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    Property profile & analytics

    429 Wilson St Brewer, ME 04412-1521

    • Turn key restaurants
    • 5,738 SF
    • 1.61 lot acres
    OFF-MARKET
    Value Estimation
    $405,000
    Location Intelligence
    Property ID
    US42-0148901
    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

    • Kosta's Restaurant and Bar / American Restaurant / Restaurant

    Property Details for 429 Wilson St

    Year built
    1971
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    1.61 lot acres
    Property size
    5,738 SF
    Zone code
    GB
    Property type
    Turn key restaurants
    APN
    BRER M:50 L:17 U:B
    APU
    BRERM50L17UB

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $385,000

    • CAP approach

      CAP return
      Estimation
      6%
      $420,000
      6.5%
      $490,000
      7%
      $440,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $440,000
      Geo Method
      $460,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $455,000
      Retail
      $455,000
      Mixed-Use
      $500,000
      Hospitality
      $440,000
      Educational
      $410,000
      Residential Income
      $475,000
      Energy
      $480,000
      Income-Based Land
      $525,000
      Food Service
      $555,000

    Location Insight

    • Map
    • Local Demand
    City
    Brewer
    County
    Penobscot
    State
    Maine
    Longitude
    -68.7517
    Latitude
    44.7837
    CBSA code
    12620
    CBSA name
    BANGOR, ME METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $13,935
    $226,600
    $466,700
    $693,300
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      10,680 SF

      15 Hardy St

      RESTAURANT • 10,680 SF
      15 Hardy St, Brewer, ME 04412-2207
      View Details
    • Value Estimation
      $275,000
      2,400 SF

      494 Main St

      RESTAURANT • 2,400 SF
      494 Main St, Brewer, ME 04412-2424
      View Details
    • Value Estimation by Request
      2,491 SF

      17 Schilling Dr

      RESTAURANT • 2,491 SF
      17 Schilling Dr, Brewer, ME 04412-1007
      View Details
    • Value Estimation
      $365,000
      2,217 SF

      492 Wilson St

      RESTAURANT • 2,217 SF
      492 Wilson St, Brewer, ME 04412-1419
      View Details
    • Value Estimation by Request
      11,543 SF

      5 Main St

      RESTAURANT • 11,543 SF
      5 Main St, Brewer, ME 04412-2111
      View Details
    • Value Estimation by Request
      5,459 SF

      5 Schilling Dr

      RESTAURANT • 5,459 SF
      5 Schilling Dr, Brewer, ME 04412-1007
      View Details

    Similar Nearby for Sale

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      0.15 Acres

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      Multifamily property with commercial space for owner-occupant or investor.
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      View Details
    • $950,000

      Brewer Waterfront Redevelopment Land

      Land with easy access and great visibility.
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    • $68,000
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      Prime Land Parcel on Route 1A

      6.08-acre land parcel with convenient access and strong visibility.
      Wilson St, Brewer, ME 04412
      View Details
    • $599,000
      6.91 Acres

      Waterfront Land on Penobscot River

      7 acres of prime waterfront land on the Penobscot River.
      M33-140 Prospect St, Brewer, ME 04412
      View Details
    • New
      $68,000
      3.50 Acres

      Brewer Land Opportunity

      3.5 acres of land available in Brewer, Maine.
      Parkway S, Brewer, ME 04412
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    • Contact for pricing

      Industrial Land Near I-395

      6.06 acres of land with I-395 access.
      Liberty Dr, Brewer, ME 04412
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      15,000 SF

      Retail Development at Wilson Street

      New retail development with high visibility and easy access.
      541 Wilson St, Brewer, ME 04412
      View Details
    • Contact for pricing
      6,000 SF

      Retail Center Anchored by Dollar Tree

      Retail space in a conveniently located shopping center with parking.
      238 State St, Brewer, ME 04412
      View Details
    • $1,400 /Mo
      1,050 SF

      Downtown Brewer Office Space Available

      Well-maintained office building in downtown Brewer with ample natural light.
      141 N Main St, Brewer, ME 04412
      View Details
    • $10 SF/Yr
      5,000 SF

      Brewer Warehouse/Shop Space Available

      5,000 SF warehouse/shop in Brewer's East-West Industrial Park.
      183 Robertson Blvd, Brewer, ME 04412
      View Details

    Property Visit Statistics

    • Visits by month
      2.8k
    • Visitors by month
      1.7k
    • Avg Time on site
      7 min
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    429 Wilson St
    Brewer, ME 04412-1521
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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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