Property profile

14 Sweden St Caribou, ME 04736

FOR SALE
Banks
Property ID
US42-0377441
7,798 SF 0.3 ac lot Built 1974
Individually Owned Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional commercial property, located at 14 Sweden Street in Caribou, Maine, presents a unique investment opportunity. The 7,798 square foot building, constructed in 1974, sits on a 0.3-acre lot and boasts a desirable location at a four-way intersection of Main Street (ME-164), Water Street, and Hatch Drive. The property's zoning is Commercial, allowing for diverse uses. The building itself is a Class B, two-story structure with fourteen parking spaces, a significant advantage in this area. Its previous use as a bank branch offers a ready-made layout, including a two-lane drive-up window and ATM. The property's strategic location places it within easy reach of numerous businesses, including the U.S. Postal Service, Sweden Street Plaza Shopping Center, Buzzell's, Mascoto's, Caribou Public Library, Dunkin' Donuts, Hannaford, and the Caribou Theater. The property's size, location, and existing infrastructure make it an ideal investment for a variety of commercial ventures. The asking price is $300,000. The APN is Map 31, Lot 57, and the zip code is 04736. This is a rare opportunity to acquire a well-situated commercial property in a thriving Maine community. The building's traditional office and retail subtype offers flexibility for a wide range of businesses.

Property profile

Verified
Property type Banks
Use group FINANCIAL BUILDING
Year built 1974
Total area 7,798 SF
Lot 0.3 ac (13,068 SF)
Zoning code COMMER
APN CARI M:31 L:057
UPID US42-0377441

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
  • Bank Loan Service
  • Crisis Center Medical Clinic
  • Atm
  • Government
  • Association / Organization

Location

14 Sweden St Caribou, ME 04736
Caribou metro Census 951200
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$365k

Owner & transaction history

since 2025
1 recorded transaction
2025
Price N/A

Zoning & alternative use

COMMER · Caribou, ME

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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