior with attractive architectural details, large windows providing ample natural light, and a bright, welcoming lobby. Convenient elevator access serves all three floors, ensuring easy navigation. Safety is prioritized with a comprehensive sprinkler system installed throughout. The property sits on a 0.28-acre lot and is zoned for commercial use, offering flexibility for a variety of uses. The building's excellent condition and prime location make it an ideal investment for discerning buyers seeking a high-quality office space in a thriving downtown area. The property's Assessed Parcel Number (APN) is Map 117, Lot 264. This is a turn-key opportunity to acquire a significant commercial asset in a desirable Maine location. The asking price is $649,900.

    Property Features for 49 Congress St

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    14,030 SF
    Class
    A
    Lot Size
    12,197 SF

    Building Details

    Stories
    3

    HighLights

    • Class A, 14,030 SF, three‑story office building in Rumford, ME.
    • Desirable Congress Street location near Walgreens, Dunkin', USPS, and other businesses.
    • Well‑maintained interior with large windows, bright lobby, and elevator access.
    • Features a sprinkler system and sits on a 0.28‑acre lot, commercially zoned.
    • APN: Map 117, Lot 264; Asking price: $649,900.
    Property Profile 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 Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Rumford
    County
    Oxford
    State
    Maine
    Longitude
    -70.545966383451
    Latitude
    44.544872394238

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    FAQs

    What type of property is this?
    Office Property / Space - Class A Office, 14,030 SF, Downtown Location
    Where is this office property / space located?
    The property is located at 49 Congress St Rumford, ME.
    What is the asking price?
    The asking price for this property is $649,900.
    What are key features of this property?
    This property features: Class A, 14,030 SF, three-story office building in Rumford, ME.; Desirable Congress Street location near Walgreens, Dunkin', USPS, and other businesses.; Well-maintained interior with large windows, bright lobby, and elevator access.
    (207) 553-1723
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    49 Congress St Rumford, ME 04276
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    Rumford, ME 04276
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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
    49 Congress St Rumford, ME 04276
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