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Medical Office Building with Stream
For Sale
$375,000

176 Main Street, Norway, ME 04268

COMMERCIAL - Norway, ME

Property Size4,178 SF
Lot Size0.66 Acres
Price / SF$89.76
Days on Market51

Property Features for 176 Main Street

General Information

Property type Commercial Sale
Property subtype Office
Rooms Basement
Interior features Storage
Basement Partial, Unfinished
Lot features Downtown, Business District, Near Shopping
Standard status Active
Size 4,178 SF
Lot size 0.66 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 6629

Utilities

Sewer type Public Sewer
Heating system Zoned, Baseboard, Hot Water(Heating), Oil
Water source Public
Water front features Stream

Building Details

Year built 1900
Flooring type Vinyl, Carpet, Wood
Building materials Wood Frame, Shingle Siding
Roof type Shingle, Metal
Additional Structures Storage
Listing Agency: Keller Williams Coastal and Lakes & Mountains Realty · Keller Williams Realty
Listed By: Lisa Church
Added: Jun 22 Changed: Aug 4 Last Checked: Aug 11 at 5:06PM
MLS# 1668449

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.

Medical Office Space investment featuring a wood frame building with shingle siding and approximately 4,178± square feet. The interior includes storage, and finishes include carpet, vinyl, and wood. Heating is provided via oil-fired, zoned hot water with baseboard. The property is supported by public water and public sewer service, and the roof includes shingle and metal components. A stream is noted as a waterfront feature, and the building includes a basement.

The tenant occupies the majority of the building under a gross lease that was recently renewed through December 2029. Shared common areas support day-to-day operations, and additional space within the building is available for lease. The property is on Main Street in Norway, Maine, directly across from MaineHealth Stephens Hospital, providing strong healthcare-adjacent visibility within an established healthcare corridor.

Key Highlights

  • Approximately 4,178± SF medical office building with storage and shared common areas
  • Gross lease recently renewed through December 2029; tenant occupies the majority of the building
  • 0.66‑acre property on Main Street, directly across from MaineHealth Stephens Hospital

Property Analytics

Current Use

Concentra Norway Health Saco Bay Orthopaedic ... Medical Clinic Richard Bader Physical ... Gym & Fitness Center David Davidson Physician Beagan Timothy P Alternative Medicine Practice

Suggested Use

Top Pick Law Firm Building Supply Real Estate Agency (Bike/Boat/Book/etc) Store Storage Facility 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

Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

507
Businesses Nearby
Balanced
Demand for This Use

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

Market

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
Rey
Questions? Ask Rey
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Similar Off Market Nearby

  • Norway Veterinary Hospital 10 Main St, Norway, ME 04268

Frequently Asked Questions

What type of property is this?
Medical Office Space - Majority-leased medical office with shared common areas, storage, and stream feature across from MaineHealth Stephens Hospital.
Where is this medical office space located?
The property is located at 176 Main Street Norway, ME.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: Approximately 4,178± SF medical office building with storage and shared common areas; Gross lease recently renewed through December 2029; tenant occupies the majority of the building; 0.66‑acre property on Main Street, directly across from MaineHealth Stephens Hospital
More about this property
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