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Renovated Mixed-Use Property
For Sale
$199,500

20 Main Street, Patten, ME 04765

Commercial space is paired with two rented two-bedroom apartments.

Property Size4,000 SF
Price / SF$49.88
Days on Market770

Property Features for 20 Main Street

General Information

Standard status Active
Size 4,000 SF
Property subtype Commercial
Zoning Business

Site & Location

Highway Access Yes
Road Access Yes

Units

Unit Mix 2 x 2BR
Multifamily Units 2

Additional Details

Business Included Yes

Taxes and HOA fees

Annual Taxes $2,624

Building Details

Building Size 4,000 SF
Year Built 1880
Buildings 2
Stories 2
Tenancy Multi
Listing Agency: Mooers Realty
Listed By: Andrew Mooers
Source: Startpoint
Added: Jul 13, 2024 Changed: Aug 21 Last Checked: Aug 21 at 2:50PM

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 Mooers Realty

Investment Insights

Based on property information with market context.

Built in 1880, this mixed-use property combines two connected buildings in a carefully renovated configuration. The approximately 4,000-square-foot asset includes nearly 2,000 square feet of storefront and business space, along with two rented two-bedroom apartments of approximately 1,000 square feet each. The commercial area has served as a drug store outlet since 1897 and is presented as ready for continued retail use or a new enterprise.

Located at 20 Main Street in Patten, the property fronts Route 11, where traffic is described as steady and slower-moving. Parking surrounds the building, and the site serves the Patten area as well as nearby communities including Shin Pond and Mount Chase. Its commercial and residential components provide a combined property format with existing apartment occupancy and established storefront space.

Key Highlights

  • Approximately 4,000 SF mixed‑use property in two connected buildings
  • Nearly 2,000 SF of storefront and business area
  • Two rented 2‑bedroom apartments, approximately 1,000 SF each

Property Analytics

Current Use

Drug stores

Suggested Use

Top Pick HVAC Service Plumbing Service Building Supply Auto Parts Store (Bike/Boat/Book/etc) Store Catering Service

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
Multi-tenant
Tenancy
Turnkey business
Opportunity
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

85
Businesses Nearby

Demographics for 04765, ME

1,122
Population
1,073
Households
1
Avg Household Size
52
Median Age
25%
College-Educated
90%
High-School Grad
750.6 sq mi
ZIP Area
1
Density / Sq Mi
$47,269
Median Household Income
$33,631
Median Earnings
$347
Median Rent
$120,400
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 - Commercial space is paired with two rented two-bedroom apartments.
Where is this mixed-use property located?
The property is located at 20 Main Street Patten, ME.
What is the asking price?
The asking price for this property is $199,500.
What are key features of this property?
This property features: Approximately 4,000 SF mixed‑use property in two connected buildings; Nearly 2,000 SF of storefront and business area; Two rented 2‑bedroom apartments, approximately 1,000 SF each
More about this property
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