32-Unit Apartment
New
For Sale
$750,000
1 Highland Avenue, Livermore Falls, ME 04254
Multi-Family, Livermore Falls, ME
Property Size36,608 SF
Lot Size1.32 Acres
Price / SF$20.49
Days on Market3
Property Features for 1 Highland Avenue
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
Gen
Rooms
Basement
Basement
Daylight, Walk-Out Access
Lot features
Open, Sidewalks, Near Shopping, Suburban
Standard status
Active
Size
36,608 SF
Lot size
1.32 Acres
Taxes and HOA fees
Tax Year
26
Tax Annual Amount
3847
Utilities
Sewer type
Public Sewer
Heating system
Propane (Heating), Steam, Other (Heating)
Water source
Public
Amenities
gymnasium
outdoor green space
Building Details
Floors in Building
3
Flooring type
Carpet, Wood, Concrete, Heavy duty
Building materials
Steel Frame, Brick, Other Exterior
Roof type
Membrane, Flat
Listing Agency:
Sprague & Curtis Real Estate
(207) 623-1123
Listed By:
Ann Castonguay
(207) 242-1464
Added: Sep 14
Last Checked: Sep 16 at 4:06AM
MLS# 1680544
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.
Investment Insights
Based on property information with market context.
This 36,608-square-foot apartment development is planned within a former schoolhouse building on 1.32 acres. Approved plans call for 32 apartments, including 16 one-bedroom units, 12 two-bedroom units, and four three-bedroom units. At least eight apartments are planned for ADA compliance. The building retains its existing character while providing space for a gymnasium, computer lab, recreation area, and laundry facilities.
Planning board approval, blueprints, and a site plan are complete. The property includes a three-floor elevator, 43 parking spaces, outdoor green space, public water, and public sewer. General zoning is identified as Gen, with other uses permitted. The site offers views toward the Androscoggin River and is located near town conveniences.
Planning board approval, blueprints, and a site plan are complete. The property includes a three-floor elevator, 43 parking spaces, outdoor green space, public water, and public sewer. General zoning is identified as Gen, with other uses permitted. The site offers views toward the Androscoggin River and is located near town conveniences.
Key Highlights
- 32‑unit apartment project with 16 one‑bedroom, 12 two‑bedroom, and 4 three‑bedroom units
- 36,608 square feet on 1.32 acres
- Planning board approval, blueprints, and site plan completed
Property Analytics
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Current Use
Lease Details
32
Residential units
Location Intelligence
Trade Area within ½ mile
188
Businesses Nearby
Explore this area
Business Placement
Demographics for 04254, ME
3,060
Population
1,676
Households
1.8
Avg Household Size
39
Median Age
16%
College-Educated
93%
High-School Grad
19.7 sq mi
ZIP Area
155
Density / Sq Mi
$44,535
Median Household Income
$31,898
Median Earnings
$823
Median Rent
$162,500
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Apartment building - Approved adaptive-reuse housing project with planned apartments, shared amenities, elevator access, and on-site parking.
Where is this apartment building located?
The property is located at 1 Highland Avenue Livermore Falls, ME.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: 32‑unit apartment project with 16 one‑bedroom, 12 two‑bedroom, and 4 three‑bedroom units; 36,608 square feet on 1.32 acres; Planning board approval, blueprints, and site plan completed
