5 Elm St Milo, ME 04463
This exceptional commercial property, located at 5 Elm Street in Milo, Maine, presents a unique investment opportunity. Boasting a prominent corner lot, the building offers unparalleled street exposure, ideal for attracting customers. The 3,360 square foot building features two ground-floor retail units, perfectly suited for a variety of businesses. Large display windows along the street ensure maximum visibility and draw attention to your merchandise. Adding to the income potential, a spacious two-bedroom apartment occupies the second floor, providing additional rental income streams. The 0.06-acre lot provides ample space for customer parking and potential future expansion. This property is perfectly positioned for an investor seeking a blend of retail and residential income. The building's versatile layout and prime location make it an attractive option for entrepreneurs and investors alike. The existing infrastructure provides a solid foundation for immediate occupancy and potential for significant return on investment. This is a rare opportunity to acquire a well-situated commercial property in a thriving Maine community. Don't miss out on this chance to own a piece of Milo's vibrant business landscape. Contact us today to schedule a viewing and explore the possibilities.
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.