37 & 39 E Main ST Active Save Request In-Person Tour Request Virtual Tour
Searsport,ME 04974
Key Details
Property Type Commercial Sale
Sub Type Mixed Use
Listing Status Active
Square Footage 6,883 sqft
Price per Sqft $246
MLS Listing ID 1623703
Year Built 1864
Annual Tax Amount $3,320
Tax Year 2020
Lot Size 2,613 Sqft
Property Sub-Type Mixed Use
Property Description
Rare Oceanview Investment Opportunity, Mixed-Use 7-Unit Property in Prime Midcoast Location! MOTIVATED SELLER! Located just steps from the beach and park, this nearly 8,000± SF mixed-use building sits directly on high-traffic US Route 1A (11,000-16,000 cars/day) and is currently the only commercial/residential property available along this highly visible Midcoast corridor and is priced below current retail assessed value. Property features:
• 2 Commercial Units, situated on a newly renovated street in Searsport's Historic Tax Credit District (HTC). • 5 Residential Units have been newly constructed, each with smart home systems, marble finishes, porcelain tile, and glass showers, including the water view 4th floor Penthouse. • Ocean views, exceptional exposure, and pedestrian traffic from nearby attractions. This nearly turnkey asset has strong ROI potential. Ideal for investors seeking a premium coastal property with stable rental income, tax benefits, and minimal upkeep. List of rental inquiries available. Don't miss this opportunity to own a high-performance property in one of Maine's most desirable seaside communities. Showings by appointment only.
Location
State ME
County Waldo
Zoning Commercial
Interior
Heating Heat Pump
Cooling Heat Pump
Flooring Wood,Tile,Carpet
Equipment Internet Access Available
Exterior
Parking Features 5 - 10 Spaces,Other,On Street
View Y/N No
Roof Type Metal,Pitched,Shingle
Building
Lot Description Water View,Downtown,Historic District,Near Shopping,Retail Strip
Building Description Brick,Masonry, Security System,Generator,Fire System
Story 4
Sewer Public Sewer
Water Public
Structure Type Brick,Masonry