136 Center St, Old Town, ME 04468
This exceptional three-story office building, located at 136 Center Street in Old Town, Maine, presents a compelling investment opportunity. Boasting 26,109 square feet of space, this property is situated on a 0.28-acre lot and is zoned C-1 - Commercial Business, offering significant flexibility for a variety of uses. Originally constructed in 1940, the building underwent a substantial renovation in 1990, ensuring a blend of historic character and modern functionality. The single building comprises three stories, providing ample space for tenants or a single large occupant. The asking price is $1,000,000. The property's APN is 026-079-000. Its central location in Old Town's vibrant commercial district provides excellent visibility and accessibility. This property represents a rare chance to acquire a well-maintained, historically significant commercial building in a thriving Maine community. The substantial square footage and flexible zoning make it ideal for a variety of business ventures. The combination of its classic architecture and updated interior creates a unique and attractive space for both tenants and owners. This is a strong investment opportunity in a desirable location. The property is ready for immediate occupancy or further development, depending on the buyer's needs. Serious inquiries are encouraged.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.