Mansard-Style Mixed-Use
156 N Main Street Brewer, ME 04412
156 N Main Street, Brewer, ME, 04412
$575,000
For Sale
$575,000
MULTI_FAMILY - Other - Brewer, ME
Property Size4,782 SF
Lot Size0.31 Acres
Price / SF$120.24
Days on Market38
Property Features for 156 N Main Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- CB - Conv Business
- Bathrooms
- 1
- Rooms
- Bathroom 1
- Interior features
- Other Amenities, Walk-in Closets, 1st Floor Bedroom, Shower, Storage
- Basement
- Finished, Walk-Out Access, Daylight, Crawl Space
- Standard status
- Active
- Size
- 4,782 SF
- Lot size
- 0.31 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 7252
Utilities
- Sewer type
- Public Sewer
- Heating system
- Electric (Heating), Other (Heating), Propane (Heating), Hot Water(Heating), Baseboard, Heat Pump (Heating)
- Cooling system
- Heat Pump
- Water source
- Public
- Water front features
- Stream
Building Details
- Year built
- 1900
- Number of units
- 2
- Flooring type
- Plank, Wood, Carpet, Tile
- Building materials
- Wood Frame, Clapboard
- Roof type
- Slate, Shingle, Flat, Membrane
- Architectural style
- Other
- Additional Structures
- Other, Storage
Listing Agency
EXP Realty
(888) 439-8743
41 Hutchins Drive Building 3, Rangeley, ME
Listed by
Tara Roy
(207) 991-8272
Added: Jun 13 Updated: Jul 13 at 10:30 pm Checked: Jul 20 at 11:06 pm
MLS# 1659609
Listing URL
Copyright © 2026 Maine Listings. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This distinctive Mansard-style property includes an expansive studio space on the main level, along with a true chef’s kitchen and a massive dining room. The main level also features three guest/client bathrooms and three additional rooms that can be used as offices and treatment rooms, or converted to residential use. A spiral staircase leads from the studio to a bonus room suitable for a sound booth. The lower level adds a luxury spa with a deep plunge pool, sauna, and several retreat/meditation rooms.
Upstairs, the property includes a beautifully appointed 2-bedroom, 1-bath apartment that was previously operated as an Airbnb. The property is zoned CB - Conv Business, and the offering is designed to support multiple future uses. Practical considerations include 10+ on-site parking spaces, and the Brewer Riverwalk is described as just steps away.
Overall, the building’s layout combines a dedicated studio/meeting space, spa amenities, and an apartment unit, creating a flexible live/work or operating configuration under the existing business zoning.
Upstairs, the property includes a beautifully appointed 2-bedroom, 1-bath apartment that was previously operated as an Airbnb. The property is zoned CB - Conv Business, and the offering is designed to support multiple future uses. Practical considerations include 10+ on-site parking spaces, and the Brewer Riverwalk is described as just steps away.
Overall, the building’s layout combines a dedicated studio/meeting space, spa amenities, and an apartment unit, creating a flexible live/work or operating configuration under the existing business zoning.
Key Highlights
- Mansard‑style property built in 1900 with flat/membrane/shingle/slate roofing materials
- Lower level includes spa amenities: deep plunge pool, sauna, and several retreat/meditation rooms
- Main level features an expansive studio space plus a spiral staircase to a bonus room suitable for a sound booth
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $66.0k | $13.80 |
| − Vacancy | −$3.4k | −$0.71 |
| EGI | $62.6k | $13.09 |
| − OpEx | −$18.8k | −$3.93 |
| NOI | $43.8k | $9.16 |
4,782 SF · lease $13.80/SF/yr · vacancy 5.13% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$626.1K
$547.8K – $730.4K
NOI $43,824 @ 7.0% cap · market cap 7.62%
Second Best
Apartment 5plus
$575.8K
$503.8K – $671.8K
NOI $40,307 @ 7.0% cap · market cap 7.01%
Theoretical Best
Office A
$1.54M
$1.35M – $1.80M
NOI $108,111 @ 7.0% cap · market cap 18.80%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Sonic Healing Theatre
Music Venue
Somatic Training Network, ...
Resort
Similar For Sale Nearby
Similar Off Market Nearby
- CBD ReLeaf Center — 49 haymarket sq, short st, bangor, me 04401
- R U Sore — 165 State St, Brewer, ME 04412
- Full Circle — 115 Franklin St STE 1B, Bangor, ME 04401
- Susan Murch — 43 Columbia St, Bangor, ME 04401
- Kinetic Wellness LLC — 191 S Main St, Brewer, ME 04412
FAQs
What type of property is this?
Spa & wellness property - Mansard-style building with an expansive studio, chef’s kitchen, spa lower level, and a 2-bedroom apartment above.
Where is this spa & wellness property located?
The property is located at 156 N Main Street Brewer, ME.
What is the asking price?
The asking price for this property is $575,000.
What are key features of this property?
This property features: Mansard‑style property built in 1900 with flat/membrane/shingle/slate roofing materials; Lower level includes spa amenities: deep plunge pool, sauna, and several retreat/meditation rooms; Main level features an expansive studio space plus a spiral staircase to a bonus room suitable for a sound booth
