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    157 Broadway Lincoln, ME 04457

    • Retail space
    • 0.86 lot acres
    For Sale
    View listing
    $349,000
    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

    Comparable in this City

    • Value Estimation by Request
      12,967 SF

      2 Broadway

      Individual retail properties • 12,967 SF
      2 Broadway, Lincoln, ME 04457
      View Details
    • Value Estimation by Request
      19.33 Acres

      22 Goding Ave

      RETAIL STORES (PERSONAL SERVICES) • 19.33 Acres
      22 Goding Ave, Lincoln, ME 04457-1323
      View Details
    • Value Estimation
      $265,000
      0.54 Acres

      114 Enfield Rd

      RETAIL STORES (PERSONAL SERVICES) • 0.54 Acres
      114 Enfield Rd, Lincoln, ME 04457-1178
      View Details
    • Value Estimation
      $255,000
      0.18 Acres

      104 Main St

      RETAIL STORES (PERSONAL SERVICES) • 0.18 Acres
      104 Main St, Lincoln, ME 04457-1410
      View Details
    • Value Estimation
      $270,000
      0.14 Acres

      32 Main St

      RETAIL STORES (PERSONAL SERVICES) • 0.14 Acres
      32 Main St, Lincoln, ME 04457-1437
      View Details
    • Value Estimation
      $230,000
      0.59 Acres

      28 Main St

      RETAIL STORES (PERSONAL SERVICES) • 0.59 Acres
      28 Main St, Lincoln, ME 04457-1437
      View Details

    Similar Nearby for Sale

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    • $349,000
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      Lincoln Retail Space - High Visibility

      Prime commercial space, high traffic, ample parking.
      157 Broadway, Lincoln, ME 04457
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    • New
      $99,000
      2.80 Acres

      Waterfront Land in Lincoln, Maine

      2.8-acre surveyed lot with 230' water frontage on Center Pond.
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    157 Broadway
    Lincoln, ME 04457
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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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