$1,548,500
37 & 39 E Main Street
Searsport
Listing Courtesy of
RE/MAX JARET & COHN
37 & 39 E Main Street, Searsport, ME 04974
Rare Oceanview Investment Opportunity, Mixed-Use 7-Unit Property in Prime Midcoast Location! MOTIVATED SELLER! 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.
• 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.
Listing Courtesy of
RE/MAX JARET & COHN
DETAILS
- Listing Id1623703
- StatusActive
- TypeCommercial Sale
- Map / Lot12 / 26 & 27
- Book / Page4477 / 6-8
- Waste Water DisposalPublic Sewer
- WaterPublic
- Heat SystemHeat Pump
- CoolingHeat Pump
- ElectricCircuit Breakers
- BasementBulkhead, Full, Unfinished
- RoofMetal, Pitched, Shingle
- FloorsCarpet, Tile, Wood
- GarageNo
- Lot FeaturesDowntown, Historic District, Near Shopping, Retail Strip, Water View
- Parking Features5 - 10 Spaces, On Street, Other
- Water ViewYes
- Checked For UpdatesWednesday, July 9, 2025 at 3:03 PM
- IDX Listing UpdatedMonday, July 7, 2025 at 11:57 PM
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