About this home
Investment Property with Mixed-Use Potential in Central Maine. Positioned in the heart of Maine, this property presents an excellent opportunity for investors or business owners seeking a flexible income producing property. The building currently operates as a redemption center and includes two residential rental units, offering multiple revenue streams. The ground level features adaptable commercial space that could continue as its current operation or be leased to another business. The property has supported a variety of commercial uses in the past, including retail and restaurant operations, demonstrating strong versatility and visibility. Located near Great Moose Lake, Route 2, and other key destinations, the property benefits from consistent local and regional traffic. Property Overview: Commercial Unit: Open layout suitable for retail, service, or office use. Half bath and garage. Buyer would need to verify with CEO for any future changes. Apartment 1: 2 bedrooms, 1 bath, laundry hookups. Apartment 2: 3 bedrooms, 1 bath, laundry hookups. Whether you're looking for a turnkey investment or a property with room to expand your business ideas, this Maine gem offers excellent potential. Sq. Footage is estimated. Also listed as 1643907
Listing last checked: Listing updated:
Listed by Listing Agent · Better Homes & Gardens Real Estate/The Masiello Group · MLS #1642209
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Details at a glance
Interior3 property facts
- Heating
- Electric, Oil, Forced Air
- Cooling
- None
- Flooring
- Vinyl, Wood
Building4 property facts
- Style
- General Commercial
- Year built
- 1900
- Foundation
- Granite
- Roof
- Flat, Membrane, Metal
Land & utilities5 property facts
- Lot size
- 0.25 acres
- Water
- Public
- Sewer
- Public Sewer
- Waterfront
- Y
- Zoning
- N0ne
Financial2 property facts
- Annual taxes
- $3,154
- Assessment year
- 2025
Location
Estimated monthly cost
Explore costs at the $110,000 asking price. Adjust the assumptions to your situation.
Known monthly costs$819 / monthAdjust
- Principal & interest
- $556
- Property tax
- $263
- Insurance
- Not entered
- HOA
- Not entered
Listing annual taxes: $3,154. 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 49 Main Street
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