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    863+867 Main Rd Rd Islesboro, ME 04848

    • Mixed-use properties
    • 5,592 SF
    • 17.30 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Mixed-use properties

    Property Details for 863+867 Main Rd Rd

    Year built
    1950
    Lot size
    17.30 lot acres
    Property size
    5,592 SF
    Property type
    Mixed-use properties

    Description

    Own a piece of Islesboro history with this 5,592 sq ft mixed-use property encompassing a thriving general store and a spacious 3-bedroom, 1-bathroom house. The general store, operating for over 70 years, offers groceries, deli, prepared foods, and more, including alcohol and lottery. A full kitchen allows for expanded food service options. The large basement provides ample storage. The house features a large kitchen, living room, porch, and a bonus room, plus a two-bay garage (formerly a fire station) with potential for conversion. A partially finished apartment is also available. The 17.3-acre lot includes parking and a fire pond. High-speed internet (1-gigabit) is available. Included in the sale are a freight truck and store equipment. The property offers endless possibilities for expansion and diversification. The store and house are situated on 16 acres, with an additional acre for parking.

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Islesboro
    County
    Waldo
    State
    Maine
    Longitude
    -68.9081
    Latitude
    44.2899

    Comparable in this City

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    • Value Estimation by Request
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      210 Pendleton Pt Rd

      CHARITABLE ORGANIZATION • 1,173 SF
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      View Details

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    Islesboro, ME 04848
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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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