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    Property profile & analytics

    417 Main St Madawaska, ME 04756

    • Lifestyle centers
    • 54,973 SF
    • 1.90 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US42-0470603
    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

    • ATM / Atm
    • Grab and Go Corner Market / Sandwich Shop

    Property Details for 417 Main St

    Year built
    1973
    Lot size
    1.90 lot acres
    Property size
    54,973 SF
    Property type
    Lifestyle centers
    Property subtype
    Power centers

    Description

    This exceptional investment opportunity presents a former K-Mart building located at 417 Main St, Madawaska, ME, 04756. The property boasts a substantial 54,973 square foot building on a 1.9-acre lot, zoned C-1. Built in 1973, the building currently has 549 square feet vacant, offering significant potential for redevelopment or repurposing. The single-tenant property is situated in a high-traffic area with approximately 4,800 vehicles passing daily, benefiting from proximity to Walgreens, Family Dollar, and Tim Hortons. The location offers excellent visibility and frontage, making it ideal for a variety of retail, industrial, or office uses. The surrounding community is vibrant, with a population of 2,260 within one mile, 3,259 within three miles, and 3,755 within five miles. The median household income is $50,239, and the median home value is $193,228, indicating a stable and growing market. The property's size and location present a unique opportunity for investors seeking a high-visibility property with significant potential for growth. The possibility of a drive-thru setup adds further appeal. This is a prime location in Aroostook County, Maine, right on the US-Canada border.

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Madawaska
    County
    Aroostook
    State
    Maine
    Longitude
    -68.323524291497
    Latitude
    47.354499029938

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    417 Main St
    Madawaska, ME 04756
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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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