About this home
Explore the development possibilities with this commercial location on desirable Main Street in Freeport. Once an inn, this property is at a walkable distance to the downtown shops and restaurants. The V1 zone does not limit this property to just an inn. Explore other options, with municipal approvals, such as multifamily housing, affordable housing development, professional offices, and others. With over 5,500 Sf on 1.26 +/- acres, this property offers possibilities making it worth a look.
Listing last checked: Listing updated:
Listed by Listing Agent · EXP Realty · MLS #1678876
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Details at a glance
Interior1 property facts
- Flooring
- Carpet
Building4 property facts
- Style
- General Commercial
- Year built
- 1885
- Foundation
- Block, Stone
- Roof
- Shingle
Land & utilities4 property facts
- Lot size
- 1.26 acres
- Water
- Public
- Sewer
- Public Sewer
- Zoning
- V1
Financial2 property facts
- Annual taxes
- $16,145
- Assessment year
- 2025
Location
Estimated monthly cost
Explore costs at the $1,525,000 asking price. Adjust the assumptions to your situation.
Known monthly costs$9,057 / monthAdjust
- Principal & interest
- $7,711
- Property tax
- $1,345
- Insurance
- Not entered
- HOA
- Not entered
Listing annual taxes: $16,145. Initial monthly tax is one twelfth of that amount. HOA amount was not supplied.
Partial estimate: add insurance, monthly HOA to include those costs. Blank amounts are unknown.
The initial 6.5% rate is illustrative, not a current rate or lender quote. Excludes utilities, maintenance, closing costs and mortgage insurance, which may apply with a down payment below 20%. Taxes and insurance can change.
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About 186 Main Street
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Request a tour of 186 Main Street and a Bean Group agent will help coordinate an available time with the listing side.
Can you help me evaluate this property?
Yes. We can discuss condition, comparable sales, offer strategy and the questions worth asking before you decide whether to proceed.
Are property documents available?
Availability varies by property and source. Request the documents you need and we will help obtain what is available.