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Bean Group
Offered at $499,000Active
beds
—
baths
0
sq ft
3,696
Built
1987

398 E Main Street

Searsport, ME 04974

About this home

Versatile Mixed-Use Commercial Property on Route 1 in Searsport! Discover a distinctive investment and owner-occupant opportunity along highly visible Route 1. This building currently accommodates an operating creamery, a separate commercial rental space, and a two-bedroom apartment on the second floor—bringing business, rental, and residential uses together under one roof. A creamery currently operates within the building, demonstrating its suitability for a customer-facing food or retail business. An additional commercial unit provides flexibility for another business, tenant income, or future expansion. The fully furnished second-floor residence offers convenient housing for an owner, employee, or tenant and creates an additional potential income stream. A prominent Searsport setting on one of Maine's key coastal travel corridors, offering strong exposure and convenient access. Heat pumps installed in each unit in 2020. New septic system installed in 2020. New roof 2018. Generator installed 2020.

Listing last checked: Listing updated:

Listed by Listing Agent · ERA Dawson-Bradford Co. · MLS #1679934

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Details at a glance

Interior3 property facts
Heating
Electric, Heat Pump
Cooling
Heat Pump
Flooring
Concrete, Vinyl, Wood
Building4 property facts
Style
Mixed Use
Year built
1987
Foundation
Slab
Roof
Shingle
Land & utilities4 property facts
Lot size
1 acres
Water
Public
Sewer
Private Sewer, Septic Tank
Zoning
Commercial 2
Financial1 property facts
Assessment year
2026

Location

Estimated monthly cost

Explore costs at the $499,000 asking price. Adjust the assumptions to your situation.

Known monthly costs$2,523 / monthAdjust
Principal & interest
$2,523
Property tax
Not entered
Insurance
Not entered
HOA
Not entered

Annual property taxes were not supplied. HOA amount was not supplied.

Partial estimate: add property tax, 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 398 E Main Street

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Request a tour of 398 E 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?

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