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5-Unit Mixed-Use Building

168 Main Street, Norway, ME 04268

For Sale
$200,000

The property combines residential apartments with a ground-floor commercial space and river access at the rear.

Property Size2,852 SF
Price / SF$70.13
Days on Market131

Property Features for 168 Main Street

General Information

Standard status Active
Size 2,852 SF
Property subtype MULTI_FAMILY

Site & Location

Road Access Yes
Mixed-Use Components residential, commercial

Additional Details

Multifamily Units 4

Taxes and HOA fees

Annual Taxes $5,890

Building Details

Building Size 2,852 SF
Year Built 1900
Buildings 1
Tenancy Multi
Listing Agency: Allied Realty
Listed By: MacKenzie McInnis
Source: Hoangrealty
Added: Jul 2 Changed: Nov 8 Last Checked: Nov 8 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 Allied Realty

Rey
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Investment Insights

Based on property information with market context.

This 2,852-square-foot mixed-use property contains five units: four residential units and one commercial space on the first floor. Originally built as a single-family farmhouse in 1900, the building is being offered as-is. Parking and a backyard are also part of the property, which reaches the Little Androscoggin River at its rear boundary.

The site fronts Main Street in Norway, Maine, with the hospital across the street. Local schools and businesses are within a short walk or drive.

Key Highlights

  • Five units: four residential and one first‑floor commercial space
  • 2,852 square feet; built in 1900
  • Main Street frontage with the Little Androscoggin River at the rear

Property Analytics

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Open Analytics

Current Use

Mixed-use properties

Suggested Use

Top Pick Law Firm Building Supply Real Estate Agency (Bike/Boat/Book/etc) Store Bakery Furniture & Home Goods

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

4
Residential units
Multi-tenant
Tenancy
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

507
Businesses Nearby

Demographics for 04268, ME

5,077
Population
2,869
Households
1.8
Avg Household Size
48
Median Age
23%
College-Educated
90%
High-School Grad
45.0 sq mi
ZIP Area
113
Density / Sq Mi
$53,162
Median Household Income
$35,897
Median Earnings
$758
Median Rent
$184,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - The property combines residential apartments with a ground-floor commercial space and river access at the rear.
Where is this mixed-use property located?
The property is located at 168 Main Street Norway, ME.
What is the asking price?
The asking price for this property is $200,000.
What are key features of this property?
This property features: Five units: four residential and one first‑floor commercial space; 2,852 square feet; built in 1900; Main Street frontage with the Little Androscoggin River at the rear
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