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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

72 Congress St Rumford, ME 04276

11,229 SF 0.33 ac lot Built 1928
Property ID
US42-0322106
Property summary
AI-generated overview

This 11,229 square foot retail building presents a significant value-add opportunity for owner-users. Located at 72 Congress St, Rumford, ME 04276, this single-story, 1928-built structure boasts a charming Art Deco brick façade and sits on a 0.33-acre lot. The property is zoned commercial and is a contributing structure within a historic district. Its versatile layout is suitable for various uses, including pharmacy/drug store, restaurant, or storefront retail. The asking price is $299,000, translating to $26.63 per square foot. Situated on the corner of Congress and Exchange Streets, this property benefits from high visibility and convenient access. The location offers proximity to both Sunday River and Bethel, enhancing its appeal. The property's potential is further amplified by planned new developments in downtown Rumford, promising increased foot traffic and economic growth. The APN is Map 117, Block 279, and the ownership is held by Anchor Island, LLC. This is a rare chance to acquire a substantial commercial property in a revitalizing Maine town.

Property profile
Verified
Property type Retail properties & Spaces
Year built 1928
Total area 11,229 SF
Lot 0.33 ac (14,375 SF)
UPID US42-0322106
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
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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