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    Property profile & analytics

    56 Mckown St Boothbay Harbor, ME 04538-1863

    • Hotels
    • 5,705 SF
    • 0.34 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Oct 10, 2024
    $1,495,000
    Location Intelligence
    Property ID
    US42-0245438
    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

    • Hotels

    Property Details for 56 Mckown St

    Year built
    1840
    Lot size
    0.34 lot acres
    Property size
    5,705 SF
    Property type
    Hotels
    APN
    BOOH M:015 L:067-A
    APU
    BOOHM015L067A

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Boothbay Harbor
    County
    Lincoln
    State
    Maine
    Longitude
    -69.63
    Latitude
    43.8503

    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
    2023
    $12,282
    $802,900
    $569,400
    $1,372,300
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      4,586 SF

      55 Commercial St

      HOTEL-RESORT • 4,586 SF
      55 Commercial St, Boothbay Harbor, ME 04538-1826
      View Details
    • Value Estimation by Request
      4,647 SF

      60 Mckown St

      HOTEL-RESORT • 4,647 SF
      60 Mckown St, Boothbay Harbor, ME 04538-1863
      View Details
    • Value Estimation
      $935,000
      3,754 SF

      65 Commercial St

      HOTEL-RESORT • 3,754 SF
      65 Commercial St, Boothbay Harbor, ME 04538-1826
      View Details
    • Value Estimation
      $1,115,000
      3,488 SF

      71 Commercial St

      HOTEL-RESORT • 3,488 SF
      71 Commercial St, Boothbay Harbor, ME 04538-1827
      View Details
    • Value Estimation by Request
      18,860 SF

      35 Atlantic Ave

      MOTEL • 18,860 SF
      35 Atlantic Ave, Boothbay Harbor, ME 04538-2131
      View Details
    • Value Estimation by Request
      8,148 SF

      22 Commercial St

      MOTEL • 8,148 SF
      22 Commercial St, Boothbay Harbor, ME 04538-1822
      View Details

    Similar Nearby for Sale

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      Boothbay Harbor Commercial Gem

      Prime waterfront location, three tenants, value-add potential.
      48 Commercial St, Boothbay Harbor, ME 04538
      View Details
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      3,183 SF

      Iconic Commercial Space in Boothbay

      Prime retail space in the heart of downtown Boothbay Harbor.
      34 Townsend Ave, Boothbay Harbor, ME 04538
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      5,508 SF

      Downtown Boothbay Harbor Office/Retail Building

      Downtown Boothbay Harbor Office/Retail Building
      4 Townsend Avenue, Boothbay Harbor, ME 04538
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    • $1,400,000
      9,750 SF

      Harbor Front Retail Opportunity

      9,750 SF retail property with harbor access.
      48 Commercial St, Boothbay Harbor, ME 04538
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    • $399,000
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      Boothbay Harbor Retail Opportunity

      Commercial building in downtown Boothbay Harbor with retail space.
      10 Mckown St, Boothbay Harbor, ME 04538
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    • $1,290,000
      5,508 SF

      Historic Building with Business Potential

      Iconic commercial property in downtown Boothbay Harbor with built-in business.
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      View Details
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    56 Mckown St
    Boothbay Harbor, ME 04538-1863
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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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