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FOR SALE
Investment properties
56 Elm St, Camden, ME 04843-1900
Entity Owned
1-yr Hold
Property ID
US42-0375918
For Sale
1 / 45
$2,225,000
56 Elm St, Camden, ME 04843-1900
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Property summary
AI-generated overview
This versatile commercial space at 56 Elm Street in downtown Camden, Maine (zip code 04843) offers 1,200 square feet of recently updated office space, ideal for a variety of uses. Currently configured as a traditional office, it features a welcoming lobby, a convenient copy room, a professional conference room, two private offices, a full bathroom, and a practical kitchenette. A modern heat pump system ensures efficient climate control throughout the space. The property benefits from its excellent location next to a Montessori school, providing convenient access and high visibility. Street parking is readily available. The owner is open to customizing the layout to meet the specific needs of the right tenant, making it suitable for traditional office, coworking, medical office, creative office, executive office, or even build-to-suit opportunities. This single-tenancy property presents a unique opportunity in the vibrant downtown Camden area. The property is easily accessible and offers a high-quality space in a desirable location. Contact us today to learn more about this exceptional commercial property.
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1876
Construction
FRAME
Total area
9,440 SF
Lot
0.25 ac (10,890 SF)
APN
CAMD M:119 B:142 L:000 U:000
UPID
US42-0375918
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
camdencomputer biz Tech Support Center (Bike/Boat/Book/etc) Store
-
Coastal Cards (Bike/Boat/Book/etc) Store
-
Mane + Co. Hair Salon Nail Salon
-
Apartments on Elm Apartment Complex Apartments
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
56 Elm LLC · 1 yrs held
56 Elm LLC
since 2025
4 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Camden submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Camden submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2022Property tax & assessments
Tax year 2022
Tax billed
$10,413
Tax year 2022
Assessed value
$788,900
Assessed 2022
Previous assessed
$788,900
+0.0% YoY
Effective rate
1.32%
On assessed value
Assessed land
$254,400
Assessed improvement
$534,500
Applied tax rate
9,725.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
For Sale
Year built
1876
Construction
FRAME
Heating
FORCED AIR
Buildings
1
Stories
2
Units
12
Total area
9,440 SF
Lot
0.25 ac (10,890 SF)
APN
CAMD M:119 B:142 L:000 U:000
UPID
US42-0375918
Jurisdiction
CAMDEN
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1876
Construction
FRAME
Heating
FORCED AIR
Stories
2
Buildings
1
Units
12
Lot
0.25 ac
Current owner
From public records · entity-resolved
56 Elm LLC
Entity
Mailing address
203 WASHINGTON ST, CAMDEN, ME 04843-4401
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 4, 2025
—
56 Elm LLC
Alexander Mcgillivary
Warranty Deed
—
Oct 14, 2021
—
Alex Mcgillivary
Elm Street Holdings LLC
Warranty Deed
$840,000 · Camden National Bank
Mar 12, 2012
—
Charles C Lowe
Lowe Charles C Est
Personal Representative Deed
related
$250,000 · Camden National Bank
Oct 10, 2007
—
Charles C Lowe
—
Deed Of Trust
related
$175,000 · Damriscotta Bank & Trust Co
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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