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Property profile & analytics
OFF-MARKET
Office Spaces

24 Lawrence Ave Fairfield, ME 04937

Property ID
US42-0249484
Property summary
AI-generated overview

This well-maintained commercial building in downtown Fairfield, Maine, presents a fantastic opportunity. Situated across from the Fairfield Town Office and close to Main Street shopping and I-95, this property offers unparalleled convenience. The building features approximately 2,600 square feet (including an unfinished area) of space, currently configured as one large open area with two bathrooms, a kitchenette, and six separate offices. Four separate front entrances allow for future division into four individual units, increasing rental income potential. A large paved parking lot provides ample space for tenants and visitors. The building is equipped with central air conditioning and propane heating. An unfinished area at the rear of the building, approximately 26' x 44' (per town records), offers significant expansion potential for a future tenant or owner. The asking price is $539,000. This property is ideal for an owner-occupier seeking a versatile space or an investor looking for a strong return. The combination of location, existing infrastructure, and expansion possibilities makes this a truly exceptional commercial investment.

Property profile
Verified
Property type Office Spaces
UPID US42-0249484
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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