Live-Work Residence with Private
10 Durham Road, Freeport, ME 04032
COMMERCIAL - Freeport, ME
Property size:
3,718 SFLot size:
2.30 AcresPrice / SF:
$194/SF- Added:
- Jun 20, 2026
- Days on Market:
- 9
- Last Refresh:
- Jun 28 at 2:06 pm
Property Features for 10 Durham Road
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- LB
- Rooms
- Basement
- Parking features
- Off Street
- Basement
- Full
- Standard status
- Active
- Size
- 3,718 SF
- Lot size
- 2.30 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Annual Amount
- 7025
Utilities
- Sewer type
- Private Sewer
- Heating system
- Oil, Hot Water(Heating), Baseboard, Zoned, Wood
- Water source
- Private, Well
Building Details
- Year built
- 1953
- Flooring type
- Wood, Tile
- Building materials
- Wood Frame, Wood Siding
- Roof type
- Shingle
Listing agent Raylene Estabrook (207) 749-1587
Listing office Signature Homes Real Estate Group, LLC 108 Mussey Road, Scarborough, ME (207) 885-0500
Listing date Jun 20, 2026
MLS# 1647278
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.
HighLights
- Built in 1953 with wood frame and wood siding; shingle roof and wood/tile flooring
- Main residence offers 5 bedrooms, 3.5 bathrooms, and multiple living areas including a family room with deck access
- Primary suite includes walk‑in closet, soaking tub, and separate shower; laundry closet on the second floor
- Attached 884 SF finished space with its own private entrance, multiple rooms, an additional full bathroom, deck access, and kitchenette area
- Zoned Local Business District with potential for mixed‑use or business purposes (subject to town approval)
- Utilities include private well water and private sewer; oil hot water heating with zoned baseboard heat; woodstove insert
Overview
This live-work property combines a five-bedroom main residence with an attached, separately accessed finished space designed for flexible use. The home includes 3.5 bathrooms and a floor plan featuring a welcoming entryway, a generous kitchen with adjoining dining area, a family room with access to one of two rear decks in the fenced yard, and a formal living room with custom built-ins and a woodstove insert. Two additional rooms on the first floor provide versatility for home offices, playroom, guest bedrooms, or a library. Upstairs, the expansive primary suite includes a walk-in closet, soaking tub, and separate shower, along with two large bedrooms, a full bathroom, and a convenient laundry closet.
An outstanding feature is the attached finished area with its own private entrance. It offers multiple rooms, an additional full bathroom, laundry hookup, deck access, and a kitchenette area, which may support in-home business use, professional office space, an accessory dwelling, or a guest suite. The property sits in the Local Business District (subject to town approval) and is located conveniently near major highways and shopping, with proximity to a walking and biking trail leading toward the village.
For tenants, buyers, or operators seeking a property that supports both everyday living and business or service-oriented operations, the separate-entry suite provides a practical layout for privacy and functionality. Prospective users should inquire with the town regarding the full range of permitted uses under the LB zoning designation.
An outstanding feature is the attached finished area with its own private entrance. It offers multiple rooms, an additional full bathroom, laundry hookup, deck access, and a kitchenette area, which may support in-home business use, professional office space, an accessory dwelling, or a guest suite. The property sits in the Local Business District (subject to town approval) and is located conveniently near major highways and shopping, with proximity to a walking and biking trail leading toward the village.
For tenants, buyers, or operators seeking a property that supports both everyday living and business or service-oriented operations, the separate-entry suite provides a practical layout for privacy and functionality. Prospective users should inquire with the town regarding the full range of permitted uses under the LB zoning designation.
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $118.2k | $31.80 |
| − Vacancy | −$7.1k | −$1.91 |
| EGI | $111.1k | $29.89 |
| − OpEx | −$50.0k | −$13.45 |
| NOI | $61.1k | $16.44 |
3,718 SF · lease $31.80/SF/yr · vacancy 6.00% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$873.2K
$764.1K – $1.02M
NOI $61,126 @ 7.0% cap · market cap 8.43%
Second Best
Office B
$760.4K
$665.3K – $887.1K
NOI $53,227 @ 7.0% cap · market cap 7.34%
Theoretical Best
Office A
$1.02M
$894.2K – $1.19M
NOI $71,533 @ 7.0% cap · market cap 9.87%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Single family properties
Location Insight
- Map
- Local Demand
- City
- Freeport
- County
- Cumberland
- State
- Maine
- Longitude
- -70.1099894
- Latitude
- 43.8651116
Nearby Similar for Sale
FAQs
What type of property is this?
Single family property - A spacious home with an attached finished suite and private entrance in the Local Business District.
Where is this single family property located?
The property is located at 10 Durham Road Freeport, ME.
What is the asking price?
The asking price for this property is $725,000.
What are key features of this property?
This property features: Built in 1953 with wood frame and wood siding; shingle roof and wood/tile flooring; Main residence offers 5 bedrooms, 3.5 bathrooms, and multiple living areas including a family room with deck access; Primary suite includes walk‑in closet, soaking tub, and separate shower; laundry closet on the second floor
