$2,200,000
161 Main Street
Newport
Listing Courtesy of
Better Homes & Gardens Real Estate/The Masiello Group
161 Main Street, Newport, ME 04953
Unlock the potential of this Commercial property Renovations have started but aren't completed on this 11-unit apartment building property in the heart of Newport. Perfect for investors looking for an opportunity with much of the major work already done.
Key Features & Improvements:
New roof, windows, and electrical entrances.
Upgraded electrical systems.
New boiler and substantial plumbing work completed.
Sprinkler system already installed.
Generous off-street parking.
With most of the major infrastructure already in place, this property is primed for the finishing touches. The first floor could be completed and could be rented out quickly to begin generating income while finishing the remaining units.
Endless Potential: Five units with 1- bed/1 bath, 5- 2 bed/ 1 bath and 1 -3 bed/ 2 bath.
Don't miss this chance to capitalize on a project with strong bones and serious potential.
Key Features & Improvements:
New roof, windows, and electrical entrances.
Upgraded electrical systems.
New boiler and substantial plumbing work completed.
Sprinkler system already installed.
Generous off-street parking.
With most of the major infrastructure already in place, this property is primed for the finishing touches. The first floor could be completed and could be rented out quickly to begin generating income while finishing the remaining units.
Endless Potential: Five units with 1- bed/1 bath, 5- 2 bed/ 1 bath and 1 -3 bed/ 2 bath.
Don't miss this chance to capitalize on a project with strong bones and serious potential.
Listing Courtesy of
Better Homes & Gardens Real Estate/The Masiello Group
DETAILS
- Listing Id1640973
- StatusActive
- TypeCommercial Sale
- Map / Lot15 / 117 & 119A
- Book / Page16587 / 119
- Waste Water DisposalPublic Sewer
- WaterPublic
- Heat SystemBaseboard, Heat Pump, Hot Water
- CoolingHeat Pump
- ElectricCircuit Breakers
- BasementFull, Unfinished
- RoofMembrane
- GarageNo
- Lot FeaturesDowntown, Near Shopping, Near Turnpike/Interstate
- Parking FeaturesOn Site
- Checked For UpdatesThursday, October 16, 2025 at 7:32 PM
- IDX Listing UpdatedThursday, October 16, 2025 at 12:04 PM
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