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Two-Story Flex Building with Garage Bay
For Sale
$199,900

168 Highland Terrace, Mexico, ME 04257

Commercial Sale, Mexico, ME

Property Size7,200 SF
Lot Size3.50 Acres
Price / SF$27.76
Days on Market136

Property Features for 168 Highland Terrace

General Information

Property type Commercial Sale
Property subtype Other
Rooms Basement
Basement Walk-Out Access, Partial
Lot features Near Shopping
Standard status Active
Size 7,200 SF
Lot size 3.50 Acres

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 1247

Utilities

Heating system None (Heating)
Water source Public

Amenities

direct access to Maine ITS snowmobile trail

Building Details

Year built 1956
Flooring type Concrete, Wood
Building materials Vinyl Siding
Roof type Metal
Listing Agency: Allied Realty
Listed By: Justin Evans
Added: May 14 Changed: Sep 12 Last Checked: Sep 26 at 5:06PM
MLS# 1654775

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 two-story flex building contains 7,200 square feet within a 36-by-100-foot footprint. Improvements include vinyl siding, thermal-pane windows, a metal roof, and a fully concrete first floor. The property also includes a basement and a garage bay beneath the building, along with upgraded 200-amp electrical service. Public water is available, while no heating system is identified.

The building occupies 3.5 acres in Mexico, Maine, with direct access to the Maine ITS snowmobile trail. Additional acreage is available, providing an option to expand the land component. Built in 1956, the property combines an adaptable building configuration with a substantial outdoor setting and lower-level garage access.

Key Highlights

  • 7,200‑square‑foot two‑story flex building with a 36‑by‑100‑foot footprint
  • 3.5‑acre property with additional acreage available
  • New vinyl siding and thermal‑pane windows

Property Analytics

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Current Use

Flex space

Suggested Use

Top Pick Electrical Service Locksmith Pharmacy Real Estate Agency Garden Center (Bike/Boat/Book/etc) 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

26
Businesses Nearby
Well-served
Demand for This Use

Demographics for 04257, ME

2,756
Population
1,490
Households
1.8
Avg Household Size
45
Median Age
12%
College-Educated
93%
High-School Grad
23.3 sq mi
ZIP Area
118
Density / Sq Mi
$54,052
Median Household Income
$34,404
Median Earnings
$843
Median Rent
$104,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Industrial in Northeast region

5.4% 2019
4.6% 2020
3.2% 2021
3.3% 2022
5.3% 2023
6.6% 2024
7.6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Flex space - Updated exterior systems and a concrete lower level support flexible commercial use with direct snowmobile trail access.
Where is this flex space located?
The property is located at 168 Highland Terrace Mexico, ME.
What is the asking price?
The asking price for this property is $199,900.
What are key features of this property?
This property features: 7,200‑square‑foot two‑story flex building with a 36‑by‑100‑foot footprint; 3.5‑acre property with additional acreage available; New vinyl siding and thermal‑pane windows
More about this property
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