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Property profile & analytics

157 Broadway Lincoln, ME 04457

  • Retail space
  • 0.86 lot acres
Value Estimation
Location Intelligence
Property ID
US42-0252372
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

  • At Home Furniture, Appliance & Bedding / Appliance Store / Bedding Store

Property Details for 157 Broadway

Lot size
0.86 lot acres
Zone code
DOWNTO
Property type
Retail space
APN
LNCN M:135 L:005
APU
LNCNM135L005

Description

This exceptional 6,040 square foot retail property is situated on 0.86 acres at 157 W Broadway in Lincoln, ME. Its prime location on a busy main road ensures maximum visibility and accessibility, making it ideal for a variety of businesses. The expansive showroom boasts a large, open-concept design with abundant natural light, perfect for showcasing products and creating a welcoming atmosphere. The versatile layout offers ample space for retail displays, offices, storage, or any combination to suit specific business needs. Generous on-site parking is available for both staff and customers, ensuring convenience and ease of access. This property presents a rare opportunity to establish or expand a business in a thriving community. Lincoln's strategic location and growing population provide a strong foundation for commercial success. The property's combination of functionality, location, and visibility makes it an attractive investment for entrepreneurs and established businesses seeking a prominent presence in a desirable area. The asking price is $349,000.

Value Estimation

by Realmo proprietary methodology Last update: July 3, 2025
  • AI approach

    CAP return
    Estimation
    Estimation
    $270,000
  • CAP approach

    CAP return
    Estimation
    6%
    $205,000
    6.5%
    $225,000
    7%
    $235,000
  • Comparable approach

    Method
    Estimation
    Relative Method
    $180,000
    Geo Method
    $240,000
  • Alternative Use

    Use
    Estimation
    Distribution
    $235,000
    Retail
    $200,000
    Mixed-Use
    $195,000
    Hospitality
    $235,000
    Educational
    $225,000
    Residential Income
    $220,000
    Energy
    $175,000
    Income-Based Land
    $200,000
    Food Service
    $180,000

Location Insight

  • Map
  • Local Demand
City
Lincoln
County
Penobscot
State
Maine
Longitude
-68.52
Latitude
45.3617
CBSA code
12620
CBSA name
BANGOR, ME METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$5,255
$66,800
$137,500
$204,300
-
$0.00
$0.00
$0.00
More about this property
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