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Property profile & analytics
OFF-MARKET Estimated value $555,000
Retail properties & Spaces

318 Main St Cumberland, ME 04021-3959

5,849 SF 0.74 ac lot Built 1900
Individually Owned 3-yr Hold Free & Clear
Property ID
US42-0213218
Property profile
Verified
Property type Retail properties & Spaces
Use group DEPARTMENT STORE
Year built 1900
Construction FRAME
Total area 5,849 SF
Lot 0.74 ac (32,234 SF)
Zoning code TCD
APN CMBL M:U13-A L:9
UPID US42-0213218
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
Current use
Occupant on record · Public records
  • Cumberland Foodstop Grocery & Convenience Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$688k
Blend (final) Blend
$555k
Owner & transaction history
Poisson Cumberland Prop T · 3 yrs held
Poisson Cumberland Prop T
since 2023
1 recorded transaction
2023
Price N/A
Zoning & alternative use
TCD · Cumberland, ME
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

Town Center District (TCD). § 315-5 Zoning Map; division of Town into districts. [Amended 9-10-2012 ; 4-14-2014 ; 2-11-2016 ; 4-11-2016 ; 7-24-2017 ; 11-22-2017 ] The Zoning Map officially titled "Cumberland Zoning Map" dated June 13, 1984, and amended on June 12, 1985, February 9, 1987, May 15, 1989, December 28, 1989, March 11, 1991, December 10, 1991, Jan…

Zone name Town Center District
General category COMMERCIAL
Zone area 30.24 ac
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