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Mixed-Use Property with Warehouse
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192 Elm St, Newport, ME 04953

Two buildings combine retail, office, mezzanine, and warehouse space with shared paved parking.

Property SizeContact for details
Days on Market142

Property Features for 192 Elm St

General Information

Standard status Active
Total Parking Spaces 10
Property subtype Industrial, Mixed Use, Retail

Site & Location

Highway Access Yes
Road Access Yes

Warehouse & Industrial

Warehouse Space 3,000 SF
Drive-In Doors 1
Power 200 amps

Building Details

Buildings 2
Listing Agency: Magnusson Balfour Commercial
Listed By: Dennis Wheelock · License #ME BR921652
Source: Crexi
Added: Apr 12 Changed: Aug 31 Last Checked: Aug 29 at 4:53PM

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 Magnusson Balfour Commercial

Investment Insights

Based on property information with market context.

This mixed-use property includes two separate buildings with complementary commercial layouts. The front building measures approximately 4,800 SF and offers an open retail floor, a small office, two half baths, and a second-floor mezzanine used for production. The mezzanine received new flooring, lighting, and paint two years ago; the metal siding is three years old, and the front vinyl siding is new. Home Hardware & More occupies the building, while the business itself is excluded from the sale. The tenant-at-will arrangement allows the occupant to remain or vacate if the new owner elects to use the space.

A rear building provides approximately 3,000 SF of warehouse area, one drive-in bay, and brand-new 200 amp electrical service. It is shared by the existing hardware business and another tenant. Both buildings use a paved parking lot with approximately 8-10 spaces. The property fronts Routes 2/7 and is less than one mile from Maine Turnpike Exit 159 in Newport, Maine.

Key Highlights

  • Two‑building mixed‑use property with retail and warehouse components
  • Front building offers 4,800+/- SF of retail, office, mezzanine, and production space
  • Rear building contains 3,000+/- SF of warehouse space with one drive‑in bay

Property Analytics

Current Use

Prevailin' Graphics Marketing & Advertising

Suggested Use

Top Pick Electrical Service Real Estate Agency Pharmacy Storage Facility Plumbing Service Building Supply

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

1
Drive-in doors
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

106
Businesses Nearby

Demographics for 04953, ME

3,139
Population
1,830
Households
1.7
Avg Household Size
47
Median Age
29%
College-Educated
92%
High-School Grad
29.5 sq mi
ZIP Area
106
Density / Sq Mi
$62,708
Median Household Income
$46,538
Median Earnings
$884
Median Rent
$213,400
Median Home Value

Market

Vacancy Rate% for Industrial in Northeast region

5.4% 2019
4.6% 2020
3.2% 2021
3.3% 2022
5.3% 2023
6.6% 2024
7.6% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Two buildings combine retail, office, mezzanine, and warehouse space with shared paved parking.
Where is this mixed-use property located?
The property is located at 192 Elm St Newport, ME.
What are key features of this property?
This property features: Two‑building mixed‑use property with retail and warehouse components; Front building offers 4,800+/- SF of retail, office, mezzanine, and production space; Rear building contains 3,000+/- SF of warehouse space with one drive‑in bay
(207) 242-5588 Call to check price and availability
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