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    Property profile & analytics

    252 Madison Ave Skowhegan, ME 04976-2050

    • Turn key restaurants
    • 3,600 SF
    • 0.50 lot acres
    OFF-MARKET
    Value Estimation
    $340,000
    Location Intelligence
    Property ID
    US42-0088555
    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

    • Pak Lee / Chinese Restaurant

    Property Details for 252 Madison Ave

    Year built
    2005
    Lot size
    0.50 lot acres
    Property size
    3,600 SF
    Property type
    Turn key restaurants
    APN
    SKOW M:38 B:16
    APU
    SKOWM38B16

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Skowhegan
    County
    Somerset
    State
    Maine
    Longitude
    -69.7264
    Latitude
    44.7786

    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
    2023
    $8,422
    $137,600
    $337,700
    $475,300
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $290,000
      1,596 SF

      101 Nn Ave

      RESTAURANT • 1,596 SF
      101 Nn Ave, Skowhegan, ME 04976-1948
      View Details
    • Value Estimation
      $360,000
      3,900 SF

      261 Madison Ave

      RESTAURANT • 3,900 SF
      261 Madison Ave, Skowhegan, ME 04976-2053
      View Details
    • Value Estimation
      $285,000
      2,292 SF

      39 Water St

      RESTAURANT • 2,292 SF
      39 Water St, Skowhegan, ME 04976-1715
      View Details
    • Value Estimation
      $330,000
      2,127 SF

      386 Madison Ave

      RESTAURANT • 2,127 SF
      386 Madison Ave, Skowhegan, ME 04976
      View Details
    • Value Estimation
      $370,000
      4,911 SF

      411 Madison Ave

      RESTAURANT • 4,911 SF
      411 Madison Ave, Skowhegan, ME 04976
      View Details
    • Value Estimation
      $335,000
      3,723 SF

      123 Madison Ave

      RESTAURANT • 3,723 SF
      123 Madison Ave, Skowhegan, ME 04976-1209
      View Details

    Similar Nearby for Sale

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      2,496 SF

      Established Tavern with Apartment in Maine

      Turnkey tavern with a 3-bedroom apartment and high visibility.
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      View Details
    • $550,000
      2,496 SF

      Established Tavern with Apartment Upstairs

      Turnkey pub with equipment, inventory, and a 3-bedroom apartment.
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    • $299,000
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    • $235,000
      3,244 SF

      Skowhegan Commercial Property on Island

      Turnkey commercial property in downtown Skowhegan with high traffic and parking.
      14 Island Ave, Skowhegan, ME 04976
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    • $189,000
      93.00 Acres

      Skowhegan Land with Development Potential

      93 acres with road frontage, pond, and interior trails.
      627 Waterville Rd, Skowhegan, ME 04976
      View Details
    • Contact for pricing
      0.20 Acres

      Residential Land in Skowhegan, Maine

      0.2 acre lot for residential development in Skowhegan, Maine.
      M33 Reed St, Skowhegan, ME 04976
      View Details
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    252 Madison Ave
    Skowhegan, ME 04976-2050
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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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