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3-Unit Mixed-Use Building

12 S Main St, Andover, ME 04216

For Sale
$289,000

Two apartments and a ground-floor storefront provide residential and commercial space in one building.

Property Size1,800 SF
Price / SF$160.56
Days on Market13

Property Features for 12 S Main St

General Information

Standard status Active
Size 1,800 SF
Property subtype Residential Income

Units

Unit Mix 1 x 2BR, 1 x 1BR
Multifamily Units 2

Additional Details

Mixed-Use Components retail, residential

Taxes and HOA fees

Annual Taxes $1,415

Building Details

Buildings 1
Listing Agency: Bearfoot Realty
Listed By: Tamara Baker-Silver
Source: Exprealty
Added: Oct 27 Changed: Nov 6 Last Checked: Nov 6 at 2:30PM

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 Bearfoot Realty

Rey
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Investment Insights

Based on property information with market context.

This mixed-use building at 12 S Main St in Andover contains three units: a two-bedroom apartment upstairs, a one-bedroom apartment on the first floor, and a commercial storefront. Updates include a 2025 water heater, electrical work, a tile-lined chimney, and a new roof listed for 2026.

The property has a two-tank septic system with 1,500-gallon tanks; it was inspected and cleaned in 2024. Andover is described as a rural village with amenities nearby, within a region associated with snowmobiling, ATV riding, hiking, horseback riding, and skiing.

Key Highlights

  • Three units: a two‑bedroom apartment, a one‑bedroom apartment, and a commercial storefront
  • New roof listed for 2026; 2025 water heater and electrical updates
  • Two 1,500‑gallon septic tanks, inspected and cleaned in 2024

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Storefront properties

Suggested Use

Top Pick 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

2
Residential units

Location Intelligence

Trade Area within ½ mile

40
Businesses Nearby

Demographics for 04216, ME

666
Population
569
Households
1.2
Avg Household Size
54
Median Age
13%
College-Educated
95%
High-School Grad
140.2 sq mi
ZIP Area
5
Density / Sq Mi
$44,583
Median Household Income
$27,404
Median Earnings
$800
Median Rent
$157,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - Two apartments and a ground-floor storefront provide residential and commercial space in one building.
Where is this mixed-use property located?
The property is located at 12 S Main St Andover, ME.
What is the asking price?
The asking price for this property is $289,000.
What are key features of this property?
This property features: Three units: a two‑bedroom apartment, a one‑bedroom apartment, and a commercial storefront; New roof listed for 2026; 2025 water heater and electrical updates; Two 1,500‑gallon septic tanks, inspected and cleaned in 2024
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