275-287 WATER STREET
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Location
275-287 WATER STREET
Mblu
34/ 44/ / /
Acct#
110665
Owner
DOWNTOWN LLC
Total Market Value
$1,888,000
PID
5882
Building Count
1
Current Value
Assessment
Valuation YearImprovementsLandTotal
2026$1,818,000$70,000$1,888,000

Owner of Record
OwnerDOWNTOWN LLC
Co-Owner
Address11 NORTH CAMPERS POINT RD
READFIELD, ME 04355
Sale Price$160,000
Certificate
Book & Page 12128/0143
Sale Date10/09/2015
Instrument1N

Ownership History
Ownership History
OwnerSale PriceCertificateBook & PageInstrumentSale Date
DOWNTOWN LLC$160,000 12128/01431N10/09/2015
ZALOGA MARK$225,000 11374/00431N04/29/2013
SYLVAN CORP$82,620 4508/01511L09/30/1993
KEY BANK OF MAINE$0 4234/02481L07/24/1992
WILLIAMSON ALTA PETER C. &$0 1517/0212 04/24/1970

Building Information
Building 1 : Section 1
Year Built: 1871
Living Area: 22,608
Building Attributes
FieldDescription
Style:Restaurant
ModelCommercial
GradeAverage +10
Stories:3
Occupancy1.00
Exterior Wall 1Brick/Masonry
Exterior Wall 2 
Roof StructureFlat
Roof CoverTar & Gravel
Interior Wall 1Drywall/Sheet
Interior Wall 2 
Interior Floor 1Ceram Clay Til
Interior Floor 2Hardwood
Heating FuelGas
Heating TypeForced Air-Duc
AC TypeNone
Bldg UseCOMM BLDG MDL-94
Total Rooms 
Total Bedrms24
Total Baths 
1st Floor Use:3400
Heat/ACNONE
Frame TypeMASONRY
Baths/PlumbingAVERAGE
Ceiling/WallCEIL & WALLS
Rooms/PrtnsAVERAGE
Wall Height12.00
% Comn Wall0.00
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
APTApartment 15,281 15,281
BASFirst Floor 7,327 7,327
SFBFinished Raised Bsmnt 6,077 0
UBMBasement, Unfinished 6,077 0
WDKDeck, Wood 1,580 0
   36,342 22,608

Extra Features
Extra Features
CodeDescriptionSizeValueBldg #
ELP2ELEV PAS 4+ STP1.00 UNITS$66,0001
SPR1SPRINKLERS-WET27470.00 S.F.$72,5001

Land
Land Use
Use Code3222
DescriptionCOMM BLDG MDL-94  
Neighborhood
Alt Land ApprNo
Category
Land Line Valuation
Size (Acres)0.14
Frontage103
Depth59
Total Market Land$70,000

Outbuildings
Outbuildings

No Data for Outbuildings

Valuation History
Assessment
Valuation YearImprovementsLandTotal
2025$1,818,000$70,000$1,888,000
2024$1,818,000$70,000$1,888,000
2023$1,818,000$70,000$1,888,000
Valuation History
Exemptions
Exemption YearCodeDescriptionAmount
20172NON-RESIDENTS$0

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