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    Property profile & analytics

    157 Elm St Milo, ME 04463

    • Commercial real estate
    • 4,668 SF
    • 1.10 lot acres
    For Sale
    View listing
    $450,000
    Value Estimation
    Location Intelligence
    Property ID
    US42-0067432
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Commercial real estate

    Property Details for 157 Elm St

    Lot size
    1.10 lot acres
    Property size
    4,668 SF
    Property type
    Commercial real estate

    Description

    This exceptional turnkey business opportunity in Milo, ME, presents a fully operational restaurant and brewery ready for immediate revenue generation. The property, located at 157 Elm Street, encompasses 4,668 square feet on a 1.1-acre lot and is priced at $450,000. The restaurant boasts a spacious and trendy interior dining area with seating for 85 patrons, complemented by a charming 55-seat outdoor patio featuring a refurbished 1920s caboose and plastic enclosures extending the outdoor season. An outdoor concert space provides additional entertainment options. The state-of-the-art kitchen is fully equipped with cold storage and high-end appliances, ensuring seamless operations. The brewery is a unique feature, designed for mixed-fermentation beers, wood aging, and spontaneous fermentation. It includes a rare open fermentation room—one of only three in the state—allowing for efficient and creative brewing. The brewing space can be leased separately, offering flexibility for potential buyers interested solely in the restaurant operation. This property offers a unique blend of culinary and brewing opportunities with an established customer base, promising immediate returns on investment.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Milo
    County
    Piscataquis
    State
    Maine
    Longitude
    -68.97187
    Latitude
    45.24188

    Comparable in this City

    • $35,000
      0.25 Acres

      Medford Land Bordering ATV Trail

      Land in Medford, Maine, bordering ATV/snowmobile trail.
      493 Paddy Hill Rd, Medford, ME 04463
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      1.00 Acre

      Acre Lot Near Boyd Lake

      One acre lot, paved road, near Boyd Lake.
      1598 Elm St, Milo, ME 04463
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      0.18 Acres

      Corner Lot in Milo, Maine

      0.18 acre corner lot suitable for a home or investment.
      4 Daggett St, Milo, ME 04463
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    • $146,000
      3.66 Acres

      Land Near Downtown Sanford

      3.66 acres near downtown Sanford and Sebec River.
      64 Sanford Ave, Milo, ME 04463
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      3.00 Acres

      Land in Rural Milo, Maine

      3-acre lot suitable for building a home or camp.
      Dunham Rd, Milo, ME 04463
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      3.20 Acres

      Land on Dead End Road

      3.2 acres perfect for camp home or weekend getaway.
      Turner Howe Rd, Milo, ME 04463
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    Similar Nearby for Sale

    • $35,000
      0.25 Acres

      Medford Land Bordering ATV Trail

      Land in Medford, Maine, bordering ATV/snowmobile trail.
      493 Paddy Hill Rd, Medford, ME 04463
      View Details
    • Contact for pricing
      1.00 Acre

      Acre Lot Near Boyd Lake

      One acre lot, paved road, near Boyd Lake.
      1598 Elm St, Milo, ME 04463
      View Details
    • Contact for pricing
      0.18 Acres

      Corner Lot in Milo, Maine

      0.18 acre corner lot suitable for a home or investment.
      4 Daggett St, Milo, ME 04463
      View Details
    • $146,000
      3.66 Acres

      Land Near Downtown Sanford

      3.66 acres near downtown Sanford and Sebec River.
      64 Sanford Ave, Milo, ME 04463
      View Details
    • Contact for pricing
      3.00 Acres

      Land in Rural Milo, Maine

      3-acre lot suitable for building a home or camp.
      Dunham Rd, Milo, ME 04463
      View Details
    • Contact for pricing
      3.20 Acres

      Land on Dead End Road

      3.2 acres perfect for camp home or weekend getaway.
      Turner Howe Rd, Milo, ME 04463
      View Details
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    157 Elm St
    Milo, ME 04463
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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
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