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.
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