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Mixed-Use Property with Commercial Space
For Sale
$330,000

1186 Eastern Avenue, Chelsea, ME 04330

Two residential units plus an on-site commercial space are set on a level, wooded parcel with ample parking.

Property Size3,928 SF
Lot Size2.00 Acres
Price / SF$84.01
Days on Market413

Property Features for 1186 Eastern Avenue

General Information

Standard status Active
Size 3,928 SF
Lot size 2.00 Acres
Property subtype Multi-Family
Zoning CC

Additional Details

Road Access Yes

Taxes and HOA fees

Annual Taxes $3,800

Amenities

Forced Air, Direct Vent Heater
2
Bulkhead, Partial, Sump Pump, Unfinished
Laminate, Carpet
No
Yes
Laundry - 1st Floor, Main Level
1st Floor Bedroom, Bathtub, Shower
Concrete Perimeter, Slab
3.00
3
Shingle
Shed(s)
Wood Siding, Vinyl Siding, Wood Frame

Building Details

Year Built 1990
Units 3
Listing Agency: LAER Realty Partners
Listed By: Julian Harwood
Source: Compass
Added: Jun 25, 2025 Changed: Aug 8 Last Checked: Jul 21 at 2:31AM

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 LAER Realty Partners

Investment Insights

Based on property information with market context.

This mixed-use property at 1186 Eastern Avenue in Chelsea, ME includes two residential units and an on-site commercial space. The main floor features a spacious 2-bedroom, 1-bath apartment, and an upper-level rear unit offers a 1-bedroom, 1-bath layout. In addition to the residential components, the property has a dedicated commercial space designed to support business use alongside rental operations.

The site is described as a level, wooded 2-acre lot with abundant parking to accommodate both tenants and customers. The property also has easy access off the main road, and the public remarks note visibility and steady traffic flow.

For buyers seeking a property with both residential and commercial income potential, this configuration provides multiple functional spaces under one roof, backed by on-site parking and straightforward road access.

Key Highlights

  • Two residential units plus on‑site commercial space on a level, wooded 2‑acre parcel
  • Main floor apartment: 2 bedrooms and 1 bathroom
  • Upper‑level rear unit: 1 bedroom and 1 bathroom

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Big Box & Wholesale Store Pet Grooming Service Auto Parts Store Storage Facility Gym & Fitness Center Auto Repair Shop

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
Paved road access

Location Intelligence

Trade Area within ½ mile

17
Businesses Nearby

Demographics for 04330, ME

26,322
Population
13,017
Households
2
Avg Household Size
44
Median Age
28%
College-Educated
95%
High-School Grad
116.9 sq mi
ZIP Area
225
Density / Sq Mi
$55,158
Median Household Income
$43,177
Median Earnings
$912
Median Rent
$197,600
Median Home Value

Market

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Two residential units plus an on-site commercial space are set on a level, wooded parcel with ample parking.
Where is this duplex located?
The property is located at 1186 Eastern Avenue Chelsea, ME.
What is the asking price?
The asking price for this property is $330,000.
What are key features of this property?
This property features: Two residential units plus on‑site commercial space on a level, wooded 2‑acre parcel; Main floor apartment: 2 bedrooms and 1 bathroom; Upper‑level rear unit: 1 bedroom and 1 bathroom
More about this property
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