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Mixed-Use Village Corner Building
For Sale
$1,495,000

3 Main Street, Castine, ME 04421

Commercially zoned property combining storefront space with residential units in Castine village.

Property Size5,000 SF
Days on Market652

Property Features for 3 Main Street

General Information

Standard status Active
Size 5,000 SF
Property subtype Commercial
Zoning Commercial

Site & Location

Corner Location Yes
Road Access Yes

Additional Details

Multifamily Units 4

Taxes and HOA fees

Annual Taxes $4,450

Building Details

Building Size 5,000 SF
Year Built 1765
Buildings 1
Listing Agency: Saltmeadow Properties, Inc.
Listed By: Karen Koos
Source: Startpoint
Added: Oct 28, 2024 Changed: Aug 8 Last Checked: Aug 10 at 11:02AM

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 Saltmeadow Properties, Inc.

Investment Insights

Based on property information with market context.

This mixed-use building at 3 Main Street combines three commercial spaces with four residential units arranged across the top two floors. The configuration supports a combination of business and residential occupancy within one property, while the commercial zoning aligns with its existing mixed-use character. The building dates to 1765 and occupies a corner at Main Street and Water Street in Castine. Its position provides visibility toward the town dock as well as along Main Street, placing the property within the village’s central activity area. Existing businesses occupy the commercial spaces, and the residential component adds a separate use element to the upper floors.

Key Highlights

  • Three commercial spaces and four residential units
  • Commercial zoning
  • Corner location at Main Street and Water Street

Property Analytics

Current Use

Ebee's Sweets Bakery Compass Rose Books (Bike/Boat/Book/etc) Store The Breeze & Castine Variety Restaurant

Lease Details

4
Residential units
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

128
Businesses Nearby

Demographics for 04421, ME

1,320
Population
694
Households
1.9
Avg Household Size
27
Median Age
76%
College-Educated
100%
High-School Grad
7.8 sq mi
ZIP Area
169
Density / Sq Mi
$111,500
Median Household Income
$9,794
Median Earnings
$1,028
Median Rent
$557,700
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Commercially zoned property combining storefront space with residential units in Castine village.
Where is this mixed-use property located?
The property is located at 3 Main Street Castine, ME.
What is the asking price?
The asking price for this property is $1,495,000.
What are key features of this property?
This property features: Three commercial spaces and four residential units; Commercial zoning; Corner location at Main Street and Water Street
More about this property
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