420 Main St, Caribou, ME 04736
This versatile 9,000 square foot commercial building in Caribou, Maine, presents a unique investment opportunity. The property boasts a prime location on 1.38 acres of land at 420 Main Street, offering exceptional roadway visibility and ample parking. The building comprises two distinct sections: a 6,000 square foot original structure built in 1970, and a 3,000 square foot addition completed in 2000. The older section features 10-foot high ceilings, two offices, a boiler room, bathroom, and a dedicated receiving/delivery area. A wet sprinkler system is installed for enhanced safety. The newer addition offers impressive 16-foot high ceilings at the front, gradually reducing to approximately 13-14 feet towards the rear. This multi-use space is ideal for a variety of commercial ventures. The expansive parking lot ensures convenient access for customers and employees. A 3D virtual tour is available for a comprehensive view of the property. Priced at $375,000, this property offers significant potential for growth and return on investment.
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
Similar Nearby for Sale
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.