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Commercial Land
New
For Sale
$1,525,000

186 Main Street, Freeport, ME 04032

Commercial Sale, Freeport, ME

Property Size5,597 SF
Lot Size1.26 Acres
Price / SF$272.47
Days on Market2

Property Features for 186 Main Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning V1
Rooms Basement
Basement Walk-Out Access, Unfinished
Lot features Downtown, Business District, Historic District, Near Shopping
Standard status Active
Size 5,597 SF
Lot size 1.26 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 16145

Utilities

Sewer type Public Sewer
Water source Public

Building Details

Year built 1885
Flooring type Carpet
Building materials Clapboard
Roof type Shingle
Listing Agency: EXP Realty
Listed By: Melinda Sanderson
Added: Sep 2 Last Checked: Sep 3 at 6:06AM
MLS# 1678876

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 V1-zoned commercial property comprises approximately 1.26 acres and includes a 5,597-square-foot building constructed in 1885. The structure features clapboard siding, carpeted flooring, a shingle roof, and a basement. Public water and public sewer serve the property.

The address is on Main Street in Freeport, within walking distance of downtown shops and restaurants. The property previously operated as an inn, while potential future uses may include multifamily housing, affordable housing development, professional offices, and other possibilities subject to municipal approvals.

Key Highlights

  • 1.26 +/- acres of commercial land in Freeport
  • 5,597‑square‑foot building constructed in 1885
  • V1 zoning may support uses beyond an inn, subject to municipal approvals

Property Analytics

Current Use

The Village Inn Hotel & Motel

Suggested Use

Top Pick Auto Repair Shop Dental Office (Bike/Boat/Book/etc) Store Bakery Pharmacy Storage Facility

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

522
Businesses Nearby

Demographics for 04032, ME

8,737
Population
4,133
Households
2.1
Avg Household Size
47
Median Age
57%
College-Educated
94%
High-School Grad
34.7 sq mi
ZIP Area
252
Density / Sq Mi
$108,864
Median Household Income
$48,222
Median Earnings
$1,436
Median Rent
$445,800
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Commercial land - V1-zoned commercial property with an existing building and public water and sewer service.
Where is this commercial land located?
The property is located at 186 Main Street Freeport, ME.
What is the asking price?
The asking price for this property is $1,525,000.
What are key features of this property?
This property features: 1.26 +/- acres of commercial land in Freeport; 5,597‑square‑foot building constructed in 1885; V1 zoning may support uses beyond an inn, subject to municipal approvals
More about this property
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