Listing Agency: ERA Dawson-Bradford Co., Realtors j***@eradawson.com Show Phone

Listed By: John Birmingham · License #BA920488

Source: Crexi

Added: Apr 10 Changed: Jul 20 Last Checked: Aug 5 at 8:31AM

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Investment Insights

Based on property information with market context.

Former school building on Main Street with structural integrity and a large interior footprint. The property provides over 8,000 square feet of blank space that is ready for repurposing, though it does need work. The offering includes a 1.2+/- acre lot with ample parking to support a range of redevelopment plans.

Located at 791 Main St in Old Town, the building benefits from a Main Street setting and straightforward site access with parking on site. This is a conversion opportunity for buyers looking to transform an existing institutional structure into a new use.

The asset is best suited for a redevelopment program that can accommodate necessary improvements while leveraging the existing building shell, substantial interior area, and on-site parking.

Key Highlights

• Former school building with structural integrity
• Over 8,000 sq ft of blank space
• Located on a 1.2 +/- acre lot

Property Analytics

Current Use

Schools

Suggested Use

Top Pick Real Estate Agency Building Supply Big Box & Wholesale Store Auto Parts Store Electrical Service Kitchen & Bath Showroom

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

45

Businesses Nearby

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Demographics for 04468, ME

8,801

Population

4,664

Households

1.9

Avg Household Size

38

Median Age

33%

College-Educated

96%

High-School Grad

122.8 sq mi

ZIP Area

72

Density / Sq Mi

$51,063

Median Household Income

$36,005

Median Earnings

$980

Median Rent

$182,200

Median Home Value

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Frequently Asked Questions

What type of property is this?

School - Former school building offering over 8,000 square feet of blank space on a 1.2+ acre lot with ample parking.

Where is this school located?

The property is located at 791 Main St Indian Island, ME.

What are key features of this property?

This property features: Former school building with structural integrity; Over 8,000 sq ft of blank space; Located on a 1.2 +/- acre lot