Property profile

68 Elm St Camden, ME 04843

OFF-MARKET
Other investment properties
Property ID
US42-0066573
7,077 SF 0.44 ac lot Built 1850
Entity Owned
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Property summary

AI-generated overview

The Towne Motel is a hospitality property in Camden, Maine, consisting of a mid-1950s motel structure with an attached two-story 1850-built home, together totaling 7,081 square feet (approximately 4,000 square feet for the motel and 3,081 square feet for the house). The property contains 17 lodging rooms and includes the attached home’s interior space with 2 full baths, a living room, a dining room, and an expanded kitchen added in 2001; a private deck was added in 2013 and fencing was installed in 2023. The kitchen addition features ceramic tile flooring, granite countertops, and a propane cooktop, with a large double sliding glass door to the fenced deck; the dining room and one owner bedroom retain original pumpkin pine floors. The home’s heating includes oil-fueled hot water baseboard and heat pumps, with mini-split/heat-pump systems added to the kitchen and both bedrooms. Flooring throughout includes hardwood, carpet, and laminate. The exterior is wood frame construction with vinyl siding, and there is a full unfinished basement with a moisture vapor barrier plus additional insulation installed in 2012, along with full attic insulation added in 2012 for the motel. The motel has a metal roof installed in 2012, while the house has asphalt shingle roofing dating to 2001, 2012, and 2013. Site improvements include a paved parking lot with capacity for 22 cars and a wet sprinkler system serving the motel only. The property is zoned B-3 and is situated on a 0.44-acre lot, and it is located within walking distance of the village and harbor.

Property profile

Verified
Property type Other investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1850
Construction FRAME
Total area 7,077 SF
Lot 0.44 ac (19,166 SF)
APN CAMD M:119 B:187 L:000 U:000
UPID US42-0066573

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Hotel & Motel

Location

68 Elm St Camden, ME 04843-1907
Camden metro Census 970200 ROCKLAND, ME MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$536k
Blend (final) Blend
$575k

Owner & transaction history

since 2026
2 recorded transactions
2026
$1.9M
2013
Price N/A

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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