10 Mechanic St Camden, ME 04843
For Sale
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This exceptional investment opportunity presents a portfolio of prime retail properties in the heart of Camden, Maine. The offering encompasses three distinct retail spaces totaling 8,623 square feet, strategically located at 10 Mechanic Street, 12 Mechanic Street, and 8 Mechanic Street. Additionally, a rental unit at 7 Washington Street is included, adding to the overall income potential. The main building, situated at 10 Mechanic Street, forms the core of this offering. Constructed in 1930, this two-story structure sits on a 0.17-acre lot and offers ample space for a variety of retail uses. The property is zoned B1, allowing for a range of commercial activities. Convenient on-site parking is provided with four spaces. The asking price for this entire portfolio is $1,700,000, translating to a price per square foot of $197.15. The property's prime location in Camden, combined with its versatile layout and existing tenant occupancy, makes it an attractive investment for both seasoned and emerging real estate investors seeking a strong return on investment in a vibrant Maine coastal town. The Assessor's Parcel Number (APN) is CAMD-000120-000147. This is a rare opportunity to acquire a well-established retail portfolio in a highly desirable location.
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Antiques at 10 Mechanic Home Decor Store (Bike/Boat/Book/etc) Store
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BOOTH 2 Home Decor Store (Bike/Boat/Book/etc) Store
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.