56 Elm StCamden, ME 04843

  • Mixed-use properties
  • 9,440 SF
For Lease
$24/SF/YR View listing

Property Details for 56 Elm St

Year built
1876
Construction
FRAME
Lot size
0.25 AC
Property size (Sq ft)
9,440 SF
Property type
Mixed-use properties
Property subtype
Other investment properties
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.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,560,714
    6.5%
    $1,440,659
    7%
    $1,337,755
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,233,430
    Geo Method
    $1,233,430
  • Alternative Use

    Use
    Valuation
    Residential
    $1,786,417
    Hospitality
    $1,636,349
    Educational
    $1,361,423
    Medical
    $1,408,244
    Retail
    $2,117,769
56 Elm St, Camden, Maine

Location Insight

City
Camden
County
Knox
State
Maine
Latitude
44.2079
Longitude
-69.0668
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
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-
-
-

FAQs

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