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    1186 Eastern Ave Chelsea, ME 04330

    Sponsored
    For Sale
    $330,000

    COMMERCIAL - Chelsea, ME

    Property size:
    3,928 SF
    Lot size:
    2.00 Acres
    Days on Market:
    28
    Last Refresh:
    Jan 5 at 2:06 pm

    Property Features for 1186 Eastern Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    CC
    Size
    3,928 SF
    Lot size
    2.00 Acres

    Building Details

    Year built
    1990

    Vallee Harwood & Blouin Real Estate (207) 622-2220 [email protected]

    Listing agent Julian Harwood (207) 622-2220

    Listing date Dec 9, 2025

    Copyright © 2025 Maine Real Estate Information System, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Versatile Mixed-Use Property, Chelsea, ME

    This mixed-use property in Chelsea, Maine, presents a versatile opportunity with two residential units and a commercial space, situated on a level, wooded 2-acre lot. The property offers potential for rental income, a live/work setup, or business growth. An abundant parking area supports both tenants and customers. The main floor features a spacious 2-bedroom, 1-bath apartment, while the upper-level rear unit offers a 1-bedroom, 1-bath layout. The on-site commercial space adds further value and opportunities. With easy access off the main road, the property benefits from exceptional visibility and steady traffic flow. The building has a total size of 3928 square feet. Located minutes from local amenities, this property offers unlimited potential.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Mixed-use properties

    Suggested Use

    Wholesale Shop Auto Repair Shop Hotel & Motel Gym & Fitness Auto Parts Store Department Store Storage Facility Pet Grooming Service

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Chelsea
    County
    Kennebec
    State
    Maine
    Longitude
    -69.6747246
    Latitude
    44.2738877

    Nearby Similar for Sale

    • $330,000
      3,928 SF

      Mixed-Use Property on 2 Acres

      Versatile property with residential and commercial spaces on a wooded lot.
      1186 Eastern Ave, Chelsea, ME 04330
      View Details

    FAQs

    What type of property is this?
    Mixed-use property - Two residential units plus commercial space on a 2-acre lot.
    Where is this mixed-use property located?
    The property is located at 1186 Eastern Ave Chelsea, ME.
    What is the asking price?
    The asking price for this property is $330,000.
    What are key features of this property?
    This property features: - Versatile property with two residential units and a commercial space.; - Prime, level, wooded 2-acre lot.; - Potential for rental income, live/work setup, or business growth.
    (207) 592-7223
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    1186 Eastern Ave Chelsea, ME 04330
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1186 Eastern Ave Chelsea, ME 04330
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