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    Property profile & analytics

    56 Elm St Camden, ME 04843

    • Investment properties
    • 9,440 SF
    • 0.25 lot acres
    For Sale
    View listing
    $2,225,000
    Value Estimation
    Last Sale
    Apr 04, 2025
    Location Intelligence
    Property ID
    US42-0375918
    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

    • camdencomputer biz / Computer Service
    • Coastal Cards / Hobby Store
    • Mane + Co. / Beauty Salon / Facial Spa
    • Apartments on Elm / Apartment Complex / Apartments

    Property Details for 56 Elm St

    Year built
    1876
    Construction
    FRAME
    Lot size
    0.25 lot acres
    Property size
    9,440 SF
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    CAMD M:119 B:142 L:000 U:000
    APU
    CAMDM119B142L000U000

    Description

    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.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Camden
    County
    Knox
    State
    Maine
    Longitude
    -69.0668
    Latitude
    44.2079
    CBSA code
    40500
    CBSA name
    ROCKLAND, ME MICROPOLITAN 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
    2022
    $10,413
    $254,400
    $534,500
    $788,900
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

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      49 Elm St

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    • Value Estimation
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      3,376 SF

      34 Main St

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    56 Elm St
    Camden, ME 04843
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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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