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Bean Group
Offered at $925,000Active
beds
—
baths
0
sq ft
6,187
Built
1901

2 Chadbourne Road

Standish, ME 04084

About this home

Rare chance to own a turnkey, income-producing property in the heart of Standish. This unique offering combines three 1-bedroom, 1-bath apartments with an operating general store, giving investors both steady residential rental income and a commercial anchor with built-in foot traffic. Each apartment offers comfortable one-bedroom, one-bath living — ideal for tenants seeking a low-maintenance rental close to the Sebago Lake region, with easy access to Routes 25 and 35 and a short drive to Westbrook and Portland. The ground-level general store rounds out the property, serving as a neighborhood staple and a built-in revenue stream, whether you continue its current use or reimagine the space for a new commercial concept. With four income streams under one roof, 2 Chadbourne Rd is a compelling opportunity for an investor looking to diversify, an owner-operator wanting to live where they work, or anyone drawn to the charm and convenience of small-town Maine living just minutes from Sebago Lake and the greater Portland area. Property is on Public Water and Private Sewer (Septic).

Listing last checked: Listing updated:

Listed by Listing Agent · Elevate Maine Realty · MLS #1679973

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Details at a glance

Interior3 property facts
Heating
Electric, Oil, Propane, Baseboard, Heat Pump, Hot Water
Cooling
Heat Pump
Flooring
Carpet, Vinyl, Other
Building4 property facts
Style
Mixed Use
Year built
1901
Foundation
Poured Concrete
Roof
Composition, Shingle
Land & utilities4 property facts
Lot size
0.3 acres
Water
Public
Sewer
Public Sewer, Septic Tank, Engineered Septic
Zoning
Sebago Lake Village
Financial2 property facts
Annual taxes
$5,709
Assessment year
2025

Location

Estimated monthly cost

Explore costs at the $925,000 asking price. Adjust the assumptions to your situation.

Known monthly costs$5,153 / monthAdjust
Principal & interest
$4,677
Property tax
$476
Insurance
Not entered
HOA
Not entered

Listing annual taxes: $5,709. 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 2 Chadbourne Road

Can I request a private showing?

Request a tour of 2 Chadbourne Road 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.