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    37 E Main St Searsport, ME 04974

    For Sale
    $1,365,000

    MULTI_FAMILY - Other - Searsport, ME

    Property size:
    6,883 SF
    Lot size:
    0.06 Acres
    Days on Market:
    93
    Last Refresh:
    Dec 5 at 4:06 am

    Property Features for 37 E Main St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Security features
    Security System
    Zoning
    Mixed Use
    Rooms
    Bathroom 3, Bathroom 5, Bathroom 7, Bathroom 8, Basement, Bathroom 1, Bathroom 2, Bathroom 4, Bathroom 6
    Parking features
    Off Street, On Street
    Interior features
    Primary Bedroom w/Bath
    Basement
    Full, Sump Pump, Unfinished
    Size
    6,883 SF
    Lot size
    0.06 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Heat Pump (Heating)
    Cooling system
    Heat Pump
    Water source
    Public

    Building Details

    Year built
    1864
    Number of units
    5
    Flooring type
    Carpet, Wood, Tile
    Building materials
    Vinyl Siding, Brick, Masonry
    Roof type
    Shingle, Metal
    Architectural style
    Other

    RE/MAX Jaret & Cohn (207) 236-9626 [email protected]

    Listing agent Keirsten Wyman (207) 338-4220

    Listing date Sep 4, 2025

    MLS# 1626945 Listing URL

    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

    Searsport Mixed-Use Property with Penthouse

    Located in downtown Searsport, this mixed-use property offers an opportunity to live, work, and invest near the waterfront. Situated across from the Penobscot Marine Museum, a local brewery, and various small businesses, the property is surrounded by culture and commerce. The building includes two Main Street storefronts suitable for retail, studio, gallery, or office use, which can be combined. Above, five renovated residential units span the upper levels, including a fourth-floor penthouse with water views. Third-floor units also have harbor views. The property has been renovated with guidance from the local historical society to preserve original features, including tin ceilings on the first floor. The entire structure has been rebuilt from the inside out, with renovations meeting current codes and done in partnership with preservation specialists. The residential spaces feature exposed original brick and architectural elements integrated with modern systems and finishes. All units have energy-efficient heat pumps and in-unit washer/dryer hookups. The commercial spaces are ready for final fit-out.
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Wholesale Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Searsport
    County
    Waldo
    State
    Maine
    Longitude
    -68.92514
    Latitude
    44.458534

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    FAQs

    What type of property is this?
    Mixed-use property - Renovated mixed-use property in downtown Searsport with water views.
    Where is this mixed-use property located?
    The property is located at 37 E Main St Searsport, ME.
    What is the asking price?
    The asking price for this property is $1,365,000.
    What are key features of this property?
    This property features: - Completely renovated mixed-use property in downtown Searsport, offering living, working, and investment opportunities.; - Enjoy STUNNING fourth-floor penthouse with panoramic water views.; - Two spacious Main Street storefronts suitable for retail, studio, gallery, or office use.
    (207) 338-4220
    Request Owner's contact information
    37 E Main St Searsport, ME 04974
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    Searsport, ME 04974
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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
    37 E Main St Searsport, ME 04974
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