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

12 S Main Street, Andover, ME 04216

Commercial Sale, Andover, ME

Property Size1,083 SF
Lot Size0.24 Acres
Price / SF$266.85
Days on Market5

Property Features for 12 S Main Street

General Information

Property type Commercial Sale
Property subtype Other
Basement Crawl Space
Lot features Rural
Standard status Active
Size 1,083 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)
Water source Public

Building Details

Year built 1800
Number of units 3
Flooring type Wood, Laminate, Vinyl
Building materials Wood Frame, Wood Siding
Roof type Shingle
Buildings 1
Listing Agency: Bearfoot Realty
Listed By: Tamara Baker-Silver
Added: Oct 30 Changed: Nov 3 Last Checked: Nov 3 at 9:06PM
MLS# 1686296

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 1,083-square-foot, wood-frame property contains three units: a two-bedroom apartment upstairs, a one-bedroom apartment on the first floor, and an additional storefront area. The layout also allows the building to be used as a single-family residence or entirely for commercial purposes. Wood, vinyl, and laminate flooring are present, with propane heat and a shingle roof. The building dates to 1800 and sits on a 0.24-acre lot in Andover village.

Recent improvements include a 2026 roof, a 2025 water heater, electrical work, and a newly lined chimney. Public water serves the property, and two 1,500-gallon septic systems were inspected and serviced in 2024.

Key Highlights

  • Three units: a two‑bedroom apartment, a one‑bedroom apartment, and storefront space
  • 1,083 square feet on a 0.24‑acre lot
  • Roof replaced in 2026; water heater installed in 2025

Property Analytics

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

Current Use

Storefront properties

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.

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
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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 separate units include two apartments and ground-floor space suited to 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; 1,083 square feet on a 0.24‑acre lot; Roof replaced in 2026; water heater installed in 2025
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