Mixed-Use Building with Office
New
For Sale
$375,000
112 Clinton Avenue, Winslow, ME 04901
Commercial Sale, Winslow, ME
Property Size2,748 SF
Lot Size0.28 Acres
Price / SF$136.46
Days on Market4
Property Features for 112 Clinton Avenue
General Information
Property type
Commercial Sale
Property subtype
Office
Zoning
MU
Rooms
Basement
Parking features
Off Street
Basement
Full
Accessibility
Accessible Approach with Ramp
Standard status
Active
Size
2,748 SF
Lot size
0.28 Acres
Additional Details
Tenant in Place
Yes
Property Use
Mixed-Use
Taxes and HOA fees
Tax Year
2026
Tax Annual Amount
2923
Utilities
Sewer type
Public Sewer
Heating system
Baseboard, Oil
Water source
Public
Amenities
kitchen
receptionist desk
full bath
half bath
Building Details
Year built
1937
Number of units
2
Flooring type
Carpet, Tile, Vinyl
Building materials
Wood Frame, Vinyl Siding
Roof type
Shingle
Buildings
1
Listing Agency:
Coldwell Banker Plourde Real Estate · Coldwell Banker Real Estate
(207) 872-7650
Listed By:
Dana Michaud
(207) 314-2268
Added: Nov 3
Last Checked: Nov 6 at 9:06AM
MLS# 1686678
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.
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Investment Insights
Based on property information with market context.
This 2,748-square-foot mixed-use property, built in 1937, combines a first-floor professional office layout with a two-story, four-bedroom apartment above. The office includes five rooms, a reception desk, a kitchen, one full bathroom and one half bathroom. The apartment is currently being rented for storage through July 2027. With town approval, the first-floor area could be converted into two two-bedroom apartments.
The property occupies 0.28 acres and is zoned MU. It has off-street parking, an accessible approach with a ramp, public water and public sewer. A convenience store is directly across the street.
The property occupies 0.28 acres and is zoned MU. It has off-street parking, an accessible approach with a ramp, public water and public sewer. A convenience store is directly across the street.
Key Highlights
- 2,748‑square‑foot mixed‑use building on 0.28 acres
- First‑floor professional suite with 5 offices, reception desk, kitchen, full bath and half bath
- Upstairs apartment has 4 bedrooms and two stories; currently rented as storage through July 2027
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$28,349
Cap Rate
7.56%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$566,980
$567.0K
Cap Rate 7%
$404,986
$405.0K
Cap Rate 9%
$314,989
$315.0K
Market Conditions
NOI Build-Up for 2,748 SF
Gross rent
$49.5K $18.00/SF
− Vacancy
−$4.1K −$1.49/SF
EGI
$45.4K $16.51/SF
− OpEx
−$17.0K −$6.19/SF
NOI
$28.3K $10.32/SF
Area
Kennebec County, ME
Vacancy
8.30%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$566,980
Cap Rate 7%
$404,986
Cap Rate 9%
$314,989
Alternative Uses
Best Use
Office B
$554.9K
$485.6K – $647.4K
NOI $38,846 @ 7.0% cap · market cap 10.36%
Second Best
Mixed Use
$405.0K
$354.4K – $472.5K
NOI $28,349 @ 7.0% cap · market cap 7.56%
Theoretical Best
Warehouse
$4.10M
$3.59M – $4.78M
NOI $286,982 @ 7.0% cap · market cap 76.53%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
2
Businesses Nearby
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Business Placement
Demographics for 04901, ME
26,491
Population
12,084
Households
2.2
Avg Household Size
41
Median Age
30%
College-Educated
93%
High-School Grad
78.8 sq mi
ZIP Area
336
Density / Sq Mi
$54,122
Median Household Income
$33,623
Median Earnings
$957
Median Rent
$188,800
Median Home Value
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Market
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Five professional offices occupy the first level, with a four-bedroom apartment upstairs that is being used for storage through July 2027.
Where is this mixed-use property located?
The property is located at 112 Clinton Avenue Winslow, ME.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: 2,748‑square‑foot mixed‑use building on 0.28 acres; First‑floor professional suite with 5 offices, reception desk, kitchen, full bath and half bath; Upstairs apartment has 4 bedrooms and two stories; currently rented as storage through July 2027
