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Mixed-Use Building with Storefront
New
For Sale
$289,000

12 S Main Street, Andover, ME 04216

Multi-Family, Andover, ME

Property Size1,800 SF
Lot Size0.24 Acres
Price / SF$160.56
Days on Market3

Property Features for 12 S Main Street

General Information

Property type Residential Multi Family
Property subtype Other
Bathrooms 2
Full bathrooms 2
Rooms Bathroom 1, Bathroom 2
Basement Crawl Space
Lot features Open, Level, Sidewalks, Intown, Rural
Standard status Active
Size 1,800 SF
Lot size 0.24 Acres

Additional Details

Mixed-Use Components residential, retail

Taxes and HOA fees

Tax Year 2026
Tax Annual Amount 1415

Utilities

Sewer type Private Sewer
Heating system Propane (Heating), Other (Heating)
Water source Public

Building Details

Year built 1800
Floors in Building 2
Number of units 3
Flooring type Laminate, Vinyl, Wood
Building materials Wood Frame, Wood Siding
Roof type Shingle
Architectural style Other
Listing Agency: Bearfoot Realty
Listed By: Tamara Baker-Silver
Added: Oct 27 Changed: Oct 28 Last Checked: Oct 29 at 4:06PM
MLS# 1685898

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.

Rey
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Investment Insights

Based on property information with market context.

This 1,800-square-foot mixed-use building contains three units: a two-bedroom apartment upstairs, a one-bedroom apartment on the first floor, and a separate storefront area for a commercial business. The property occupies 0.24 acres and was built in 1800. Interior finishes include wood, vinyl, and laminate flooring. Public water serves the building, with a private septic system for wastewater.

Updates over the past seven years include a roof replacement, chimney work with a tile liner, electrical improvements, and a 2025 water heater. The septic system consists of two 1,500-gallon tanks; it was inspected and cleaned in 2024. Heating includes propane.

Key Highlights

  • Three units: a two‑bedroom apartment, a one‑bedroom apartment, and storefront space
  • 1,800 square feet on a 0.24‑acre lot
  • 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

Triplexes

Suggested Use

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Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

39
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
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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 - Three units combine two apartments with a first-floor space for a commercial business.
Where is this mixed-use property located?
The property is located at 12 S Main Street 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 storefront space; 1,800 square feet on a 0.24‑acre lot; Two 1,500‑gallon septic tanks inspected and cleaned in 2024
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