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Office Building with Open Layout
New
For Sale
$1,250,000

2198 Main Street, Rangeley, ME 04970

Commercial Sale, Rangeley, ME

Property Size2,000 SF
Lot Size1.15 Acres
Price / SF$625
Days on Market2

Property Features for 2198 Main Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning Com
Lot features Business District, Near Shopping, Ski Resort
Standard status Active
Size 2,000 SF
Lot size 1.15 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 5436
HOA Fee $2,000 Annually

Utilities

Sewer type Public Sewer
Heating system Propane (Heating), Hot Water(Heating), Radiant, Heat Pump (Heating), Electric (Heating), Natural Gas
Cooling system Heat Pump
Water source Public

Amenities

conference room
executive offices
covered level entry
ADA compliant
large fixed windows
casement windows
ceiling fans
large kitchen
gas fireplace
community event space

Building Details

Year built 2024
Flooring type Vinyl
Building materials Wood Frame, Clapboard, Wood Siding
Roof type Shingle
Listing Agency: Noyes Real Estate Agency
Listed By: Earl Bowen
Added: Oct 16 Last Checked: Oct 17 at 7:06AM
MLS# 1684590

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.

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Investment Insights

Based on property information with market context.

This 2,000-square-foot office building at 2198 Main Street in Rangeley was built in 2024. Its open floor plan includes a conference room, two executive offices, two bathrooms, and a covered level entry; the building is ADA compliant. Heating includes radiant propane and a heat pump mini-split for supplemental heat and air-conditioning. The kitchen has a double wall oven, cooktop, refrigerator, dishwasher, and gas fireplace. Large fixed and casement windows and ceiling fans are also present.

The 1.15-acre property is on Route 4, across from Rangeley IGA, with 29+ shared parking spaces. It has town water and sewer, and underground utilities. Zoning is Com. The listing describes the building division as established by condominium declaration.

Key Highlights

  • 2,000‑square‑foot office building on a 1.15‑acre property
  • Built in 2024; zoning is Com
  • Open floor plan with conference room and two executive offices

Property Analytics

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Current Use

Office buildings

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Garden Center Cafe & Coffee Shop Auto Repair Shop Restaurant Food Market

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
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

83
Businesses Nearby

Demographics for 04970, ME

1,632
Population
2,286
Households
0.7
Avg Household Size
55
Median Age
31%
College-Educated
94%
High-School Grad
224.8 sq mi
ZIP Area
7
Density / Sq Mi
$58,182
Median Household Income
$37,443
Median Earnings
$698
Median Rent
$287,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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

Frequently Asked Questions

What type of property is this?
Office building - A 2024 office property includes a conference room, two executive offices, and an accessible covered entrance.
Where is this office building located?
The property is located at 2198 Main Street Rangeley, ME.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: 2,000‑square‑foot office building on a 1.15‑acre property; Built in 2024; zoning is Com; Open floor plan with conference room and two executive offices
More about this property
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