Technical
Financial
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Property profile

53 Commercial St Boothbay Harbor, ME 04538

OFF-MARKET
Retail space
Property ID
US42-0127791
3,884 SF 0.23 ac lot
Entity Owned Absentee Owner Free & Clear
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Property summary

AI-generated overview

In downtown Boothbay Harbor, this multi-structure New Englander-style property is sited on a 0.23-acre lot with ocean and harbor views and on-site parking, and it is positioned to serve in-town pedestrian and vehicle traffic. The main building is approximately 2,900 square feet and is configured for lodging, with the former street-level retail area converted into an additional short-term rental unit to create five short-term rental spaces (VRBO-style guest unit configuration). There are also two upper apartments within the main building. A detached carriage house on the property adds approximately 1,000 square feet of residential space with 2 bedrooms and 1 bathroom; combined, the total finished area across both buildings is approximately 4,400 square feet. The property is zoned Downtown Business A, supporting flexible use as owner-occupied lodging or hospitality-oriented operations, and it includes water-view living accommodations within walking distance of local shops and dining.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Total area 3,884 SF
Lot 0.23 ac (10,019 SF)
APN BOOH M:015 L:071
UPID US42-0127791

Cap rate & NOI

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

Location

53 Commercial St Boothbay Harbor, ME 04538-1826
Boothbay Harbor metro Census 976200
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$300k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$300k

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
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