37 & 39 E Main Street
Searsport, ME 04974
Square Ft.
6,883
$1,365,000
MAKE AN OFFER, MOTIVATED SELLER! Rare Oceanview Investment Opportunity, Mixed-Use 7-Unit Property in Prime Midcoast Location! Located just steps from the beach and park, this nearly 8,000± SF mixed-use building sits directly on high-traffic US Route 1A (11,000-16,000 cars/day) and is currently the only commercial/residential property available along this highly… Read More visible Midcoast corridor and is priced below current retail assessed value. Property features: • 2 Commercial Units, situated on a newly renovated street in Searsport's Historic Tax Credit District (HTC). • 5 Residential Units have been newly constructed, each with smart home systems, marble finishes, porcelain tile, and glass showers, including the water view 4th floor Penthouse. • Ocean views, exceptional exposure, and pedestrian traffic from nearby attractions. This nearly turnkey asset has strong ROI potential. Ideal for investors seeking a premium coastal property with stable rental income, tax benefits, and minimal upkeep. List of rental inquiries available. Don't miss this opportunity to own a high-performance property in one of Maine's most desirable seaside communities. Showings by appointment only. Read Less
Courtesy of RE/MAX JARET & COHN belfast@jaretcohn.com
Listing Snapshot
Days Online
206
Last Updated
Property Type
Mixed Use
Square Ft.
6,883
Lot Size
0.06 Acres
Year Built
1864
MLS Number
1623703
Additional Details
Basement
Basement: "Bulkhead", "Full", "Unfinished"
Building
Building Area Total: 6,883, Building Features: "Security System", "Generator", "Fire System", Construction Materials: "Brick", "Masonry", Year Built: 1864, 4 stories
Cooling
Cooling Included, Cooling: "Heat Pump"
Exterior Features
Other Equipment: "Internet Access Available"
Floors
Flooring: "Wood", "Tile", "Carpet"
Heating
Heating: "Heat Pump", Heating Included
Lot
Features: "Water View", "Downtown", "Historic District", "Near Shopping", "Retail Strip", 0.06 acres, Area: 0.06, 2,614 square feet
Parking
Features: "5 - 10 Spaces", "Other", "On Street"
Property
Business Type: "Bar/Tavern/Lounge", "Commercial", "Executive Suites", "Grocery", "Medical", "Retail", "Special Purpose", "Restaurant", "Other", Parcel Number: 37&39EastMainStreetSearsport04974, Property Sub Type: Mixed Use, Zoning: Commercial
Roof
Roof: "Metal", "Pitched", "Shingle"
Sewer
Sewer: "Public Sewer"
Taxes
Annual Amount: $3,320, Tax Lot: 26 & 27
Utilities
Electric: "Circuit Breakers", Water Source: "Public"
Find The Perfect Home
'VIP' Listing Search
Whenever a listing hits the market that matches your criteria you will be immediately notified.
Thank you for reaching out! I will be able to read this shortly and get ahold of you so we can chat.
~Please Select Date
Please Select Type
Listing Information © Maine Real Estate Information System, Inc. All Rights Reserved.
Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.
Confirm your time
Fill in your details and we will contact you to confirm a time.
Find My Dream Home
Put an experts eye on your home search! You’ll receive personalized matches of results delivered direct to you.