$750,000
This opportunity does not come around often. Located directly in the heart of Gray Village, 25 Main Street offers a rare opportunity for investors, business owners, or those seeking a versatile live-work property. Originally built in 1900 and fully renovated down to studs in 2018 with new wiring, insulation,… Read More and systems, this Colonial now features two updated 1-bedroom, 1-bath units, each designed with comfortable layouts and modern finishes with their own private deck. Hardwood floors, refreshed kitchens and baths, and bright living spaces make the units attractive for long-term tenants or short-term rental opportunities. Both units currently rented on month to month basis. Zoned for both residential and commercial use, the property provides endless flexibility. The large 1.08-acre in-town lot offers uncommon space for parking, outdoor use, or potential future enhancements — a rarity right in the Village center. Whether you're looking for a strong rental investment, a property to live in while generating income, or a unique location for a home-based business, this property is positioned to deliver both charm and return. Don't miss your chance to own one of Gray's most distinctive and versatile properties. Read Less
Courtesy of Elevate Maine Realty 207-203-9022
Listing Snapshot
Days Online
114
Last Updated
Full Baths
2
Square Ft.
3,696
Lot Size
1.08 Acres
Year Built
1900
MLS Number
1635141
Additional Details
Property Access
Road Surface Type: "Paved"
Basement
Basement: "Interior", "Unfinished"
Building
Architectural Style: "Cape Cod", Building Area Total: 3,696, Construction Materials: "Wood Siding", "Wood Frame", Number Of Units Total: 2, Year Built: 1900
Cooling
Cooling: "None"
Expenses
Operating Expense: $7,778
Exterior Features
Patio And Porch Features: "Deck", Patio And Porch Features: "Deck"
Foundation
Foundation Details: "Stone", "Brick/Mortar"
Garage
10 garage spaces
Heating
Heating: "Forced Air", Heating Included
Income
Gross Income: $45,600
Laundry
Features: "Laundry - 1st Floor", "Upper Level", "Main Level"
Lot
Features: "Open", "Level", "Intown", "Near Golf Course", "Near Turnpike/Interstate", "Neighborhood", 1.08 acres, Area: 1.08, 47,045 square feet
Parking
Features: "Storage Above", "5 - 10 Spaces", "Paved", "On Site"
Property
Parcel Number: GRAY-000035-000402-000058, Zoning: Village
Roof
Roof: "Pitched", "Shingle"
Sewer
Sewer: "Public Sewer"
Taxes
Annual Amount: $4,379, Tax Lot: 58
Utilities
Electric: "Circuit Breakers", Water Source: "Public"
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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.
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