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Historic Mixed-Use Estate
For Sale
$1,620,000

10 S Arm Road, Andover, ME 04226

Commercial Sale, Andover, ME

Property Size9,600 SF
Lot Size127.00 Acres
Price / SF$168.75
Days on Market89

Property Features for 10 S Arm Road

General Information

Property type Commercial Sale
Property subtype Other
Zoning Mixed
Rooms Basement
Basement Full, Walk-Out Access
Lot features Other Location, Rural
Standard status Active
Size 9,600 SF
Lot size 127.00 Acres

Utilities

Sewer type Private Sewer
Heating system Wood Stove, Electric (Heating), Oil, Forced Air, Baseboard, Wood
Water source Private

Building Details

Flooring type Linoleum, Wood
Building materials Wood Frame, Wood Siding
Roof type Composition
Listing Agency: Coldwell Banker Realty · Coldwell Banker Real Estate
Listed By: Jason Clark · License #BA929485
Added: Jul 11 Changed: Oct 7 Last Checked: Oct 7 at 5:06PM
MLS# 1632205

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.

The 9,600-square-foot Merrill House estate includes a 16-bedroom, 7-bathroom main residence with a dining room and Great Hall, plus an income-producing caretaker’s cottage and garage and workshop space. The property dates to a 1791 homestead and received its final expansion in the early 1900s. Updated plumbing and 200-amp electrical service support partial heating and overnight use: up to 32 guests during three-season operation, or up to 12 guests year-round in six bedrooms with two full and two half baths, a study, and the Great Hall. Zoning is listed as Mixed.

The property is in Andover in Western Maine. Bethel, Sunday River and Black Mountain ski areas are about 30 minutes away, and the Appalachian Trail is about 12 minutes away. Portland International Jetport and North Conway, New Hampshire, are approximately 90 minutes away.

Key Highlights

  • 9,600‑square‑foot main residence with 16 bedrooms and 7 bathrooms
  • Caretaker’s cottage provides income; garage and workshop space also included
  • Three‑season overnight capacity of up to 32 guests; four‑season capacity of up to 12

Property Analytics

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Current Use

Wedding venues

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Real Estate Agency Travel Agency

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

Demographics for 04226, ME

88
Population
43
Households
2
Avg Household Size
66
Median Age
43%
College-Educated
91%
High-School Grad
4.9 sq mi
ZIP Area
18
Density / Sq Mi
$37,375
Median Household Income
$14,583
Median Earnings
$147,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
Mixed-use property - A substantial historic residence includes a caretaker’s cottage, event-oriented gathering spaces, and capacity for seasonal overnight stays.
Where is this mixed-use property located?
The property is located at 10 S Arm Road Andover, ME.
What is the asking price?
The asking price for this property is $1,620,000.
What are key features of this property?
This property features: 9,600‑square‑foot main residence with 16 bedrooms and 7 bathrooms; Caretaker’s cottage provides income; garage and workshop space also included; Three‑season overnight capacity of up to 32 guests; four‑season capacity of up to 12
More about this property
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