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Mixed-Use Property with Convenience Store
For Sale
$129,900

56 N Main Street, Solon, ME 04979

An upstairs apartment adds a residential component to the equipped retail space, which includes a commercial kitchen and walk-in coolers.

Property Size3,000 SF
Lot Size1.10 Acres
Price / SF$43.30
Days on Market1534

Property Features for 56 N Main Street

General Information

Standard status Active
Size 3,000 SF
Lot size 1.10 Acres
Property subtype Commercial
Zoning Res & Comm

Taxes and HOA fees

Annual Taxes $2,877

Building Details

Building Size 3,000 SF
Year Built 1950
Buildings 1
Stories 3
Listed By: Dan Amero
Source: Amerorealty
Added: Aug 15, 2022 Changed: Oct 25 Last Checked: Oct 25 at 10:17AM

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 Dan Amero

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Investment Insights

Based on property information with market context.

The 3,000-square-foot mixed-use property combines a convenience store space with a three-bedroom, one-bathroom apartment on the upper level. Retail improvements include two walk-in coolers with exterior access, a commercial kitchen with equipment, and shelving. The 1.10-acre site is almost entirely paved and provides on-site parking.

The property is on Route 201 and directly beside the ATV and ITS 87 Snowmobile Trail. Zoning is Res & Comm.

Key Highlights

  • 3,000‑square‑foot mixed‑use property with retail space and a three‑bedroom, one‑bathroom apartment
  • 1.10‑acre lot that is almost entirely paved
  • Two walk‑in coolers with exterior access

Property Analytics

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Current Use

Cardtronics ATM Atm Dos Amigos Restaurant Citgo Gas Station Conservative Coffee Cafe & Coffee Shop

Suggested Use

Top Pick Plumbing Service Building Supply Garden Center (Bike/Boat/Book/etc) Store Cafe & Coffee Shop Grocery & Convenience Store

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

Demographics for 04979, ME

978
Population
593
Households
1.6
Avg Household Size
51
Median Age
35%
College-Educated
90%
High-School Grad
39.6 sq mi
ZIP Area
25
Density / Sq Mi
$56,136
Median Household Income
$35,455
Median Earnings
$788
Median Rent
$179,500
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 Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - An upstairs apartment adds a residential component to the equipped retail space, which includes a commercial kitchen and walk-in coolers.
Where is this mixed-use property located?
The property is located at 56 N Main Street Solon, ME.
What is the asking price?
The asking price for this property is $129,900.
What are key features of this property?
This property features: 3,000‑square‑foot mixed‑use property with retail space and a three‑bedroom, one‑bathroom apartment; 1.10‑acre lot that is almost entirely paved; Two walk‑in coolers with exterior access
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