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Property profile & analytics

1043 Main St Brewer, ME 04412-1242

  • Warehouses
  • 22.00 lot acres
OFF-MARKET
Value Estimation
$300,000
Location Intelligence
Property ID
US42-0184410
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

  • Warehouses

Property Details for 1043 Main St

Lot size
22.00 lot acres
Zone code
LDR
Property type
Warehouses
APN
BRER M:18 L:38
APU
BRERM18L38

Description

Investor opportunity! This unique Brewer, ME property encompasses 11 units (3-unit residential building, 8-unit motel) situated on a 54-acre lot (seller believes 63 acres, verification in progress). The main building features 2,795 sq ft of ground-floor space ideal for owner occupancy or rental, including two offices, a kitchen, living room, 1.5 baths, and a large bedroom. Upstairs are two renovated 3-bedroom apartments, each with a full kitchen and laundry. The 2,660 sq ft motel offers eight rooms, ranging in size from single occupancy to three-bedroom units, all furnished. Conversion to additional apartments presents a strong potential for increased profitability. Both buildings have basements. A detached two-car garage and an older cottage are also included. The expansive lot offers significant development potential, is subdividable, and boasts access from Route 9 and Day Road, with city water, sewer, and power available from both streets. The property is conveniently located just three miles from Bangor. Total square footage is 5,455 sq ft, with 15 parking spaces. The property was built in 1900 and 1953, and is zoned LDR. Asking price is $1,880,000.

Value Estimation

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

    CAP return
    Estimation
    Estimation
    $295,000
  • CAP approach

    CAP return
    Estimation
    6%
    $280,000
    6.5%
    $295,000
    7%
    $295,000
  • Comparable approach

    Method
    Estimation
    Relative Method
    $320,000
    Geo Method
    $270,000
  • Alternative Use

    Use
    Estimation
    Distribution
    $335,000
    Retail
    $355,000
    Mixed-Use
    $330,000
    Hospitality
    $265,000
    Educational
    $295,000
    Residential Income
    $300,000
    Energy
    $345,000
    Income-Based Land
    $355,000
    Food Service
    $275,000

Location Insight

  • Map
  • Local Demand
City
Brewer
County
Penobscot
State
Maine
Longitude
-68.7148
Latitude
44.8174
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
$8,384
$80,700
$336,400
$417,100
-
$0.00
$0.00
$0.00
More about this property
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