Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    49 Main St Hartland, ME 04943

    View on Map
    Sponsored
    For Sale
    $130,000

    MULTI_FAMILY - Hartland, ME

    Property size:
    3,500 SF
    Lot size:
    0.25 Acres
    Days on Market:
    4
    Last Refresh:
    Mar 10 at 2:06 am

    Property Features for 49 Main St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Zoning
    N0ne
    Rooms
    Bathroom 1, Basement, Bathroom 2
    Basement
    Full, Unfinished
    Size
    3,500 SF
    Lot size
    0.25 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Forced Air
    Water source
    Public

    Building Details

    Year built
    1900
    Number of units
    2
    Flooring type
    Wood, Vinyl
    Building materials
    Vinyl Siding, Wood Frame
    Roof type
    Metal, Flat, Membrane

    We can help!

    Listing Contact
    Melissa Bartlett

    Better Homes and Gardens Real Estate The Masiello Group (603) 283-1914

    Listing agent Melissa Bartlett (207) 942-6711

    Listing date Mar 6, 2026

    MLS# 1643907 Listing URL

    Copyright © 2026 Maine Listings. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Mixed-Use Investment Property in Maine

    This mixed-use property is located in central Maine and presents an opportunity for investors or business owners. Currently operating as a redemption center, the building includes two residential rental units, offering multiple revenue streams. The ground level features adaptable commercial space that could continue as its current operation or be leased to another business. The property has supported a variety of commercial uses in the past, including retail and restaurant operations. Located near Great Moose Lake and Route 2, the property benefits from consistent local and regional traffic. The commercial unit features an open layout suitable for retail, service, or office use, and includes a half bath and garage. Apartment 1 has 2 bedrooms, 1 bath, and laundry hookups. Apartment 2 has 3 bedrooms, 1 bath, and laundry hookups. The property is situated on a lot of approximately 0.25 acres. The building size is approximately 3500 square feet. The buyer would need to verify with the CEO for any future changes.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Hartland Redemption Center Recycling Center

    Suggested Use

    Restaurant Building Supply Dental Office Spa & Massage Center Big Box & Wholesale Store Hair Salon Nail Salon Food Market Grocery & Convenience Store Grocery & Convenience Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Hartland
    County
    Somerset
    State
    Maine
    Longitude
    -69.448886
    Latitude
    44.883005

    Nearby Similar for Sale

    • $225,000
      1,056 SF

      Hartland Laundromat: Turn-Key Investment

      Well-maintained laundromat with solid income potential in Hartland, Maine.
      30 Commercial St, Hartland, ME 04943
      View Details
    • $150,000
      3,500 SF

      Mixed-Use Investment Property in Maine

      Income-producing property with commercial space and residential units.
      49 Main St, Hartland, ME 04943
      View Details
    • New
      $200,000
      2,484 SF

      Renovated Multifamily Home in Hartland

      Two-unit home with expansion potential, renovated in 2023.
      83 Commercial St, Hartland, ME 04943
      View Details
    • New
      $130,000
      3,500 SF

      Mixed-Use Investment Property in Maine

      Income-producing property with commercial and residential units in central Maine.
      49 Main St, Hartland, ME 04943
      View Details
    • $150,000
      3,500 SF

      Mixed-Use Investment Property, Central Maine

      Income-producing property with commercial space and residential units.
      49 Main St, Hartland, ME 04943
      View Details

    FAQs

    What type of property is this?
    Mixed-use property - Income-producing property with commercial and residential units in central Maine.
    Where is this mixed-use property located?
    The property is located at 49 Main St Hartland, ME.
    What is the asking price?
    The asking price for this property is $130,000.
    What are key features of this property?
    This property features: - Multiple Revenue Streams: Operates as a redemption center with two residential rental units.; - Adaptable Commercial Space: Ground level suitable for retail, service, or office use.; - Prime Location: Near Great Moose Lake and Route 2, benefiting from consistent traffic.
    (207) 942-6711
    Request Owner's contact information
    49 Main St Hartland, ME 04943
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    49 Main St
    Hartland, ME 04943
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    49 Main St Hartland, ME 04943
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Melissa Bartlett
    (207) 942-6711 (207) 487-1704 (207) 487-3221
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!