34 Abbott Street, Brewer, ME 04412

Building Details

Year Built

1955

Listing office Show Phone

Listing date Jun 30, 2026

Source Mrgmaine.idxbroker

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Overview

This completely renovated mixed-use income property was updated in 2012 and includes 13 commercial suites leased to seven commercial tenants. The second floor has four modern apartments: three two-bedroom units and one one-bedroom unit. Each apartment includes a dishwasher and ice maker, and the building offers on-site coin laundry for residents and tenants. The operating model places responsibility for heat, lights, A/C, and electricity with the individual tenants.

Reported occupancy has been at 98% for 14 years, and the current NOI is stated as $294,858. The asset is described as being in great condition, with rents believed to be below market. No association is noted.

For buyers seeking an income-producing property with both commercial tenancy and residential living units, the mix of leased suites and apartments provides operational diversification within a fully renovated building. Tenants and residents benefit from in-unit amenities in the apartments and convenient on-site coin laundry. With utilities handled by each tenant, the day-to-day expense profile can be more straightforward than properties where the owner pays for heat, electricity, or cooling.

Suggested Use

Real Estate Agency Law Firm Restaurant Dental Office Spa & Massage Center Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

• Map
• Local Demand

City

Brewer

County

Penobscot

State

Maine

Longitude

-68.7718561

Latitude

44.7813148

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FAQs

What type of property is this?

Residential income property - Completely renovated building with 13 commercial suites, four apartments, and on-site coin laundry, with tenants paying utilities.

Where is this residential income property located?

The property is located at 34 Abbott Street Brewer, ME.

What is the asking price?

The asking price for this property is $4,100,000.

What are key features of this property?

This property features: Completely renovated in 2012, with central air cooling and gas natural heating (incl. bloboers/heat pump); Multi‑tenant building with 13 commercial suites occupied by 7 commercial tenants plus four apartments on the second floor; Apartment mix: (3) 2BR and (1) 1BR; all apartments include dishwashers and ice makers