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    Property profile & analytics

    162 Main St Winthrop, ME 04364-1433

    • Showrooms
    • 2,128 SF
    • 0.18 lot acres
    OFF-MARKET
    Value Estimation
    $305,000
    Location Intelligence
    Property ID
    US42-0267901
    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

    • Showrooms

    Property Details for 162 Main St

    Year built
    2003
    Construction
    FRAME
    Lot size
    0.18 lot acres
    Property size
    2,128 SF
    Zone code
    V
    Property type
    Showrooms
    APN
    WINP M:031 L:098
    APU
    WINPM031L098

    Description

    This exceptional 2,128 square foot office building, situated on a 0.18-acre lot at 162 Main Street in the heart of Winthrop, ME, presents a unique investment opportunity. The property boasts three bedrooms and two and a half bathrooms, making it ideal for a variety of uses, from a professional office to a mixed-use space. Recent upgrades significantly enhance its value and efficiency. A new sewer line and water supply have been installed, ensuring reliable infrastructure. New flooring throughout adds to the property's modern appeal. The building's energy efficiency is a key selling point, featuring propane heating, resulting in lower operating costs. The spacious rooms offer ample flexibility for layout and design to suit individual business needs. Its central downtown location provides excellent visibility and accessibility, making it an attractive proposition for businesses seeking a prominent presence in Winthrop. The combination of modern amenities, efficient design, and prime location makes this property a compelling investment opportunity in a thriving Maine community. This is a rare chance to acquire a well-maintained, updated building ready for immediate occupancy. The asking price of $350,000 reflects the property's exceptional value and potential.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $310,000

    • CAP approach

      CAP return
      Estimation
      6%
      $325,000
      6.5%
      $340,000
      7%
      $325,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $270,000
      Geo Method
      $305,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $370,000
      Retail
      $290,000
      Mixed-Use
      $320,000
      Hospitality
      $380,000
      Educational
      $360,000
      Residential Income
      $375,000
      Energy
      $270,000
      Income-Based Land
      $315,000
      Food Service
      $315,000

    Location Insight

    • Map
    • Local Demand
    City
    Winthrop
    County
    Kennebec
    State
    Maine
    Longitude
    -69.9701
    Latitude
    44.3073
    CBSA code
    12300
    CBSA name
    AUGUSTA-WATERVILLE, ME MICROPOLITAN 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
    2022
    $2,362
    $43,600
    $64,900
    $108,500
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
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    • Value Estimation
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      13.06 Acres

      20 Abbott Ln

      SHOW ROOM, WAREHOUSE • 13.06 Acres
      20 Abbott Ln, Winthrop, ME 04364
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    • Value Estimation
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      8,400 SF

      410 Main St

      SHOW ROOM, WAREHOUSE • 8,400 SF
      410 Main St, Winthrop, ME 04364-1577
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    • Value Estimation by Request
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      357 Main St

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    • Value Estimation
      $295,000
      1.90 Acres

      89 Peck Farm Rd

      SHOW ROOM, WAREHOUSE • 1.90 Acres
      89 Peck Farm Rd, Winthrop, ME 04364
      View Details

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    Winthrop, ME 04364-1433
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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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