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    Property profile & analytics

    12 By Way Boothbay Harbor, ME 04538-1868

    • Turn key restaurants
    • 2,948 SF
    • 0.06 lot acres
    OFF-MARKET
    Value Estimation
    $370,000
    Last Sale
    Mar 10, 2021
    Location Intelligence
    Property ID
    US42-0503801
    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

    • Turn key restaurants

    Property Details for 12 By Way

    Year built
    1700
    Construction
    FRAME
    Lot size
    0.06 lot acres
    Property size
    2,948 SF
    Property type
    Turn key restaurants
    APN
    BOOH M:015 L:116
    APU
    BOOHM015L116

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Boothbay Harbor
    County
    Lincoln
    State
    Maine
    Longitude
    -69.6275
    Latitude
    43.8515

    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
    $6,297
    $416,400
    $287,200
    $703,600
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $320,000
      1,680 SF

      43 Commercial St

      RESTAURANT • 1,680 SF
      43 Commercial St, Boothbay Harbor, ME 04538-1826
      View Details
    • Value Estimation
      $365,000
      4,998 SF

      20 Granary Way

      RESTAURANT • 4,998 SF
      20 Granary Way, Boothbay Harbor, ME 04538-1866
      View Details
    • Value Estimation
      $280,000
      3,621 SF

      96 Townsend Ave

      RESTAURANT • 3,621 SF
      96 Townsend Ave, Boothbay Harbor, ME 04538-1760
      View Details
    • Value Estimation
      $300,000
      700 SF

      54 Commercial St

      RESTAURANT • 700 SF
      54 Commercial St, Boothbay Harbor, ME 04538-1822
      View Details
    • Value Estimation by Request
      5,176 SF

      Commercial St

      RETAIL STORES (PERSONAL SERVICES) • 5,176 SF
      Commercial St, Boothbay Harbor, ME 04538
      View Details
    • Value Estimation by Request
      1,350 SF

      44 Commercial St

      DEPARTMENT STORE • 1,350 SF
      44 Commercial St, Boothbay Harbor, ME 04538-1822
      View Details

    Similar Nearby for Sale

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      9,750 SF

      Boothbay Harbor Commercial Gem

      Prime waterfront location, three tenants, value-add potential.
      48 Commercial St, Boothbay Harbor, ME 04538
      View Details
    • New
      $795,000
      3,183 SF

      Iconic Commercial Space in Boothbay

      Prime retail space in the heart of downtown Boothbay Harbor.
      34 Townsend Ave, Boothbay Harbor, ME 04538
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    • $1,400,000
      9,750 SF

      Harbor Front Retail Opportunity

      9,750 SF retail property with harbor access.
      48 Commercial St, Boothbay Harbor, ME 04538
      View Details
    • $1,290,000
      5,508 SF

      Historic Building with Business Potential

      Iconic commercial property in downtown Boothbay Harbor with built-in business.
      4 Townsend Ave, Boothbay Harbor, ME 04538
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    • New
      $550,000
      1,570 SF

      Renovated Boothbay Harbor Rental Property

      Versatile, renovated property with rental income potential in Boothbay Harbor.
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    12 By Way
    Boothbay Harbor, ME 04538-1868
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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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