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Six-Unit Apartment Building
For Sale
$749,000

1102 Gilead Rd, Gilead, ME 04217

Six residential units border protected public land and sit across from a river boat launch and historic community landmarks.

Property Size1,808 SF
Price / SF$414.27
Days on Market53

Property Features for 1102 Gilead Rd

General Information

Standard status Active
Size 1,808 SF
Property subtype Multi-Family

Additional Details

Multifamily Units 6

Building Details

Year Built 1989
Listing Agency:
Listed By: Pouliot Real Estate
Source: Pouliotrealestate
Added: Jul 10 Changed: Aug 29 Last Checked: Aug 30 at 4:14PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Pouliot Real Estate

Investment Insights

Based on property information with market context.

This six-unit apartment building contains 1,808 SF and was built in 1989. The property directly borders the White Mountain National Forest Picnic Grounds, providing access to nearly 800,000 acres of protected public land. Six residential units offer flexibility for ownership and rental strategies, subject to local and state regulations.

A public boat launch on the Androscoggin River is across the street, along with the historic Gilead Train Station, town office, and schoolhouse. Sunday River Resort is approximately 20 minutes away. An active railroad continues to operate through the village, while the surrounding area supports four-season recreation including skiing, hiking, paddling, fishing, and fall activities.

Key Highlights

  • Six residential units in a 1,808 SF apartment building
  • Built in 1989
  • Directly borders the White Mountain National Forest Picnic Grounds

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Parking Lot & Garage Garden Center Furniture & Home Goods Real Estate 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

6
Residential units

Location Intelligence

Trade Area within ½ mile

15
Businesses Nearby

Demographics for 04217, ME

3,283
Population
2,579
Households
1.3
Avg Household Size
48
Median Age
37%
College-Educated
97%
High-School Grad
184.3 sq mi
ZIP Area
18
Density / Sq Mi
$58,152
Median Household Income
$34,764
Median Earnings
$878
Median Rent
$276,600
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Six residential units border protected public land and sit across from a river boat launch and historic community landmarks.
Where is this apartment building located?
The property is located at 1102 Gilead Rd Gilead, ME.
What is the asking price?
The asking price for this property is $749,000.
What are key features of this property?
This property features: Six residential units in a 1,808 SF apartment building; Built in 1989; Directly borders the White Mountain National Forest Picnic Grounds
More about this property
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