$395,000

784 Acadia Hwy Montville, ME 04941

Estimated payment $2,565/month

Total Views 3,898
-- Bed
2 Baths
4,000 Sq Ft
$99 Price per Sq Ft

Highlights

  • Nearby Water Access
  • No HOA
  • Level Lot
  • Wood Flooring
  • Forced Air Heating System

About This Home

This is a multi-use building that is currently a pizza shop, bakery, and small grocery store combined. This building has a large kitchen with a commercial hood, a bakery room and an ice cream room, plus commercial coolers. In addition to all of that, there are 2 apartments in the upstairs portion of this building for additional revenue with space for a 3rd unit on the main level. The building has been renovated to include one of the apartments and the second is brand new. The location is key for a successful business, and this is situated on the bustling Rt.3 between Belfast and Augusta. The property offers a large parking lot for several parking spaces.FOR SALE OR POSSIBLE LEASE

Listing Agent

Chayann Colby

Maine Country and Coast Real Estate Listed on: 01/02/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,609

Year Built

  • Built in 1980

Lot Details

  • 1.5 Acre Lot
  • Rural Setting
  • Level Lot
  • Open Lot

Parking

  • Gravel Driveway

Home Design

  • 4,000 Sq Ft Home
  • Concrete Foundation
  • Slab Foundation
  • Wood Frame Construction
  • Metal Roof
  • Shingle Siding
  • Vinyl Siding
  • Concrete Perimeter Foundation

Flooring

  • Wood
  • Carpet
  • Laminate
  • Concrete

Utilities

  • No Cooling
  • Forced Air Heating System
  • Space Heater
  • Heating System Uses Oil
  • Heating System Uses Propane
  • Heat Pump System
  • Natural Gas Not Available
  • Private Water Source
  • Well
  • Electric Water Heater
  • Septic Tank
  • Private Sewer

Additional Features

  • 2 Full Bathrooms
  • Nearby Water Access

Listing and Financial Details

  • Tax Lot 15.1
  • Assessor Parcel Number MNTV-000045-000000-000015-000001

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Operating Expense $10,000
  • Gross Income $28,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,609

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 1.5
  • Road Surface Type: Paved
  • Co List Office Mls Id: 2600
  • Co List Office Phone: 207-338-3344
  • MLS Status: Active
  • Directions: GPS
  • Above Grade Finished Sq Ft: 4000.0
  • Architectural Style: Other
  • Garage Yn: No
  • Year Built: 1980
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 1.5
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 4000.0
  • Property Information:Garage: No
  • Site:Level: Yes
  • Site:Open: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Exterior:Shingle Siding: Yes
  • Heat System:Forced Air: Yes
  • Heat Fuel:Oil: Yes
  • Heat Fuel:Propane: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Foundation Materials:Slab: Yes
  • Exterior:Vinyl Siding: Yes
  • Heat System:Heat Pump: Yes
  • Heat Fuel:Electric: Yes
  • Cooling:Heat Pump3: Yes
  • Water Heater:Electric2: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Roof:Metal: Yes
  • Floors:Laminate: Yes
  • Gas:No Gas: Yes
  • Property Information:Number of Units: 2
  • Income Expenses Gross Income: 28800.0
  • Income Expenses Operating Expenses: 10000.0
  • Sewer:Private Sewer: Yes
  • Recreational Water:Nearby: Yes
  • Basement:Slab2: Yes
  • Location:Rural: Yes
  • Water:Private2: Yes
  • Driveway:Gravel: Yes
  • Property Information:Deed Restrictions: Unknown
  • Water:Well Existing on Site: Yes
  • Floors:Concrete2: Yes
  • Heat System:Space Heater: Yes
  • Sewer:Septic Tank: Yes
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: None, Not Applicable
  • Full Bathrooms: 2
  • Flooring: Wood, Laminate, Concrete, Carpet

Exterior Features

  • Lot Features: Open, Level, Rural
  • Waterfront: No
  • Construction Type: Vinyl Siding, Shingle Siding, Wood Frame
  • Foundation Details: Concrete Perimeter, Slab
  • Roof: Metal

Garage/Parking

  • Attached Garage: No
  • Parking Features: 21+ Spaces, Gravel

Utilities

  • Cooling: None, Heat Pump
  • Cooling Y N: No
  • Heating: Space Heater, Heat Pump, Forced Air
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Septic Tank, Private Sewer
  • Utilities: Utilities On
  • Water Source: Private, Well

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 65340.0
  • Parcel #: MNTV-000045-000000-000015-000001
  • Zoning: Unknown

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 28800.0
  • Annual Operating Expense: 10000.0

Tax Info

  • Tax Annual Amount: 4609.0
  • Tax Book Number: 4570
  • Tax Lot: 15.1
  • Tax Map Number: 45
  • Tax Year: 2023

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $5,134 $286,200 $36,000 $250,200
2023 $4,609 $286,300 $36,000 $250,300
2022 $3,420 $148,700 $19,800 $128,900
2021 $3,138 $148,700 $19,800 $128,900
2020 $3,108 $148,700 $19,800 $128,900
2019 $3,078 $148,700 $19,800 $128,900
2018 $2,933 $146,640 $19,848 $126,792
2017 $3,268 $170,187 $19,848 $150,339
2016 $3,097 $170,187 $19,848 $150,339
2015 $2,961 $170,187 $19,848 $150,339
2013 $3,256 $200,977 $19,848 $181,129
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/02/2025 01/02/25 For Sale $395,000 +777.8% $99 / Sq Ft
09/07/2016 09/07/16 Sold $45,000 -54.5% $29 / Sq Ft
08/24/2016 08/24/16 Pending -- -- --
01/25/2016 01/25/16 For Sale $99,000 -- $65 / Sq Ft
Source: Maine Listings

Purchase History

Date Type Sale Price Title Company
Not Resolvable -- --
Warranty Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $82,500 New Conventional
Source: Public Records

Source: Maine Listings

MLS Number: 1611837

Maine Listings

APN: MNTV-000045-000000-000015-000001