1 MADISON ST
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Location
1 MADISON ST
Mblu
006/ / 206/ /
Owner
L&R NORTHPOINT HOLDINGS LLC
Total Market Value
$3,225,000
PID
1248
Building Count
1
Current Value
Assessment
Valuation YearImprovementsLandTotal
2026$2,307,300$917,700$3,225,000

Owner of Record
OwnerL&R NORTHPOINT HOLDINGS LLC
Co-OwnerC/O PK REALTY MANAGEMENT
Address50 MONUMENT SQ
2ND FL
PORTLAND, ME 04101
Sale Price$3,500,000
Certificate
Book & Page 35278/0147
Sale Date11/08/2018
Instrument02

Ownership History
Ownership History
OwnerSale PriceCertificateBook & PageInstrumentSale Date
L&R NORTHPOINT HOLDINGS LLC$3,500,000 35278/01470211/08/2018
HHHI, LLC$0 30447/01380203/05/2013
H & G PROPERTIES LLC$0 30005/0019QC09/27/2012
TYLER, HERBERT E.$650,000 11206/0179Y12/28/1993

Building Information
Building 1 : Section 1
Year Built: 1969
Living Area: 40,626
Replacement Cost: $3,733,811
Building Percent Good: 60
Replacement Cost
Less Depreciation:
$2,240,300
Building Attributes
FieldDescription
Style:Light Indust
ModelIndustrial
GradeAverage
Stories:1
Occupancy1.00
Exterior Wall 1Aluminum Sidng
Exterior Wall 2 
Roof StructureGable/Hip
Roof CoverMetal/Tin
Interior Wall 1Minim/Masonry
Interior Wall 2 
Interior Floor 1Concr-Finished
Interior Floor 2 
Heating FuelOil
Heating TypeHot Air-no Duc
AC TypeNone
Bldg UseFACTORY MDL-96
Total Rooms 
Total Bedrms00
Total Baths2
1st Floor Use:4000
Heat/ACNONE
Frame TypeSTEEL
Baths/PlumbingAVERAGE
Ceiling/WallSUSP-CEIL ONLY
Rooms/PrtnsAVERAGE
Wall Height24.00
% Comn Wall0.00
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
BASFirst Floor 33,994 33,994
AOFOffice, (Average) 6,632 6,632
FEPPorch, Enclosed, Finished 120 0
USTUtility, Storage, Unfinished 209 0
   40,955 40,626

Extra Features
Extra Features
CodeDescriptionSizeValueBldg #
SPR1SPRINKLER WET/25986.00 S.F.$20,7001
SPR2SPRINKLER WET/3000.00 S.F.$2,9001

Land
Land Use
Use Code4000
DescriptionFACTORY MDL-96  
Neighborhood
Alt Land ApprNo
Category
Land Line Valuation
Size (Acres)5.12
Frontage0
Depth0
Total Market Land$917,700

Outbuildings
Outbuildings
CodeDescriptionSub CodeSub DescriptionSizeValueBldg #
MSC22CRNWAY  500.00 UNIT$10,0001
PAV1PAVING ASPHALT  40000.00 S.F.$33,4001
Valuation History
Assessment
Valuation YearImprovementsLandTotal
2026$2,307,300$917,700$3,225,000
2025$2,023,400$917,700$2,941,100
2024$2,023,400$917,700$2,941,100

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