56 Elm StCamden, ME 04843
- Mixed-use properties
- 9,440 SF
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
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
Comparable in this City
Similar Nearby for Sale
FAQs
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