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Renovated Four-Unit Quadplex
For Sale
$460,000

185 W Main Street, Stockton Springs, ME 04981

Four apartments include a flexible first-floor space, on-site laundry, and a varied unit mix near the ocean.

Property Size3,246 SF
Price / SF$141.71
Days on Market114

Property Features for 185 W Main Street

General Information

Standard status Active
Size 3,246 SF
Property subtype Multi-family
Lease Term []

Amenities

Accessible Approach with Ramp

Building Details

Year Built 1870
Year Renovated 2003
Buildings 1
Stories 3
Tenancy Multi
Abandoned No
Listing Agency: EXP Realty
Listed By: Summer Ali Ariza
Source: Portsiderealestategroup
Added: May 10 Changed: Aug 31 Last Checked: Aug 30 at 5:33PM

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 EXP Realty

Investment Insights

Based on property information with market context.

The Griffin Building is a four-unit residential property with 3,246 square feet and a unit mix comprising two one-bedroom, one-bath apartments, a two-bedroom, one-bath apartment, and an oversized studio with one bath. The front first-floor unit is vacant and configured for either residential occupancy or business use. On-site coin-operated laundry serves the building, and two apartments include dishwashers.

Originally constructed in 1870, the property received extensive renovation work in 2003, including plumbing, electrical systems, and windows. The asphalt roof was completed in 2011, followed by a metal roof installation in 2014. Furnace maintenance has been performed annually, and window replacement has begun again as needed. The building is located at 185 W Main St in Stockton Springs, within a short walk of the ocean and near Belfast, Bucksport, and Bangor.

Key Highlights

  • Four‑unit building with 3,246 square feet
  • Unit mix includes two 1‑bed/1‑bath apartments, one 2‑bed/1‑bath apartment, and an oversized studio
  • 2003 renovation included plumbing, electrical systems, and windows

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Auto Repair Shop Storage Facility Furniture & Home Goods Grocery & Convenience Store Big Box & Wholesale Store Carpet & Flooring 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.

Lease Details

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

54
Businesses Nearby

Demographics for 04981, ME

2,231
Population
1,379
Households
1.6
Avg Household Size
53
Median Age
26%
College-Educated
95%
High-School Grad
37.7 sq mi
ZIP Area
59
Density / Sq Mi
$72,178
Median Household Income
$41,042
Median Earnings
$1,375
Median Rent
$220,900
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Quadplex - Four apartments include a flexible first-floor space, on-site laundry, and a varied unit mix near the ocean.
Where is this quadplex located?
The property is located at 185 W Main Street Stockton Springs, ME.
What is the asking price?
The asking price for this property is $460,000.
What are key features of this property?
This property features: Four‑unit building with 3,246 square feet; Unit mix includes two 1‑bed/1‑bath apartments, one 2‑bed/1‑bath apartment, and an oversized studio; 2003 renovation included plumbing, electrical systems, and windows
More about this property
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