Property profile

12 Church Rd Readfield, ME 04355

OFF-MARKET
Commercial real estate
Property ID
US42-0145903
5,064 SF 0.61 ac lot Built 1875
Entity Owned
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Property summary

AI-generated overview

This charming 5,064 square foot historic Grange Hall, located at 12 Church Road in Readfield, Maine, presents a unique commercial opportunity. Situated on a 0.61-acre lot, this property offers a blend of historical character and modern adaptability. The main floor features flexible spaces ideal for retail, educational uses, or a combination thereof. A bright library adds character, while an undeveloped kitchen area presents potential for expansion or customization. The second floor is approved for office use, offering additional space for administrative functions or other professional endeavors. Previously used as an educational facility and dance school, the building retains its original charm, including a grand curtained stage and select original furniture pieces from its heyday. The property also includes approval for a bakery operation employing up to three individuals on the first floor. This versatile space is perfect for a variety of commercial ventures, offering a unique blend of history and modern functionality. The asking price for this exceptional property is $420,000. This is a rare opportunity to acquire a piece of Readfield's history and transform it into a thriving commercial enterprise. Don't miss this chance to own a piece of Maine's heritage.

Property profile

Verified
Property type Commercial real estate
Year built 1875
Total area 5,064 SF
Lot 0.61 ac (26,572 SF)
UPID US42-0145903

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • High School

Location

12 Church Rd Readfield, ME 04355
Readfield metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

since 2025
2 recorded transactions
2025
$230,000
2021
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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