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    14 Main St Milbridge, ME 04658

    Sponsored
    For Sale
    $489,500

    Charming Main Street building, retail & apartment.

    Property size:
    3,634 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    This exceptional mixed-use property at 14 Main Street in Milbridge, Maine, presents a unique investment opportunity. The beautifully restored Mansard-style building boasts 3,634 square feet on a one-acre lot. The ground floor offers a vibrant retail space, perfect for a variety of businesses. Features include stunning original wood floors, twelve-foot ceilings with tin detailing, abundant natural light, a half bath, a rear storage room, and dedicated office space. Upstairs, a spacious apartment provides excellent supplemental income potential or convenient on-site living. The apartment features the same beautiful wood floors as the retail space, a living room, an open kitchen and dining area, three bedrooms, and a full bathroom with laundry facilities. A third-floor level offers additional storage or the possibility of expansion. Two additional outbuildings on the property provide further versatility. One building could be utilized as a studio space, while the other offers ample storage. These outbuildings present additional leasing opportunities, expanding the income potential of this already impressive property. The property's rich history includes uses as a Post Office, Knights of Columbus hall, restaurant, mercantile, and seafood market. Located in the desirable Downeast Maine region, this property is ideally situated in the heart of Milbridge. Showings are by appointment only. Please note that the existing retail business is not included in the sale.

    Property Features for 14 Main St

    General Information

    Property type
    Mixed-use properties
    Square Feet
    3,634 SF
    Lot Size
    43,560 SF

    Building Details

    Year Built
    1900
    Property Profile Location Intelligence

    Current Use by Public Records

    Maine Coastal Islands ... Wildlife Refuge Riverlily Gift Shop

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Hair Salon Nail Salon Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Milbridge
    County
    Washington
    State
    Maine
    Longitude
    -67.88165
    Latitude
    44.53815

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    Nearby Similar for Sale

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    FAQs

    What type of property is this?
    Mixed-use property - Charming Main Street building, retail & apartment.
    Where is this mixed-use property located?
    The property is located at 14 Main St Milbridge, ME.
    What is the asking price?
    The asking price for this property is $489,500.
    (877) 350-4409
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    14 Main St Milbridge, ME 04658
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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
    14 Main St Milbridge, ME 04658
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