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Apartment Building with 11 Units
For Sale
$385,000

23 Main Street, Limestone, ME 04750

Apartment building with 11 units at 23 Main Street near Loring Commerce Centre.

Property Size8,704 SF
Price / SF$44.23
Days on Market243

Property Features for 23 Main Street

General Information

Standard status Active
Size 8,704 SF
Property subtype Multi-family

Building Details

Year Built 9999
Tenancy Multi
Listing Agency: Dobbs Realty
Listed By: Frederick Dobbs
Source: Profoundrealestate
Added: Dec 12, 2025 Changed: Aug 11 Last Checked: Aug 11 at 9:56AM

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 Dobbs Realty

Investment Insights

Based on property information with market context.

This apartment building at 23 Main Street features 11 rental units, providing an income-focused multi-family configuration.

The property totals 8,704 SF and is described as being in the heart of town, close to the Loring Commerce Centre.

Ideal for investors looking for a multi-unit residential rental asset with an established unit count, the building’s current structure supports straightforward ongoing operations based on the existing rents.

Key Highlights

  • 11 rental units
  • 8,704 SF apartment building
  • 23 Main Street, Limestone, ME 04750

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Parking Lot & Garage Auto Repair Shop Auto Parts Store Hair Salon Big Box & Wholesale Store Nail Salon

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

56
Businesses Nearby

Demographics for 04750, ME

1,817
Population
1,033
Households
1.8
Avg Household Size
48
Median Age
18%
College-Educated
90%
High-School Grad
78.4 sq mi
ZIP Area
23
Density / Sq Mi
$43,750
Median Household Income
$33,462
Median Earnings
$781
Median Rent
$93,000
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

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

What type of property is this?
Apartment building - Apartment building with 11 units at 23 Main Street near Loring Commerce Centre.
Where is this apartment building located?
The property is located at 23 Main Street Limestone, ME.
What is the asking price?
The asking price for this property is $385,000.
What are key features of this property?
This property features: 11 rental units; 8,704 SF apartment building; 23 Main Street, Limestone, ME 04750
More about this property
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