279 Main St Fort Fairfield, ME 04742
For Sale
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**FULL TERM SELLER FINANCING WITH FAVORABLE RATES **Located at 279 Main St., Fort Fairfield ME 04742 , this impressive commercial property offers a fantastic opportunity for investors. Boasting a total of 9,833 sq. ft. of space on a 13,939 sq. ft. lot, this vacant bank building is ideally suited for a variety of businesses. With features perfect for a restaurant, apartments, mixed use, or nursing home. the property includes a full basement, tile, vinyl, and wood floors, and a composition roof. Constructed in 1999 with a wood frame, the building features a commercial heat system and updated windows on the first floor. In 2018, a $40K drive-through was added to meet bank security standards. The space offers beautiful high ceilings with remarkable woodwork, adding character and charm to the property. Don't miss out on this exceptional opportunity - schedule a viewing today! Entire roof replaced in 2023! Amazing building, great structure, priced right! Zoned for mixed use, potential for apartments or multi use conversion. Includes the entire parking lot. All heating systems, electrical, and plumbing working. LED exterior wall packs recently added. Basement: Plenty of rooms, stays dry, foundation in great condition. Two fuel boilers in basement that feed baseboard heaters throughout entire building. First floor / ground level: Wide open commercial space with an entrance on the left where the teller was, perfect for a coffee shop/deli. Additional room for two apartments / offices in back of the first floor including a kitchen. Two propane heat pump systems, ducted just for first floor. Second floor: Offices all around perimeter. Potential for apartments. Third floor: Some offices with a larger banquet room and a kitchen. Bathrooms on all floors. City water / sewer.
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.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.