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37 & 39 E Main Street

Searsport

$1,375,000

beds   ·   baths   ·   6,883 sqft   ·   0.06 acres   ·   taxes: $3,320   ·   MLS#: 1623703

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 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.

MORE DETAILS

Structure

  • Electric : Circuit Breakers
  • Year Built : 1864
  • Flooring : Wood, Tile, Carpet
  • Roof : Metal, Pitched, Shingle
  • Basement : Bulkhead, Full, Unfinished
  • Heating : Heat Pump
  • Cooling : Heat Pump

Site

  • Water Frontage : Yes
  • Water Body Type : Harbor
  • Water Source : Public
  • Sewer : Public Sewer
  • Zoning : Commercial
Listing provided by RE/MAX JARET & COHN
contact belfast@jaretcohn.com

Listing data is derived in whole or in part from the Maine IDX & is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.
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Camden Real Estate participates in MREIS' Maine Internet Data Exchange (Maine IDX) program, allowing us to display other Maine IDX Participant's Listings. We have chosen, however, to limit the Listings shown on this page to only those Listings meeting the following criteria: listings in Maine only.


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© Camden Real Estate Company
43 Elm Street
Camden, Maine 04843
207.236.6171
info@camdenre.com
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43 Elm Street Camden, Maine 04843
207.236.6171     info@camdenre.com
   
© Camden Real Estate Company
privacy policy