Property profile

5 Park Ave Newport, ME 04953

OFF-MARKET
Mixed-use properties
Property ID
US42-0275825
1,920 SF 0.07 ac lot Built 1964
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional mixed-use property at 5 Park Avenue in Newport, Maine presents a unique investment opportunity. The 1,920 square foot building boasts a thriving, turn-key beauty salon, complete with extra equipment, ready for immediate operation. Adding to its income potential are two well-maintained apartments

Property profile

Verified
Property type Mixed-use properties
Year built 1964
Total area 1,920 SF
Lot 0.07 ac (3,049 SF)
UPID US42-0275825

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Hair Salon Nail Salon

Location

5 Park Ave Newport, ME 04953
Newport metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request

Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 5 Park Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message