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Property profile & analytics
FOR SALE
Banks

279 Main St Fort Fairfield, ME 04742

9,833 SF Built 1999
Property ID
US42-0417898
Property summary
AI-generated overview

**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.

Property profile
Verified
Property type Banks
Year built 1999
Total area 9,833 SF
UPID US42-0417898
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
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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