6 Church St Limestone, ME 04750
This exceptional 13,295 square foot commercial building, situated on a 0.45-acre lot in Limestone, Maine, presents a unique redevelopment opportunity. Previously utilized as a dormitory for the Maine School of Science and Mathematics, this property offers significant potential for a variety of uses. The building is zoned for General Business, allowing for diverse commercial ventures. Conveniently located just off Main Street and Grand Falls Road, it enjoys excellent visibility and proximity to the Loring Commerce Center, ensuring high traffic and accessibility. The property includes 10 parking spaces, a valuable asset for any commercial operation. The asking price is $265,900. This is a single-tenancy property owned by the State of Maine, offering a rare chance to acquire a substantial building in a strategic location. The building's size and versatile zoning make it suitable for a range of commercial enterprises, from retail spaces to offices, or even a conversion back to educational or residential use, subject to necessary permits and approvals. The ample lot size provides room for expansion or outdoor amenities. This is an ideal investment for an owner-user seeking a prominent location in Aroostook County, Maine, with the potential for significant return on investment. The property's address is 6 Church Street, Limestone, ME 04750.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.