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Mixed-Use Building with Apartment
For Sale
$489,500

14 Main Street, Milbridge, ME 04658

Street-level retail is complemented by an upstairs residence and two additional buildings for studio or storage use.

Property Size3,634 SF
Price / SF$134.70
Days on Market732

Property Features for 14 Main Street

General Information

Standard status Active
Size 3,634 SF
Property subtype Commercial
Zoning Business/ Res

Units

Unit Mix 1 x 3BR/1BA
Multifamily Units 1

Additional Details

Mixed-Use Components retail, residential

Taxes and HOA fees

Annual Taxes $2,330

Amenities

wood floors
tin ceiling
half bath
storage room
office space
apartment
studio
storage spaces

Building Details

Building Size 3,634 SF
Year Built 1900
Buildings 3
Stories 3
Construction Mansard
Listing Agency: The Christopher Group, LLC
Listed By: Samra Kuseybi
Source: Amerorealty
Added: Oct 31, 2024 Changed: Oct 31 Last Checked: Oct 31 at 2:31PM

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 The Christopher Group, LLC

Rey
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Investment Insights

Based on property information with market context.

At 14 Main Street in Milbridge, this 3,634-square-foot mixed-use property combines first-floor retail with a three-bedroom apartment upstairs. The retail area has wood flooring, a 12-foot tin ceiling, a half bath, rear storage and office space. The apartment includes a living room, open kitchen and dining area, a full bath and laundry space. Stairs lead to a third level that may serve as additional living or storage space. The property was built in 1900 and is zoned Business/Res.

Two buildings behind the main structure have been used for studio and storage purposes. The retail business is not included in the sale. The property is located on Main Street in Milbridge, Maine.

Key Highlights

  • 3,634‑square‑foot mixed‑use property built in 1900
  • First‑floor retail with wood floors, 12‑foot tin ceiling, half bath, storage and office
  • Upstairs three‑bedroom apartment with open kitchen and dining area, full bath and laundry

Property Analytics

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Open Analytics

Current Use

Maine Coastal Islands ... Charitable Organization Riverlily (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Building Supply Auto Parts Store Dental Office Bakery (Bike/Boat/Book/etc) Store Pharmacy

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

1
Residential units

Location Intelligence

Trade Area within ½ mile

108
Businesses Nearby
4k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 100%
Family Dollar Shops & Services
2,983 visits/mo 0.3 miles
Napa Auto Parts Shops & Services
1,144 visits/mo 0.3 miles

Demographics for 04658, ME

1,375
Population
924
Households
1.5
Avg Household Size
50
Median Age
25%
College-Educated
92%
High-School Grad
23.8 sq mi
ZIP Area
58
Density / Sq Mi
$47,308
Median Household Income
$31,354
Median Earnings
$213,700
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 - Street-level retail is complemented by an upstairs residence and two additional buildings for studio or storage use.
Where is this mixed-use property located?
The property is located at 14 Main Street Milbridge, ME.
What is the asking price?
The asking price for this property is $489,500.
What are key features of this property?
This property features: 3,634‑square‑foot mixed‑use property built in 1900; First‑floor retail with wood floors, 12‑foot tin ceiling, half bath, storage and office; Upstairs three‑bedroom apartment with open kitchen and dining area, full bath and laundry
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