Financial
Distress signals
Property profile

48 Water St Skowhegan, ME 04976

OFF-MARKET
Retail properties & Spaces
Property ID
US42-0099655
10,665 SF 0.19 ac lot Built 1907
Last sale Dec 2025 · $499,900
Entity Owned Owner of record is a legal entity (LLC / corporation). Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This stunning 16,020 square foot, three-level commercial building at 48 Water Street in Skowhegan, Maine, presents a unique investment opportunity. Built in 1908, this Colonial Revival brick structure is a prominent landmark in the heart of Skowhegan's vibrant downtown, situated along the Kennebec River. The building currently houses a thriving multi-room antiques market and gift shop, benefiting from high visibility and foot traffic in this pedestrian-friendly area. Features include a

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$3k
Tax billed · 2023
Assessed value$179k
Assessed land$38k
Assessed improvement$141k
Effective rate1.77%

Value estimate

· Sep 2026
$315k
$284k – $347k
AI approach$315k
Submarket $/SF estimate$533k

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionSKOWHEGEN

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency13.5
Wholesale Shop11.9
Building Supply11.1

Location

48 Water St Skowhegan, ME 04976-1727
County assessor Recorded deeds · 1 transfer Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
58 Greenwood, Skowhegan, ME 04976-2064 $355,000 Jun 2025 5,452 SF
34 Bennett, Skowhegan, ME 04976-1244 $415,000 May 2025 3,840 SF
121 Nn, Skowhegan, ME 04976-1953 $540,000 Oct 2024 7,808 SF
23 Waterville, Skowhegan, ME 04976-1670 $54,900 Feb 2023 3,324 SF
25 Pleasant, Skowhegan, ME 04976-1229 $219,000 Jun 2022 4,231 SF
105 Water, Skowhegan, ME 04976-1720 $100,000 Feb 2022 2,808 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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