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Brick Mixed-Use Building
For Sale
$697,500

189 Main Street, Thomaston, ME 04861

Two commercial tenants occupy the first floor, while the upper level supports office, studio, or residential conversion plans.

Property Size4,498 SF
Price / SF$155.07
Days on Market161

Property Features for 189 Main Street

General Information

Standard status Active
Size 4,498 SF
Property subtype Commercial
Lease Term []

Additional Details

Road Access Yes

Amenities

two half baths per floor
original bank safe

Building Details

Year Built 1874
Buildings 1
Stories 2
Construction brick
Tenancy Multi
Listing Agency: Cates Real Estate
Listed By: Martin Cates
Source: Portsiderealestategroup
Added: Mar 24 Changed: Aug 30 Last Checked: Aug 30 at 10:28PM

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 Cates Real Estate

Investment Insights

Based on property information with market context.

Built in 1874, this 4,498 SF brick mixed-use building combines active first-floor commercial occupancy with an unfinished second-floor opportunity. Two commercial tenants are located on the ground level, and the upper floor offers large open space suited to office, studio, or residential conversion. Each floor includes two half baths, and the original bank safe remains in place as a distinctive interior feature. Businesses operating in the building are not included in the sale.

The property fronts Main Street in downtown Thomaston, providing a traditional commercial setting for a buyer seeking a building with existing occupancy and additional upper-level flexibility.

Key Highlights

  • 4,498 SF brick mixed‑use building constructed in 1874
  • Two commercial tenants occupy the first floor; businesses are excluded from the sale
  • Second floor offers office, studio, or residential conversion potential

Property Analytics

Current Use

Element Furniture Furniture & Home Goods FlipSide Coffee Cafe & Coffee Shop

Suggested Use

Top Pick Real Estate Agency HVAC Service Parking Lot & Garage Furniture & Home Goods Big Box & Wholesale Store Catering Service

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
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

188
Businesses Nearby

Demographics for 04861, ME

2,739
Population
1,445
Households
1.9
Avg Household Size
48
Median Age
29%
College-Educated
93%
High-School Grad
10.9 sq mi
ZIP Area
251
Density / Sq Mi
$53,775
Median Household Income
$35,662
Median Earnings
$891
Median Rent
$260,100
Median Home Value

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Two commercial tenants occupy the first floor, while the upper level supports office, studio, or residential conversion plans.
Where is this mixed-use property located?
The property is located at 189 Main Street Thomaston, ME.
What is the asking price?
The asking price for this property is $697,500.
What are key features of this property?
This property features: 4,498 SF brick mixed‑use building constructed in 1874; Two commercial tenants occupy the first floor; businesses are excluded from the sale; Second floor offers office, studio, or residential conversion potential
More about this property
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